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do you have to disclose a bankruptcy when it is no longer on credit report

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dross1958

If it does not show on your credit report, as far as I am concerned, it is not anyone's business. Any type of loan check would only be able to access what is on your current credit report. If it does not show on your report, they can not use it .

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When people file for bankruptcy it is automatically put in the system for all lenders to see, this is why it is better for the borrower to be honest when filling out an application for any type of loan, the bankruptcy will show up in the system.
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Someone who has filed for bankruptcy in the past has a clean slate regarding deb, so if you are applying for some type of loan and are asked if you have ever filed bankruptcy, you should be honest because lenders will already have access to that information. You should not be discriminated against for having filed bankruptcy in the past. So it is better to be honest, lying would probably hurt your chances of securing a loan.

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You can find the best solutions for you at: http://WWW.CREDIT-SOLUTIONS.INFO

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