If you file for Chapter 7 or 11, it will remain on your credit report for up to 10 years. If you file for Chapter 13, it may stay on your report for up to seven years. A Chapter 11 bankruptcy will stay on the business's credit report, not the individual owner's, unless they file a personal bankruptcy.
Answer:Purchasing power in todayâs dollars = $289,287/1.02536 = $118,924. 4) You plan to save $7,000 each of the next 40 years, and invest that money in an account that pays 9% annual interest. In addition, you plan to pay for your childâs college education beginning in 20 years.
1 U.S. Savings Bonds: Convert them to electronic bonds at the U.S.Treasury or keep them in a safe-deposit box, with a list of serial numbers at home.  Cancelled checks: Keep for one year in most cases. Discard checks,check registers, check statements and credit-card statements after a year.