Question by reretoy: Will filing bankruptcy ruin my credit for life or just 10 years?
Ok so here is the situation I want to leave my husband and the only reason I am still here is due to finances. If I leave and I file bankruptcy will that basically be with me for the rest of my life? I am 32 so if it is on my credit for 10 years that would put me at around age 42 before I can establish myself again. Any suggestions would be more than greatly appreciated!
Best answer:
Answer by hbutz
After ten years, your bankruptcy will pretty much be old news. However, a permanent public record will be kept. It could hurt your chances of first time homeowner’s loans, etc. After ten years, you will be able to once again have a decent credit score.
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