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How should CB be reporting accounts

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teddingt
Regular Contributor

How should CB be reporting accounts

How should accounts report after discharge?  0 balance IIB and closed?  I am looking at my CB from my 3B account and I am just not sure what it should look like. 

thanks

re bk
EQ 572 TU 540 EXP 545
Current
EQ 598 TU 556 EXP 557
Discharge
09.16.2016

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nykos5000
Regular Contributor

Re: How should CB be reporting accounts


@teddingt wrote:

How should accounts report after discharge?  0 balance IIB and closed?  I am looking at my CB from my 3B account and I am just not sure what it should look like. 

thanks


Yes, all your TL should report 0 balance and IIB under the notes. It may also say closed - derogatory as being closed due to bankruptcy is a derogatory mark in itself. As long as it is reporting a 0 zero balance, you're good to go. 

BK7 08/2016 | DC 12/2016

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