A Chapter 7 bankruptcy typically stays on your credit report for 10 years from the date you filed. This removal happens automatically, so you do not need to take any action to have it removed after that period
. In contrast, a Chapter 13 bankruptcy generally remains on your credit report for 7 years from the filing date
. The bankruptcy record appears in the public records section of your credit report and can significantly impact your credit score, but its negative effect tends to diminish over time before it eventually falls off
. In summary:
- Chapter 7 bankruptcy: stays on credit report for 10 years from filing date.
- Chapter 13 bankruptcy: stays on credit report for 7 years from filing date.
After these periods, the bankruptcy should automatically be removed from your credit report
