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There is a common incorrect belief that your credit drops between 150-200 points in bankruptcy. This change to people if your credit is 750-800 when you file. Credit reports list a history of your finances. Learn how to request credit reports, what information they include, and how lenders and other organizations may As a result, bankruptcy can have a drastic impact on your credit score. What's more, a Chapter 7 bankruptcy can stay on your credit report

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