Legal Question in Bankruptcy in Florida

Credit Question on Bankruptcy

I would like to know how long a Chapter 7 bankruptcy dissolution appears on your credit ratings?

Is it not true that after a certain number of years it is no longer reflected on your credit ratings?

Advise. Thanks.


Asked on 8/07/01, 8:36 am

2 Answers from Attorneys
Anthony Comparetto Comparetto Law Firm

Re: Credit Question on Bankruptcy

It can stay up to ten years under current law

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Answered on 8/07/01, 1:50 pm
Richard Birkenwald Richard Birkenwald, Esq.

Re: Credit Question on Bankruptcy

The bankruptcy filing is picked up and noted by several commercial credit reporting companies. Federal law limits the length of time that this information may be carried on a report. The limit on reporting bankruptcy filing is 10 years. Also, the law prevents certain governmental units and agencies from discriminating against persons who have filed bankruptcy

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Answered on 8/07/01, 5:08 pm


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