How long is a Chapter 7 bankruptcy going to stay on my credit report?
Chapter 7 stays on your credit for 10 years. Chapter 13 stays on your credit for 7 years. Within two to four years, your credit could get up into the 600’s. It just depends on what you do. The best thing you can do is re-affirm your car. When you re-affirm your car, you keep making your payments, and that builds up your credit. You build up your credit the same way you did before, making timely payments to your creditors. People always get credit card offers after, the BK discharge, because the creditors know that the new debt cannot be discharged for quite some time. You can’t do another bankruptcy for 8 years. So they always give you credit cards and try to put you right back where they had you in the first place. You just have to build your credit back slowly. It just depends on the things you do afterwards (there are also credit repair companies), but it will be on your credit for 10 years, but you are able to rebuild it in two to four years. All your debts will say Subject to Chap
