How Long Does Bankruptcy Appear on a Credit Report? 

Having a favorable credit report is important. A good credit score determines whether you qualify for secured and unsecured loans and the interest rates you will pay for using someone else’s money. Although some people may be able to pay cash as they go through life, most need financing to garner their piece of the American dream.  Without a doubt, bankruptcy is hostile to credit reports. It will appear on your report when it is filed and remain there for a period of time. Your credit score will take a hit. You will need to work to restore your credit.   Although this...

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