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RMAI Update May 2023

RMAi Blog

26, 2023) A consumer filed for Chapter 7 bankruptcy, listing past-due rent he owed, and was subsequently granted a discharge. 2190 (2021)]. Seventh Circuit Holds Confusion and Concern Not Enough for Article III Standing Pucillo v. Nat’l Credit Sys. , 21-3131, 2023 U.S. LEXIS 10237 (7th Cir. Ramirez , 141 S.

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How Long Do Late Payments Stay on Your Credit Report?

CreditStrong for Business

Bankruptcy is an exception that may remain on your credit bureau report for up to 10 years. A Chapter 7 bankruptcy will remain for up to 10 years, while a Chapter 13 bankruptcy generally remains for seven years. Here, the missed payment in August 2014 starts a new seven-year period that ends in August 2021.