megsmith12343 megsmith12343
  • 12-02-2018
  • Mathematics
contestada

Lawrence filed for Chapter 7 bankruptcy when he was 40 years old. How old will he be when the bankruptcy is removed from his credit report?

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youngswag797 youngswag797
  • 20-02-2018
50 years old is the answer in apex
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MsEHolt MsEHolt
  • 23-01-2019

Answer:

He will be 50.

Step-by-step explanation:

In Chapter 7 bankruptcy, none of the debt is repaid.  Because of this, it stays on your credit report for 10 years, instead of the 7 years that Chapter 13 bankruptcy stays on your report.

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