http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/BK-Pending-to-Discharge-How-does-it-affect-my-credit-score/m-p/1604808#M66408 <p>In my opinion, it might go down.</p><p> </p><p>I dont believe reporting of a pending BK proceeding is scored by FICO as an actual BK, as it has not yet been adjudicated, and thus is not a final BK decree.</p><p> </p><p>The date for CR exclusion of a BK is based on &quot;the date of entry of the order for relief or of adjudication, as the case may be.&quot;  FCRA 605(a)(1).</p><p>The period, depending upon its type, is 7 or 10 years from that date.</p><p> </p><p>I would suspect that once ajudicated, it would then count as a BK adverse item for scoring, with its exclusion date based on the adjudication date.</p> Sun, 23 Sep 2012 19:25:55 GMT RobertEG 2012-09-23T19:25:55Z http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/BK-Pending-to-Discharge-How-does-it-affect-my-credit-score/m-p/1598294#M66398 <p>For some reason on of the CRA was still showing our BK as pending when it had been dishcharged 12/05.  Now that it correctly reflects the discharge, will my credit score go up? </p> Wed, 19 Sep 2012 10:36:26 GMT http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/BK-Pending-to-Discharge-How-does-it-affect-my-credit-score/m-p/1598294#M66398 fuzzybean 2012-09-19T10:36:26Z http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/BK-Pending-to-Discharge-How-does-it-affect-my-credit-score/m-p/1604808#M66408 <p>In my opinion, it might go down.</p><p> </p><p>I dont believe reporting of a pending BK proceeding is scored by FICO as an actual BK, as it has not yet been adjudicated, and thus is not a final BK decree.</p><p> </p><p>The date for CR exclusion of a BK is based on &quot;the date of entry of the order for relief or of adjudication, as the case may be.&quot;  FCRA 605(a)(1).</p><p>The period, depending upon its type, is 7 or 10 years from that date.</p><p> </p><p>I would suspect that once ajudicated, it would then count as a BK adverse item for scoring, with its exclusion date based on the adjudication date.</p> Sun, 23 Sep 2012 19:25:55 GMT http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/BK-Pending-to-Discharge-How-does-it-affect-my-credit-score/m-p/1604808#M66408 RobertEG 2012-09-23T19:25:55Z