If an individual has been relieved of responsibility of repaying his or her creditors through the bankruptcy process,how long will the bankruptcy remain on the record if it is the individual's first?

Question

Quizplus · Accepted Answer

In the United Kingdom, bankruptcy records are kept on the Insolvency Register for a period of 6 years. This means that the bankruptcy will be visible to lenders and other interested parties for that period of time. After 6 years, the bankruptcy is removed from the Insolvency Register and will no longer appear on credit reports.

If an Individual Has Been Relieved of Responsibility of Repaying