Bankruptcy free from next month :)

wazza24

Hi all, just a quick question, hoping someone will have been here before. Its been 6 years since my bankruptcy next month and i am wondering how that will affect my credit files over the coming months.

Does the record of Bankruptcy automatically come of my files or will i have to notify the agencies and also will individual banks who have known that i was bankrupt still hold that against me when making decisions on products to offer. for example banks who i owed money too in my bankruptcy.

many thanks

alastairq

Does the record of Bankruptcy automatically come of my files

Yes, it does..although it may take a month or two to happen.

also will individual banks who have known that i was bankrupt still hold that against me when making decisions on products to offer. for example banks who i owed money too in my bankruptcy.

That will depend on whether they keep personal records or not? Try them and see?

CharlieDog50

As I understand it, your bankruptcy may come off credit reference agency files, but may lenders (especially mortgage lenders) will ask on the application form whether you have ever been bankrupt.