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Can a roommate's bankruptcy have a negative effect on your credit report?
Wiki User
∙ 8y ago
No. Not unless you all share a SS # too.
The only other situation where a roomates bankruptcy would might affect your credit is if you file for a joint or co-signed loan together.
Wiki User
∙ 8y ago
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How will a bankruptcy effect your credit score?
will bankruptcy increase you credit score over time
If you are an additional card holder on a parent's credit card account and you file bankruptcy will the bankruptcy appear on their credit?
The bankruptcy will appear on their credit if you include this card in your bankruptcy. If you leave the card off the bankruptcy, it will not effect their credit.
How long does a bankruptcy show on your credit?
Bankruptcy will always be on your credit scoring record. After the bankruptcy is discharged it will have a less negative effect, and then after 6 years it is supposed to be considered done with and you get get a mortgage, loans etc. However, having a bankruptcy on your record will always have some negative effect even after the 6 years are up. Bankruptcies are maintained on a credit report for at least 10 years.
How much does a bankruptcy negatively affect your credit score?
A bankruptcy stays on your credit report for 10 years and you may have to answer about it for the rest of your life. Who knows what effect it has on your credit score? Companies that lend money. Only when you apply for credit after bankruptcy will you know the full detrimental effect.
What effect will a five year old bankruptcy have on getting bonded that requires a credit check?
What effect will a five year old bankruptcy have on getting bonded that requires a credit check?
How could it also hurt YOU if you declared bankruptcy?
Negative effect on your credit, Property may be affected, Not all debts can be eliminated, adverse effect on your financial situation, influence the status of your security clearance if you don't inform your employer about your bankruptcy and why you've filed for bankruptcy, can also limit future job opportunities depending on the field of work you are in, you may not qualify for new credit, Not all retirement plans are protected.
If a credit card company sues you can you file bankruptcy?
Thier actions, or lack, do not effect your ability to file for bankruptcy.
How does bankruptcy effect your credit score?
First off once you file bankruptcy you cannot do it again for 7 years. Bankruptcy stays on your credit report for 10 years. Rather to try to describe what the different types of bankruptcy will do to your credit click the link for more information.
If you filed for chapter 7 bankruptcy in 2002 how long does it stay on your credit report in California?
Filing for bankruptcy can have a lasting effect on your credit and that can cause some difficulties in getting any type of credit. Unfortunately, bankruptcy stays on your credit report for 7-10 years, after which time it is on your to work to get credit back!
If I file bankruptcy on my credit cards only how much does it effect my credit?
You probably won't be able to get credit for the next seven years.
Does bankrumpcy for premarital debt affect my husbands credit?
Yes, if your husband has a bankruptcy before he got married it will still effect his credit.
How will a short sale effect your credit score?
A short sale will effect your credit score in a negative way. Your credit score will stay on your credit report for some years.
