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

Question

trapecia [35]

3 years ago

13

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

dit report?

Mathematics

2 answers:

Verizon [17] · Answer 1 · 2022-05-24T20:34:21+03:00

Verizon [17]3 years ago

7 0

50 years old is the answer in apex

tankabanditka [31] · Answer 2 · 2022-05-24T22:11:23+03:00

tankabanditka [31]3 years ago

3 0

Answer:

He will be 50.

Step-by-step 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.