Leonardo filed for chapter 7 bankruptcy when he was 35 years old. how old will he be when the bankruptcy is removed from his credit report?

He will be 45 years old when the bankruptcy is removed from his credit report.

Explanation:

Chapter 7 bankruptcy is the easiest way of bankruptcy that people can file when they have problems to cover their debts. In this, the court assigns a trustee who will take the assets you have, will sell them and distribute the money among the creditors. Also, people that want to file this type of bankuptcy have to get counseling. One of the disadvantages of this, is that it wil stay in your credit report for 10 years. Because of that, Leonardo will be 45 when the bankruptcy is removed from his credit report.

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