How long does bankruptcy remain on my credit bureau report and can I obtain credit before that time period runs?
A bankruptcy can be kept in the public records section of your credit bureau report for 10 years. Once your discharge is entered, if certain income and employment conditions are met, new automobile financing is immediately available at most car dealerships in Jacksonville. If certain conditions are met, new mortgage financing may be available after discharge with a substantial down payment. VA and FHA financing becomes available two years after discharge. Credit card solicitations usually begin almost immediately after discharge.
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