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How are accounts discharged in bankruptcy reported on credit reports?

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How are accounts discharged in bankruptcy reported on credit reports? Are they removed after the discharge?




Hi Austin!

Unfortunately, the answer is yes. A bankruptcy filing will be written on your credit report for 7 to 10 years.

You will get information about the debts discharged in bankruptcy appearing on your credit report also.

Sub: #1 posted on Sun, 06/07/2020 - 23:39

Ryan Miller Ryan Miller

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I would like to add 2 points here. Discharged debts are reported on your credit reports in 2 ways.

Debts discharged in bankruptcy
Balance owed on debts is 0

Check your credit reports 3 months after your debts have been discharged. That would give creditors enough time to update your credit report.

Sub: #2 posted on Mon, 06/08/2020 - 05:49

David Martin David Martin

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