Personal Bankruptcy, Rebuilding Credit, and the Self Employed

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A bankruptcy filing stays on your credit report for ten years. General credit accounts take seven years to fall off. An individual’s credit really doesn't start to repair until after a debtor receives a bankruptcy discharge.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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