A Chapter 7 bankruptcy filing will stay on your credit report for 10 years. A Chapter 13 bankruptcy filing will stay on your credit report for the length of the plan (3-5 years) plus 7 years thereafter. But, that DOES NOT mean that you cannot obtain credit after your discharge. You will be able to obtain credit because your bankruptcy discharge will make you a better credit risk. Why? Because the debts that you owed (with very few exceptions) are now gone – wiped out. You get the fresh start that you have needed to move on with your life.
This answer does not create an attorney/client relationship and is for informational purposes only. We are a law firm licensed in Georgia. A consultation with a qualified attorney in your area is required to determine specific legal advice as to your situation and applicable law. We are a law firm designated by Congress as a debt relief agency. We help people file for bankruptcy relief under the bankruptcy code.