If you file for either Chapter 7 or Chapter 13 bankruptcy, it will appear on your credit report for up to ten years.
If you apply for a loan or life insurance policy in an amount greater than $150,000 or apply for a job with an annual income great than $75,000, credit reporting agencies can report your bankruptcy longer than ten years. As a practical matter, however, most credit reporting agencies will delete the bankruptcy after ten years.
To learn how long other types of negative information will remain on your credit report, see How Long Does Negative Information Stay on a Credit Report?
by: Kathleen Michon , J.D.