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Member
Posts: 6
Registered: ‎10-20-2012
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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
Community Leader
Senior Contributor
Posts: 3,062
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
725 EQ FICO 08/2015
730 TU FICO 08/2015
729 EX FICO 08/2015
$14k NFCU Platinum | $25k NFCU cashRewards Sig | $15k NavChek | $9k Barclay Arrival WEMC | $5.4k Cap1 Quicksilver | $6k Amazon Store | $11k Cap1 VentureOne | $5k Barclay US Airways | $500 Chase Freedom
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Community Leader
Senior Contributor
Posts: 3,062
Registered: ‎07-12-2012
0

Re: Question about procedure and baddies

Anyone out there?? Smiley Happy

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
725 EQ FICO 08/2015
730 TU FICO 08/2015
729 EX FICO 08/2015
$14k NFCU Platinum | $25k NFCU cashRewards Sig | $15k NavChek | $9k Barclay Arrival WEMC | $5.4k Cap1 Quicksilver | $6k Amazon Store | $11k Cap1 VentureOne | $5k Barclay US Airways | $500 Chase Freedom
Valued Contributor
Posts: 1,063
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
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