Credit Card Center Advertiser Disclosure

Posts: 11
Registered: ‎10-30-2010
0 Kudos

Credit report question

My Chapter 7 bankruptcy was discharged in 2009 and didn't  keep my house (I moved out at that time).  I just checked my credit report and my loan has been transferred to Ocwen.  My credit report says discharged in chapter 7 bankruptcy but in the comments section it says forclosure proceedings started.  Can this be reported this way??? 



And yes after the 3 years they have never foreclosed. 

Regular Contributor
Posts: 230
Registered: ‎09-22-2012
0 Kudos


If foreclosure proceedings were not started, then no, they cannot report that. You would have been notified if that was the case. Did you file a change of address when you moved? What became of the home? OWCEN is awful, I had an account with Litton that was paid off when we sold our house. Somehow, our paid off loan was transferred post BL to them, and even though I never once had OWCEN as a loan company, they still report 2 negatives on my credit. I have thought about sueing them, as I have even wrote letters directly to them with no reply. And they validate every dispute. They are hopeless. 

Starting Score: EQ 416 TU 498 EX 468 Lender Fico's July 2012
Current Score: EQ 674 TU 679 Ex 686 EX
Goal Score: For now: 640s

Take the FICO Fitness Challenge

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.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

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

IMPORTANT INFORMATION: All FICO® Score products made available on 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.