Changes to the bankruptcy law focused on the rules for filing bankruptcy and what chapter a person could declare. The changes had no effect on credit reporting.

The Fair Credit Reporting Act (FCRA) specifies how long bankruptcy can remain on your credit report. The section governing bankruptcy reporting hasn’t been changed since the FCRA was enacted in 1971.

Bankruptcy can be reported for up to 10 years from the filing date. By policy, Experian reports Chapter 13 bankruptcy for seven years because it includes partial debt repayment. Chapter 7 bankruptcy remains for 10 years from the filing date because none of the debt is repaid.

The discharge date has no bearing on when information is deleted from the credit report.

Thanks for asking.