If you have declared personal bankruptcy,then this fact may be reported by credit bureaus for ________ years.
A)5
B)10
C)15
D)20
E)25

Question

Quizplus · Accepted Answer

The fact that you have declared personal bankruptcy can be reported by credit bureaus for 10 years. This is a standard practice to inform potential lenders of the risk associated with lending to an individual who has a history of bankruptcy.

If You Have Declared Personal Bankruptcy,then This Fact May Be