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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