📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Bankruptcy on credit file

Hi ya
Please can someone tell me how long bankrupcy stays on a credit report for and wheather it is from bankrupt date or discharge. Many thanks

Comments

  • luvchocolate
    luvchocolate Posts: 3,399 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    6 years from B.R date
  • mug098
    mug098 Posts: 94 Forumite
    Many thanks for that. Do you know if it removes automatic at midnight or weather cones off after the next update i,e 31 days .
  • National_Debtline
    National_Debtline Posts: 7,998 Organisation Representative
    Tenth Anniversary 1,000 Posts Combo Breaker
    Hi Mug098,


    Credit files can be updated several times per month so I would expect it to come off through the next update. It wouldn't normally come off at midnight, unless you were very lucky with credit files updating.


    Laura
    @natdebtline
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
  • mug098
    mug098 Posts: 94 Forumite
    Much appreciated. I searched it online but every where i looked it was saying that it stayed on file for 7 years, i thought it was six hense the question.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.6K Work, Benefits & Business
  • 600K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.