write-offn. Accounting.
## A cancellation of an item in account books. # The amount canceled or lost. A reduction or depreciation of the entered value of an item.
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If it is your bankruptcy, the only thing you can do is wait. Chapter 7 is on there for 10 years, and Chapter 13 is on there for 7 years.
If it is someone else's bankruptcy and it's on your credit...