--- title: "Meaning & Key Takeaway of: Bankrupsy stays on your record for…" description: "\"Bankrupsy stays on your record for 7-10yrs. That gives you an idea how long it takes to rebuild trust.\" — Jeffrey Gitomer" image: "https://sms4smile.com/quotes/i/22d/jeffrey-gitomer-2442_giving_bankrupsy-stays-on-your-record-for-7-10y_1783653.png" --- # Bankrupsy stays on your record for 7-10yrs. That gives you… ![“Bankrupsy stays on your record for 7-10yrs. That gives you an idea how long it takes to rebuild trust.” quote by Jeffrey Gitomer](https://sms4smile.com/quotes/i/22d/jeffrey-gitomer-2442_giving_bankrupsy-stays-on-your-record-for-7-10y_1783653.png) [Download](https://sms4smile.com/quotes/i/22d/jeffrey-gitomer-2442_giving_bankrupsy-stays-on-your-record-for-7-10y_1783653.png) [Open image](https://sms4smile.com/quotes/i/22d/jeffrey-gitomer-2442_giving_bankrupsy-stays-on-your-record-for-7-10y_1783653.png) > “Bankrupsy stays on your record for 7-10yrs. That gives you an idea how long it takes to rebuild trust.” [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Bankruptcy remains on a credit report for seven to ten years, indicating how long rebuilding trust takes. **In simple terms:** Bankruptcy stays on record for 7‑10 years, showing trust rebuilding time. Key Takeaway Patience and consistent financial responsibility are needed. Themes finance trust recovery Mood cautious reflective Type advice financial When to use this quote - applying for loans - seeking employment - personal budgeting - financial counseling Key Concepts credit reputation time Questions to Reflect On - How can you demonstrate reliability during this period? - What steps accelerate trust restoration? A Different Perspective Credit scores may improve before the full period ends. ★ ★ ★ ★ ★ No ratings yet [Giving](https://sms4smile.com/quotes/about/giving/) [Ideas](https://sms4smile.com/quotes/about/ideas/) [Trust](https://sms4smile.com/quotes/about/trust/) ## Related quotes > [Its easy to forgive the mistakes from others. But its hard to rebuild the trust.](https://sms4smile.com/quotes/ritu-ghatourey/its-easy-to-forgive-the-mistakes-from-others-but-its-hard-to-rebuild/) [Ritu Ghatourey](https://sms4smile.com/quotes/author/ritu-ghatourey/) > [I think the industry finally gets it. They've lost the connection with the American public, and they've got to rebuild the trust with the…](https://sms4smile.com/quotes/billy-tauzin/i-think-the-industry-finally-gets-it-they-ve-lost-the-connection-with/) [Billy Tauzin](https://sms4smile.com/quotes/author/billy-tauzin/) > [I think more than any point in history... part of the job of the White House press secretary is to rebuild trust with the…](https://sms4smile.com/quotes/jen-psaki/i-think-more-than-any-point-in-history-part-of-the-job-of-the-white/) [Jen Psaki](https://sms4smile.com/quotes/author/jen-psaki/) > [It takes time to rebuild trust, and friendship is something that involves work and nurturing.](https://sms4smile.com/quotes/stassi-schroeder/it-takes-time-to-rebuild-trust-and-friendship-is-something-that/) [Stassi Schroeder](https://sms4smile.com/quotes/author/stassi-schroeder/) > [“It takes a lot more effort to rebuild trust than to establish it from the start.”](https://sms4smile.com/quotes/frank-sonnenberg/it-takes-a-lot-more-effort-to-rebuild-trust-than-to-establish-it-from/) [Frank Sonnenberg](https://sms4smile.com/quotes/author/frank-sonnenberg/) > [At a time when we must seek to rebuild trust between law enforcement and the local community, I am deeply concerned that the deployment…](https://sms4smile.com/quotes/eric-holder/at-a-time-when-we-must-seek-to-rebuild-trust-between-law-enforcement/) [Eric Holder](https://sms4smile.com/quotes/author/eric-holder/) > [Forgiveness does not come easily to us, especially when someone we have trusted betrays our trust. And yet if we do not learn to…](https://sms4smile.com/quotes/billy-graham/forgiveness-does-not-come-easily-to-us-especially-when-someone-we/) [Billy Graham](https://sms4smile.com/quotes/author/billy-graham/) > [We will need to work hard to break the cynicism, talk straight and rebuild trust in politics.](https://sms4smile.com/quotes/hilary-benn/we-will-need-to-work-hard-to-break-the-cynicism-talk-straight-and/) [Hilary Benn](https://sms4smile.com/quotes/author/hilary-benn/) > [“Work hard to build or rebuild trust. With it, you can fulfill the greatest dreams. Without it, you’ll crush people’s spirits.”](https://sms4smile.com/quotes/samuel-chand/work-hard-to-build-or-rebuild-trust-with-it-you-can-fulfill-the/) Samuel Chand > [There are definite reference points to older Depeche Mode records.](https://sms4smile.com/quotes/martin-gore/there-are-definite-reference-points-to-older-depeche-mode-records/) [Martin Gore](https://sms4smile.com/quotes/author/martin-gore/) > [I think I've had the longest career of strength, focus, and still being able to sell records. I think I'm that guy. I'm still…](https://sms4smile.com/quotes/nas/i-think-i-ve-had-the-longest-career-of-strength-focus-and-still-being/) [Nas](https://sms4smile.com/quotes/author/nas/) > [In the '80s, the way radio was programmed, if you didn't have a hit record you weren't going to be able to make any…](https://sms4smile.com/quotes/huey-lewis/in-the-80s-the-way-radio-was-programmed-if-you-didn-t-have-a-hit/) [Huey Lewis](https://sms4smile.com/quotes/author/huey-lewis/) > [You, of Canada, are building a magnificent record of achievement. My country rejoices in it.](https://sms4smile.com/quotes/dwight-d-eisenhower/you-of-canada-are-building-a-magnificent-record-of-achievement-my/) [Dwight D. Eisenhower](https://sms4smile.com/quotes/author/dwight-d-eisenhower/) > [People don't always realize that a record is forever. It'll always be there under your name. You've got to be certain that it's right.](https://sms4smile.com/quotes/frank-iero/people-don-t-always-realize-that-a-record-is-forever-it-ll-always-be/) [Frank Iero](https://sms4smile.com/quotes/author/frank-iero/) > [The history of mankind interests us only as it exhibits a steady gain of truth and right, in the incessant conflict which it records…](https://sms4smile.com/quotes/ralph-waldo-emerson/the-history-of-mankind-interests-us-only-as-it-exhibits-a-steady-gain/) [Ralph Waldo Emerson](https://sms4smile.com/quotes/author/ralph-waldo-emerson/) ## More by Jeffrey Gitomer > [If you look deep inside trust, you'll find truth.](https://sms4smile.com/quotes/jeffrey-gitomer/if-you-look-deep-inside-trust-you-ll-find-truth/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [The more a prospective customer clicks on you and your stuff, the easier it is for them to make a buying decision in your…](https://sms4smile.com/quotes/jeffrey-gitomer/the-more-a-prospective-customer-clicks-on-you-and-your-stuff-the/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [If you want to be the best salesperson, first you must be the best person.](https://sms4smile.com/quotes/jeffrey-gitomer/if-you-want-to-be-the-best-salesperson-first-you-must-be-the-best/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [Most salespeople are half prepared. They know everything about their company and their product. They know nothing about their prospect.](https://sms4smile.com/quotes/jeffrey-gitomer/most-salespeople-are-half-prepared-they-know-everything-about-their/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [Use your CRM to retain customers.](https://sms4smile.com/quotes/jeffrey-gitomer/use-your-crm-to-retain-customers/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [What is a positive attitude? The simple definition is the way you dedicate yourself to the way you think. Interestingly, it's also the definition…](https://sms4smile.com/quotes/jeffrey-gitomer/what-is-a-positive-attitude-the-simple-definition-is-the-way-you/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [The love of what you do, combined with your belief in what you do, will not determine your success. It will determine how hard…](https://sms4smile.com/quotes/jeffrey-gitomer/the-love-of-what-you-do-combined-with-your-belief-in-what-you-do-will/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [In business, your positive thoughts and lifestyle choices lead to your personal success and your career success.](https://sms4smile.com/quotes/jeffrey-gitomer/in-business-your-positive-thoughts-and-lifestyle-choices-lead-to-your/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [Take action every day - some small dose at a time.](https://sms4smile.com/quotes/jeffrey-gitomer/take-action-every-day-some-small-dose-at-a-time/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [The reason Trust is requested is because the person seeking Trust realizes that Trust is the key to Yes.](https://sms4smile.com/quotes/jeffrey-gitomer/the-reason-trust-is-requested-is-because-the-person-seeking-trust/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [Being honest when you're dealing with others is easier to do because your honesty is on the table for all to view...Being honest with…](https://sms4smile.com/quotes/jeffrey-gitomer/being-honest-when-you-re-dealing-with-others-is-easier-to-do-because/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [Biggest question: Isn't it really 'customer helping' rather than customer service? And wouldn't you deliver better service if you thought of it that way?](https://sms4smile.com/quotes/jeffrey-gitomer/biggest-question-isn-t-it-really-customer-helping-rather-than/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [Sell yourself before you try to sell your company or your product.](https://sms4smile.com/quotes/jeffrey-gitomer/sell-yourself-before-you-try-to-sell-your-company-or-your-product/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [There's no lotion or potion that will make sales faster and easier for you - unless your potion is hard work.](https://sms4smile.com/quotes/jeffrey-gitomer/there-s-no-lotion-or-potion-that-will-make-sales-faster-and-easier/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) > [Trust is not a request, Trust is earned.](https://sms4smile.com/quotes/jeffrey-gitomer/trust-is-not-a-request-trust-is-earned/) [Jeffrey Gitomer](https://sms4smile.com/quotes/author/jeffrey-gitomer/) [Explore all 166 Jeffrey Gitomer quotes ](https://sms4smile.com/quotes/author/jeffrey-gitomer/) ## More Giving quotes > [Only within yourself exists the other reality for which you long. I can give you nothing that has not already its being within yourself.…](https://sms4smile.com/quotes/hermann-hesse/only-within-yourself-exists-the-other-reality-for-which-you-long-i/) [Hermann Hesse](https://sms4smile.com/quotes/author/hermann-hesse/) > [The only people who think the Internet is a calamity are people whose lives have been hurt by it; the only people who insist…](https://sms4smile.com/quotes/chuck-klosterman/the-only-people-who-think-the-internet-is-a-calamity-are-people-whose/) [Chuck Klosterman](https://sms4smile.com/quotes/author/chuck-klosterman/) > [True works of art contain their own theory and give us the measurement according to which we should judge them.](https://sms4smile.com/quotes/johann-wolfgang-von-goethe/true-works-of-art-contain-their-own-theory-and-give-us-the/) [Johann Wolfgang von Goethe](https://sms4smile.com/quotes/author/johann-wolfgang-von-goethe/) > [Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.](https://sms4smile.com/quotes/alan-greenspan/crony-capitalism-is-essentially-a-condition-in-which-public-officials/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [Some people give you that motivation to work harder simply to get the hell away from wherever they are.](https://sms4smile.com/quotes/dane-cook/some-people-give-you-that-motivation-to-work-harder-simply-to-get-the/) [Dane Cook](https://sms4smile.com/quotes/author/dane-cook/) > [You've touched people and known it. You've touched people and never may know it. Either way, you have something to give. It is in…](https://sms4smile.com/quotes/laura-schlessinger/you-ve-touched-people-and-known-it-you-ve-touched-people-and-never/) [Laura Schlessinger](https://sms4smile.com/quotes/author/laura-schlessinger/) > [I understand that it's the music that keeps me alive... That's my lifeblood. And to give that up for, like, the TV, the cars,…](https://sms4smile.com/quotes/bruce-springsteen/i-understand-that-it-s-the-music-that-keeps-me-alive-that-s-my/) [Bruce Springsteen](https://sms4smile.com/quotes/author/bruce-springsteen/) > [I received a beautiful welcome to the world of music. I want to give something back to the younger generation.](https://sms4smile.com/quotes/luciano-pavarotti/i-received-a-beautiful-welcome-to-the-world-of-music-i-want-to-give/) [Luciano Pavarotti](https://sms4smile.com/quotes/author/luciano-pavarotti/) > [Eternal Trinity... mystery deep as the sea, You could give me no greater gift than the gift of Yourself. For You are a fire…](https://sms4smile.com/quotes/st-catherine-of-siena/eternal-trinity-mystery-deep-as-the-sea-you-could-give-me-no-greater/) [St. Catherine of Siena](https://sms4smile.com/quotes/author/st-catherine-of-siena/) > [Faith gives you a certain structure and meaning to your life.](https://sms4smile.com/quotes/riffat-hassan/faith-gives-you-a-certain-structure-and-meaning-to-your-life/) Riffat Hassan > [Grandma, please. It’s okay. Dad’s doing a great job. I give him kudos for at least being calm and rational, and not losing his…](https://sms4smile.com/quotes/sherrilyn-kenyon/grandma-please-it-s-okay-dad-s-doing-a-great-job-i-give-him-kudos-for/) [Sherrilyn Kenyon](https://sms4smile.com/quotes/author/sherrilyn-kenyon/) > [Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is…](https://sms4smile.com/quotes/peter-schiff/most-paper-money-initially-existed-as-a-substitute-for-gold-that-s/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Practically all animals which move fast in a homogeneous medium have found means of giving their body a streamlined shape, thereby reducing friction to…](https://sms4smile.com/quotes/konrad-lorenz/practically-all-animals-which-move-fast-in-a-homogeneous-medium-have/) [Konrad Lorenz](https://sms4smile.com/quotes/author/konrad-lorenz/) > [Give me strength to walk the soft earth, a relative to all that is.](https://sms4smile.com/quotes/black-elk/give-me-strength-to-walk-the-soft-earth-a-relative-to-all-that-is/) [Black Elk](https://sms4smile.com/quotes/author/black-elk/) > [I don't think my relationship with the idea of womanhood is that attached to giving birth... like, I'm fully aware that I'll never give…](https://sms4smile.com/quotes/patti-harrison/i-don-t-think-my-relationship-with-the-idea-of-womanhood-is-that/) [Patti Harrison](https://sms4smile.com/quotes/author/patti-harrison/) [Browse all 39,303 Giving quotes ](https://sms4smile.com/quotes/about/giving/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Bankrupsy stays on your record for 7-10yrs. 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