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Bankruptcy Stays on Your Credit 10 Years and Other Myths
Published December 8, 2020
  |  
5 min. read
Barry Paperno
Barry Paperno provides a perspective on credit and personal finan.
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You might have heard that bankruptcy gives you a clean financial slate, but that’s not exactly accurate. For those experiencing serious financial distress, bankruptcy
can be a way to eventually restart. Depending on your financial situation, you can get rid of debts or restructure them.
But this doesn’t give you a clean slate, especially on your credit report. Bankruptcy is a negative item that can show up on your report and impact your credit score for years. Discover how long bankruptcy stays on your credit report and get the scoop on common bankruptcy myths below. ....

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