Page 1 of 4. The other day on Twitter, I wrote that I was using my noise-canceling headphones because the wind was so loud. The wind in Reno is so loud that I'm using my noise canceling headphones to do the audio editing on my podcast today.
Details of a bankruptcy order in the UK will stay on your credit file for 6 years. 7 to 10 years depending on the state you live in. Most lenders will consider loans after 2 years. If information is still on you credit history after this time frame you need to dispute with all three major credit bureau agencies.
The largest credit bureau in Canada, Equifax, maintains this record on your credit report for a period from the date of your discharge or last payment: A first bankruptcy for six years from the date of your discharge. A second bankruptcy for 14 years. The TransUnion web site states that they keep a bankruptcy on your credit file for six to seven years from the date of discharge or fourteen years from the filing date (depending on provincial legislation). At this point the bankruptcy will leave the credit report and you will need to start to rebuild your credit. How long a consumer proposal stays on your credit report again depends on the credit bureau that is reporting. With Equifax, a consumer proposal is reported for three years after your last payment.