topic Re: Mortgage that was IIB? in Rebuilding Your Credit

Mortgage that was IIB?

fuzzybean — Thu, 11 Oct 2012 22:14:05 GMT

Should a mortgage that was included in bankruptcy be showing under negative accounts on the credit report?

And, are they supposed to be reporting the lates in with it? I thought that wasn't allowed.

Re: Mortgage that was IIB?

AndySoCal — Fri, 12 Oct 2012 01:53:57 GMT

A bankruptcy is considered a mjor derogatory. Are the lates prior to the BK and which bureau(s) are reporting it?

Re: Mortgage that was IIB?

fuzzybean — Fri, 12 Oct 2012 01:59:32 GMT

AndySoCal wrote:
A bankruptcy is considered a mjor derogatory. Are the lates prior to the BK and which bureau(s) are reporting it?

I understand the impact of the BK. Yes, the lates are prior to BK.

Re: Mortgage that was IIB?

Shogun — Fri, 12 Oct 2012 02:05:41 GMT

Then I believe that it is reporting correctly. When was the bk?

Re: Mortgage that was IIB?

fuzzybean — Fri, 12 Oct 2012 02:54:02 GMT

Shogun wrote:
Then I believe that it is reporting correctly. When was the bk?

I thought things included in BK weren't supposed to show payment history. BK discharge was 12/2007.

Re: Mortgage that was IIB?

fuzzybean — Fri, 12 Oct 2012 18:43:28 GMT

Does anyone know the answer to this?

Should a mortgage IIB be showing under negative accounts with the late payments (well all the payment history) showing?

Re: Mortgage that was IIB?

AndySoCal — Wed, 17 Oct 2012 04:16:34 GMT

I know of no of nothing that prevents a creditor from reporting lates on a BK account. Since they wer prior to the BK I do not see a problem If it was during the BK I would have an problem withat because the court is in control of the payments and not you. The lates reporting must 5+ years old approximately. even if they were not reported I am not usre how much impact it would have on your score.