if you declare personal bankruptcy, how long will this stay on your credit report? a. 10 years from the date…

if you declare personal bankruptcy, how long will this stay on your credit report? a. 10 years from the date that you filed a bankruptcy petition. b. it is an invasion of your privacy to list bankruptcy in a credit report. c. it will remain in your credit report for as long as you live. d. 8 years from the date that you filed a bankruptcy petition.

if you declare personal bankruptcy, how long will this stay on your credit report? a. 10 years from the date that you filed a bankruptcy petition. b. it is an invasion of your privacy to list bankruptcy in a credit report. c. it will remain in your credit report for as long as you live. d. 8 years from the date that you filed a bankruptcy petition.

Answer

Brief Explanations:

In general, a Chapter 7 personal bankruptcy stays on your credit report for 10 years from the date you filed the bankruptcy petition, while a Chapter 13 bankruptcy stays for 7 years. Here, the most relevant correct - option is based on the general rule for Chapter 7.

Answer:

A. 10 years from the date that you filed a bankruptcy petition.