A lot of people ask, “How long does a bankruptcy filing stay on their credit record?” The technical answer is 10 years. But the real effect is about two years after you receive your discharge, you can get a mortgage. Within a couple of months of receiving your discharge, you will be offered more credit. In many cases, we have delivered a copy of a discharge letter to a car lender, so that a borrower can get a new car. The real impact is very little impact on your credit and for houses about two years.