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mamabiscuits
Posts: 2
Registered: ‎01-25-2011
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FICO score after bankruptcy removal

[ Edited ]

Has anyone had a Chapter 7 bankruptcy removed from their credit report (after the 10 year wait of course)? If so, how many points did your FICO score increase, if any. I've heard that it could increase anywhere from 50-150 points. Just curious. Thanks.

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llecs
Posts: 32,869
Registered: ‎08-04-2007
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Re: FICO score after bankruptcy removal

It's a YMMV-thing. It'll vary from person to person. If that's the last baddie remaining, expect a nice gain. I've even seen triple-digit gains with those who have no other baddies and have a long history.

New Member
mamabiscuits
Posts: 2
Registered: ‎01-25-2011
0

Re: FICO score after bankruptcy removal

Wonderful! Up is better than down. If I gain 50 points that will be just fine (currently at 669). I do have a couple of baddies remaining but they will be removed by 2015. My Chapter 7 will be removed June 2012. Thanks for the response.


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