Q How long does a Virginia bankruptcy filing stay on my credit report? A One consideration in deciding between Chapter 7 liquidation bankruptcy and Chapter 13 personal reorganization bankruptcy is the amount of time the bankruptcy will remain on your credit report.
After a successful Chapter 7 bankruptcy filing, you will be released, or discharged from most or all of your existing debt. A Chapter 7 bankruptcy will remain on your credit report for 10 years following the date of discharge.
However, a Chapter 13 bankruptcy will only remain on your report for 7 years after the date of filing. Because repayment schedules under Chapter 13 take 3 to 5 years to complete, that means that filing Chapter 13 will only impact your credit report for 2 to 4 years after completing the bankruptcy process.
Filing for any form of bankruptcy will stay on your court records for approximately 20 years.
Bankruptcy law is increasingly complicated. To improve your odds of a successful filing, you will want legal assistance. The Falls Church bankruptcy attorneys at The Strong Law Firm serve clients in Virginia, Maryland and District of Columbia. Schedule a confidential consultation today by calling our offices at 877-344-8189 or filling out the quick online contact form. Back Next See All
Affordable and Experienced Legal Representation for Local Small Businesses:
Are You A New Business Owner? Follow Our Blog and Go to Our LIbrary of Resource Articles for Important FREE LEGAL INFORMATION.
THE STRONG LAW FIRM will guide you through Business Start Ups, Incorporation, Small Business Contracts, ABC/ABRA Violations and Licensing, Lease Negotiations, Buy-Sell Agreements, Business Immigration Cases, Shareholder Dispute Resolution – at Reasonable Cost for Legal Fees.
Many Flat Rate Fees for Most Services Are Available. We Price Our Services With Your Budget In Mind.
Call us at 703-350-4241 for more information.
Affordable and Experienced Legal Representation for Local Businesses: Start Ups, Small Business Contracts, ABC/ABRA Violations and Licensing, Lease Negotiations, Buy-Sell Agreements, Business Immigration Cases, Shareholder Dispute Resolution – at Reasonable Cost for Legal Fees. Many Flat Rate Fees for Most Services Available. Call us at 703-350-4241 for information.
Tests, and other serious traffic violations.
CALL THE STRONG LAW FIRM AT 703-350-4241 today.
EMAIL YOUR QUESTIONS TO:firstname.lastname@example.org
The Strong Law Firm is happy to answer your questions and explain your options in a completely confidential office consultation. Take the first step today: contact our office to speak to an experienced Northern Virginia Traffic Defense attorney with the Strong Law Firm.
We offer a free telephone consultation to understand your issue, and give you initial guidance on solutions to your business issue. If a personal meeting is worthwhile, you can apply our reasonable consultation fee to your business matter legal fee. We have a variety of payment plans to consider your personal situation. Call for an estimate and analysis of your business problem today!
For directions to our Falls Church office, please use our friendly Strong Law Office map feature. If you would like more answers to your other business related questions, please feel free to go to our Business Article Library.
by Michael Strong email@example.com Connect with me
Senior Attorney, Strong Law Firm
We have over 30 YEARS of experience in advocating for victims of catastrophic and personal injuries, and recovered millions for families who've lost loved ones.