When Bankruptcy Should Drop Off
Chapter 7 bankruptcies don’t come off your credit report for 10 years. The seven-year rule applies only to Chapter 13 bankruptcies. The clock begins ticking on the date you filed your bankruptcy petition, not the date of the discharge.
Dealing With Late Removal
If you have to reach out to one or more of the credit agencies because your bankruptcy is still showing up on your credit report, and you were denied credit in the meantime because of this, you can request that a corrected report be sent to the creditor. If a potential employer accessed your credit report, you have up to two years from the date the bankruptcy should have been removed to ask for a corrected report be forwarded to the company.
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