How long will a bankruptcy stay on my credit report?

In Wisconsin, a bankruptcy will remain on your credit report for up to ten years depending on the type of bankruptcy. For a chapter 7 bankruptcy, the bankruptcy can remain on your credit report for up to ten years. Likewise, a chapter 13 bankruptcy can also remain on your credit report for up to ten years as well. A chapter 11 bankruptcy is usually for business owners and can remain on your credit report for up to seven years. After you have filed for bankruptcy in Wisconsin, it will appear on your credit report as a public record. Once you file for bankruptcy, the information will be visible to potential lenders, creditors, and employers when they run a credit check on you. It is important to know that even though a bankruptcy may remain on your credit report for up to ten years, it does not mean that you cannot rebuild your credit in the interim. In fact, it is essential to try and build your credit as soon as possible following the bankruptcy filing. This can be done by securing a secured credit card, paying your bills on time, and using your credit responsibly. By doing these things, you will begin to build a positive credit history. Overall, a bankruptcy in Wisconsin can remain on your credit report for up to ten years, depending on the type of bankruptcy you have filed for. However, there are some steps you can take to help you rebuild your credit in the interim.

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How long will a bankruptcy stay on my credit report?

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