QUESTION

What is the new law on deleted civil posting in 2017?

Asked on Aug 09th, 2017 on Bankruptcy - California
More details to this question:
I have chapter 7 in 2011. I have proven my wife and I can and will do better as we age. We are both 68 and retired. We got a new credit in 2014 and have paid as agreed. We paid all of but three. All will be paid off at the end of the year. In the late 80s, you can have chapter 7 and within two years, if reestablished good credit, this would drop off from all 3 credit reporting firms.
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1 ANSWER

BK will stay on credit for 7 years. Banks will consider mortgage lending after 2.
Answered on Oct 19th, 2017 at 10:29 AM

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