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Does Filing Bankruptcy Ruin My Credit For 7 Years

By Kurt O'Keefe

Will filing bankruptcy ruin my credit for seven years? I heard this again from a bankruptcy client this week. The only seven year debt forgiveness reference I can find is in the Old Testament: “Every seven years you shall forgive them their debts.” Bankruptcy has to be removed from your credit report after ten years. You […]

Filed Under: Considering Bankruptcy

Bankruptcy Basics

About The Soapbox

You’ve arrived at the Bankruptcy Soapbox, a resource of bankruptcy information and consumer law.

Soapbox is a companion site to Bankruptcy in Brief, where I try to be largely explanatory and even handed (Note I said “try”).

Here, I allow myself to tell stories and express strong opinions. We dig deeper into how to consider bankruptcy and navigate a bankruptcy case.

Moran Law Group
Bankruptcy specialists for individuals and small businesses in the San Francisco Bay Area

How Bankruptcy Works

Inclusion in Bankruptcy Doesn’t Equal “Discharged”

Convincing clients that all of their debts must be included in bankruptcy is one of the hardest parts of being a bankruptcy lawyer. The struggle often seems Herculean. Sometimes, they will tell me they don't want to include their car loan in the case because they "need the car". Sometimes I find the … Read more

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