Legal Question in Bankruptcy in California

Bankruptcy did the law extend the time of chapter 7

I filed for bankruptch in Jan 1994. I was told by my attorney it would be for 7 years. This was in California. Now I see on some of my credit reports that it says it will stay for 10 years. Has the law changed since I was discharge? How can it go from 7 to 10 years.


Asked on 2/10/01, 5:28 pm

1 Answer from Attorneys
Mark Markus Law Office of Mark J. Markus

Re: Bankruptcy did the law extend the time of chapter 7

Credit reporting agencies can report a bankruptcy for up to 10 years from the date it was filed. This is not bankruptcy law. Yes it did change. How? Because that's what President Clinton signed into law.

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Answered on 3/22/01, 11:56 am


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