10 years from the discharge date.

10 Years is the cutoff point. Some major creditors such as home creditors may only go back 7 years for home purchase approval. The differences in bankruptcy outside of business is: filing chapter 7 or 13 Bankruptcy. If you are not able to pay anything at all the option for you would be chapter 7. Most individuals who choose 13 over 7 intend to pay back what is owed under new guidelines established with each individual creditor. As far as mortgage is concerned, you may want to look into filing chapter 13. Regardless, you will need to qualify before you’re actually able to file. If you are found qualified for either one, you may find yourself having to sell off assets in order to pay creditors any amount which may be owed to them before the court may close your credit accounts. With chapter 7 your credit accounts may be wiped out however so is your credit buying ability for the next 7 to 10 years. This means if you intend to refinance, you will not qualify. If you file bankruptcy, you stand to lose "anything" which may be sold off to pay your debts. In most cases, the court hearing the bankruptcy case will decide upon this. The attorney taking care of your case may be able to keep your home for you given that you cannot sell it off because there is little to no equity build up. Keep in mind that if you do choose to file and are found qualified, you have the option to continue filing in another 8 years, however, obtaining insurance, purchasing a vehicle, and many other factors are all related to your credit rating. You may always request a free credit report online.