Credit Cards Center Credit cards from our partners
Reply
Community Leader
Valued Contributor
Posts: 2,442
Registered: ‎11-29-2012
0

Re: BK Fall Off Date???


GST2008 wrote:

My BK just fell off the last of my three reports today!  It's been 10 long years, but I am now officially BK free!!!!! Smiley Happy


CONGRATS!


Starting Score: 11/29/12 TU 527; EQ 565; EX 564 fako - bk7 dc'd 2/15/13
Current Score: 1/22/15 TU 645; EQ 605; EX 633 New goal 675
Cap1 sec $1k (SD) / Fingerhut $2k / Flagship $12k / cashRewards $12k / NavChek $15k / Amazon $2k / Von Maur $1k / Firestone $2.2k / BCU $3k / NFL $1k / QS1 $750 / Target $400 / PPSC $800 / Conoco $700 (last app 09/29/14)
New Member
Posts: 4
Registered: ‎04-19-2013
0

Re: BK Fall Off Date???

Hi all!

 

So when your bankruptcy falls off your score jumps pretty drastically?

 

Is there any way of knowing how much it could jump?

 

Mine falls off October 2016 Smiley Sad

 

That will be 3 LONG years!!!


Starting Score: 589
Current Score: 589 TransUnion 04/18/2013 Equifax 571 04/23/2013
Goal Score: 700


Take the myFICO Fitness Challenge

Community Leader
Valued Contributor
Posts: 2,442
Registered: ‎11-29-2012
0

Re: BK Fall Off Date???

There's no way to tell because it depends on what else is in your report.


Starting Score: 11/29/12 TU 527; EQ 565; EX 564 fako - bk7 dc'd 2/15/13
Current Score: 1/22/15 TU 645; EQ 605; EX 633 New goal 675
Cap1 sec $1k (SD) / Fingerhut $2k / Flagship $12k / cashRewards $12k / NavChek $15k / Amazon $2k / Von Maur $1k / Firestone $2.2k / BCU $3k / NFL $1k / QS1 $750 / Target $400 / PPSC $800 / Conoco $700 (last app 09/29/14)
Regular Contributor
Posts: 198
Registered: ‎03-02-2012
0

Re: BK Fall Off Date???

I'm expecting mines to fall off EQ in a week-May 1. I can hardly contain my excitement. 10 long years.....a bottle of champagne to celebrate is in order!!!!

Starting EQ Fico: 536 (3/12)
Current EQ Fico: 649 (9/13)-lender pull
TU Fico: 684 (8/13) 711-lender pull 9/13
EX Fico: 646 (8/13) 655-lender pull 9/13
New Visitor
Posts: 2
Registered: ‎05-03-2013
0

Re: BK Fall Off Date???

Does the fall off date vary by state?  I was under the impression it was 7 years... if it really 10? I just passed the 7 year mark earlier this year...haven't ordered new reports yet, so I'm not sure if it's gone or not.  I'm gonna be SEVERELY bummed if it's 10 when I was told 7 before Smiley Sad

Senior Contributor
Posts: 3,930
Registered: ‎10-26-2012
0

Re: BK Fall Off Date???

Chapter 7 remains for 10 yrs from date filed. All accounts included in the chapter 7 will be removed from your credit reports at the 7 yr mark. 

Chapter 13 remains only for 7 yrs.

New Visitor
Posts: 2
Registered: ‎05-03-2013
0

Re: BK Fall Off Date???

So that sounds like (since it was a 7) that the negative score impact will remain for 3 more years even though the "detail" of the accounts involved is now gone. Is that correct?

Established Contributor
Posts: 777
Registered: ‎01-10-2011
0

Re: BK Fall Off Date???

Don't get your hpopes up for score increases.. it really is a YMMV thing.. some have had score jump, other scores have fallen and for me 2 out the 3 so far no score change at all.

br>

-id/2760iB9166C1A493A3CBC" title="Seedling Garden Club Member" border="0" width="50" height="67" align="right">

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.