Question

Lawrence filed for Chapter 7 bankruptcy when he was 40 years old. How old will he be when the bankruptcy is removed from his credit report?

Answer 1

He will be 50.

Explanation:

In Chapter 7 bankruptcy, none of the debt is repaid. Because of this, it stays on your credit report for 10 years, instead of the 7 years that Chapter 13 bankruptcy stays on your report.

Answer 2

50 years old is the answer in apex