For Bankruptcy Lawyers

Did you ever wonder why certain items appear on your credit report?  The answer lies in a federal statute, 15 U.S.C. 1681c.  A consumer reporting agency may not make a report that includes the following items:

“(1) Cases under title 11 or under the Bankruptcy Act that, from the date of entry of the order for relief or the date of adjudication, as the case may be, antedate the report by more than 10 years.

Changes to four official bankruptcy forms went into effect December 1, 2012.