How long will Debt stay on my credit report?
As long as the debt information is true and the account is active, debt will continue to appear on your credit report. You can anticipate that negative information will disappear from your credit record seven years after the account is closed with no payments made.
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How long will a bankruptcy appear on my Credit credit reports?
A Chapter 13 bankruptcy will appear on your credit report for 7-years from the date of the filing. A Chapter 7 bankruptcy will appear on your credit report for 10-years from the date of the filing.
Some Potential Drawbacks of Debt Consolidation/Debt Settlement
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There are two (2) "courses" that must be completed to successfully file and complete your bankruptcy. Before you can file your bankruptcy, you are required to complete pre-bankruptcy credit counseling. The debtor education course must be completed ...
Can you clear medical debt in Bankrutpcy?
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How Do I Know if I Should Consider Bankruptcy?
The question many people ask themselves is when should I consider filing for bankruptcy? If you are reading this article, the answer is that you probably need to consider bankruptcy as an option right now. Many people wait far too long to file ...