After 10 years from the date you filed bankruptcy, you’ve done your time, so to speak, and the notation will fall off your credit reports. But what if a lender asks if you’ve ever filed? Do you have to tell the truth?
With a credit card balance of $2,500, this reader’s minimum payment is only $75. Yet, as Erica Sandberg points out, paying only the minimum will end up costing her more than higher monthly payments would