Reply
Member
tertleman72
Posts: 6
Registered: ‎10-20-2012
0

Question about procedure and baddies

So I have a discharged ch7 this year. Chase bank had previously sold my debt log before filling. I still listed them plus the CA in my schedule 7, and next to them in the comment it says "correspondence re bankruptcy". Well looking at my credit reports I see that chase is still listing as a charge off bad debt. I recently disputed this with EQ thinking it'd be an easy fix. Wrong. The CRA came back saying Chase verified with them the reporting is correct. That was an online dispute. Are they correct? I thought even if it was in collection the original creditor had to list it as IIB? These two chase accounts are the only "baddies" left on my report after discharge and I feel like they are having a major ding in my scores. Do I have a legit reason to dispute again by mail with my BK papers sent to the CRA? I'd try chase but I have seen on here how horrible they are with people. So do I have a shot or am I stuck waiting for it to fall off?
EQ 547 -10/12
EX 502- 10/12

Ch7 Discharge 7/12
(9/12)Cap1 PlatinumMC-$300, (10/12)Cap1 Cash Reward-$500
Valued Contributor
Scupra
Posts: 1,224
Registered: ‎07-12-2012
0

Re: Question about procedure and baddies

Really good question because I am in the same position. I just recently submitted online disputes for those types of accounts as well. Anybody want to shed some light please?

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
688 EQ FICO 08/2014
678 TU FICO 08/2014
682 EX FICO 04/2014
$7k NFCU Flagship Sig - $8.5k NFCU cashRewards Sig - $15k NavChek - $2k Cap1 Quicksilver - $6k Barclays Arrival +
Valued Contributor
Scupra
Posts: 1,224
Registered: ‎07-12-2012
0

Re: Question about procedure and baddies

Anyone out there?? :smileyhappy:

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
688 EQ FICO 08/2014
678 TU FICO 08/2014
682 EX FICO 04/2014
$7k NFCU Flagship Sig - $8.5k NFCU cashRewards Sig - $15k NavChek - $2k Cap1 Quicksilver - $6k Barclays Arrival +
Valued Contributor
chasmith
Posts: 1,062
Registered: ‎05-26-2010
0

Re: Question about procedure and baddies

Disputes can go through a totally automated system where chase just rote verifies.

 

It takes time, but at this point I would do an MOV letter to the CRA.  Include the BK paperwork.

 

If the CRA still verifies then a 623 letter to Chase.

 

This has to be zero balance, IIB, dated no later than your discharge.

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
Take the FICO Fitness Challenge

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+