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State is not a consideration in BK, it is a Federal court action and law.
Credit reports also do not depend on state of residence.
BKs are reported on the standard type credit report for 10 years.
the information, as a matter of public record...is available many places for almost forever.
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How long do things stay on your credit report?
Negative entries from creditors remain seven years from the DLA. Chapter 7 BKs for ten years, Chapter 11 for seven years. Judgments remain for seven years but can be reentered when if they are renewed.
Does chapter 11 affect your personal credit?
Yes.
How long will a dismissed bankruptcy stay on your credit?
:A bankruptcy under chapter 7 or 11, or a non-discharged or dismissed chapter 13 bankruptcy generally remains on your credit file for 10 years from the date filed. A discharged chapter 13 bankruptcy generally remains on your credit file for 7 years from the date filed.
How do you calculate exactly when a Chapter 7 bankruptcy will be removed from a credit report?
If you filed March 11, 1997 it will stay on reports for 10 years so it should come off march 12, 2007. Chapter 7 bankruptcies stay on report for 10 years. Chapter 13 stay for 7 years on experian and transunion. On equifax they stay for 10 years!
How long does bad debit stay with your credit?
It depends on your situation but a foreclosure for example will normally cause you to have bad credit for 7 years. Most of the time bad debit will stay with you 7 years, but may sometimes remain with you for as long as 11 years.
When does a chapter 11 come off your credit report?
Ten years after the date of discharge.
Can subsidiary remain outside of chapter 11 if parent company file chapter 11?
Yes, if it is not considered insolvent and is profitable, it is likely the judge will allow the subsidiary to stay out of Chapter 11, especially if the judge determines that Ch11 would hinder the subsidiary.
Are vendors guaranteed payment selling a company in Chapter 11 Bankruptcy?
No, but generally they receive higher preference than unsecured creditors that issued credit prior to the bankruptcy, should the chapter 11 company go to chapter 7.
Difference of chapter 11 and chapter 7?
In chapter 11 bankruptcy, a business (usually) is trying to stay open by modifying its debts and getting rid of some. In a chapter 7 bankruptcy, a business is liquidating itself and usually has to shut down as a result.
How long do the credit bureaus see your chapter eleven bankruptcy you filed in December of 2000?
A chapter 11? A farm? Bankruptcies are not "seen" by credit reporting bureaus, they just report them. They can see them any time by logging on to a bankruptcy court web site with their log-in info. They can only report bankruptcies up to 10 years after the filing date.
How long after filing chapter 11 can you file chapter 7?
Chapter 11 is virtually always on for CORPORATIONS and is a "reorganization" rather than a liquidation. Chapter 7 dissolves the corporation. C-7 can happen, and frequently is, shortly after C-11 (actually converting the C-11), especially if no viable reorganization plan can be found.
How long is bad credit on credit report?
7 to 11 years depending on debt to earning ratio
