Accounts included in bankruptcy

lacecop98 · ‎06-18-2009

I know a bankruptcy stays for 10yrs but the accounts that are included in it will fall off sooner....will that make my score go up at all??

Tuscani · ‎07-09-2009

Bankruptcy: Chapters 7, 11, and 12 remain for 10 years from the filing date. Chapter 13 remains seven years from the filing date. Accounts included in bankruptcy will remain seven years from the date they were reported as included in the bankruptcy.

Anonymous · ‎07-10-2009

I had to share my experience w/ you:

Filed chap7 in 2002 (DC 2003), things started to slowly fall off last last year.

ALL my accts in BK have fallen off except the actual judgement itself.....my scores went up between 40-50 pts when that happened......

Good Luck and nooooo lates!!! That's super important......it will only get better from there...

jennordy · ‎07-10-2009

All of my accounts that are IIB are scheduled to fall off 7 years after the DOFD, not the date they were reported IIB. So the accounts will be long gone by the time the BK itself falls off.

FICO® 8 Scores: 10/16: TU 592 -- EQ 579 -- EX 573; 11/16: TU 626 -- EQ 614 -- EX 605; 12/16: TU 606 -- EQ 589 -- EX 594
FICO® Mortgage Scores: 10/16: TU 588 -- EQ 567 -- EX 566
10/16: Negatives: 10 charge-offs; 7 collections (one "closed"); 1 Ch. 7 BK (filed 12/2008)
Positives: 2 Cap1s; Nordstrom; 4 Comenity store cards; Amazon store card, Care Credit, 76 gas card, and F21 Visa; 2 student loans