Chapter 7 Bankruptcy Credit Report
The credit score reflected in your credit report varies depending on how long it’s been since your bankruptcy filing. As you might expect, the further you get away from your bankruptcy filing, the less effect it has on your credit score. For example, if you filed Chapter 7 just over nine years ago, it’s going to have a much less effect on your credit score than if you had made the filing 6 months ago.
If you recently filed, however, your chapter 7 bankruptcy credit report won’t look inviting at all. You’ll find all kinds of bad information from your creditors about your late payments, missing payments, and defaults. Depending on what type of bankruptcy you filed you will have a long road towards rebuilding your credit and getting your life back in order.