@0REDSOX7 wrote:
Today, February 11th, is the two year discharge date of my Ch. 7 No-Asset case.
Thanks to all of you for your help and advice and answering of my questions. My current scores are 709, 717 and 704. My wife's are slightly higher because she had fewer accts IIB than I did.
Combined, my wife and I are sitting at over 40K in available credit with all bills being PIF each month. My score actually is higher when I let about 1K report to the CBs each month, then everything being zero. We actually have a savings account with money in it, 529 plans for the kids and are both contributing to our 401K again.
Today, too, we are going to be applying for a new mortgage today. Our current home was IIB, not reaffirmed, but we have been making payments on it and are about 18K in the positive - so we will be listing it within a month.
Just wanted to say to all of you struggling with this decision that there is life after BK. I followed SoulMaster's plan as close as I could, outside of some minor changes to accommodate my situation, and it worked - and am in a better place now than I have ever been.
Congrats! And thanks for sharing your story. I will be 2 years out this July. It seems as though, from what I've read on these forums, 2 years is a milestone of some sorts, in terms of scores increasing and the types of things you can qualify for again, PROVIDED you have been responsible since filing.
I filed CH 7 to get rid of a lot of CC debt that I had incurred when I lost my job back in 2008. It took a long time for me to decide to finally file. My husband did not want to file jointly, as most of the debts were mine, which also stalled the proces. When I first was discharged I could have kicked myself for not doing so sooner and freeing myself from the headaches. But of course, on the other hand, it isn't easy to bounce back initially and being so limited got frustrating, but I am definitely in a better place now, and things are only getting better.
Again - thanks for sharing your story! Best of luck to you!!
