If you have fallen on some hard financial times, you may be looking into repairing your credit. Sometimes unfortunate circumstances follow that old cliché that “trouble comes in threes” and all three cause you to go under financially. Maybe you were laid off from your job, injured, or got involved in a business that went sour. If you have to declare bankruptcy, it can show up on your credit report for up to 10 years. However, it will bring your outstanding debt balances back to zero, and this may actually help your credit report.