Score Increase after Chapter 13 or 7 is removed?

[medicgrrl]

Mine was a Chapter 13 which is why I'm close to having it removed. Because it's a repayment plan, the CRA's remove them at 7 years.

[workinmyplan]

Oh, got it! Thanks medicgrrl

[workinmyplan]

Thank you @ scupra 

[fixingmistakes2009]

Waiting patiently (not really) for that day as well!  Discharged Oct 2009!!!!

[Anonymous]

My Chapter 7 was due to come off end of July. I requested that it be removed early.
Experian removed it and my score with them went up from 671 to 721. It was the lowest of all three. The other two are already above 700. Can’t wait to see what those do when it is removed from there.

[Anonymous]

Sorry, I can't answer, not there yet.  But I am curious if once discharged did your score improve?  We are being discharged any day now and it is the only negative thing on my report, everything else is in the green, but credit score is still in the fair range.  I'm anxious if the score will improve once it reflects discharge, even though we have another year before it drops off.  (we are at 6 yrs from filing date)

[Anonymous]

rjc0704, 

I don't recall there being any significant change in score at discharge. But in a way, it's just a moment in time, like high school graduation. The status change allows for doors to open up and changes can happen more quickly when you take advantage of those new opportunities , considering the relatively clean slate you should have. 

I don't remember specifics, but I think my scores increased about 5 points in the month following my discharge. And by following basic rules of rebuilding, I saw an increase of about 150 points in the following 6 months. Ymmv, of course. 

[aussiesareforever]

I saw a score jump after my BK was removed- an average of about 80 points for each credit report.  I was also quite persistent in my request for EE. Experian and Transunion were easy, I had to ask Equifax a few times before they finally gave in.

To everyone waiting, that day will be here before you know it. It seems like an eternity waiting but I learnt to enjoy the process and learned a lot about myself (and my credit) while I waited.

[Anonymous]

My scores went up bit by bit as I re-established my credit with new cards and a car loan, but after the BK and late payments fell off it jumped by around a 100 pts in each agency. 

I am not sure of my exact score right after BK, I think it was in the low 600s. It's now in the 800s for each agency. The last negative came off yesterday for TU-- increase for that alone was 91 pts.

[CountryLad]

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@aussiesareforever wrote:

I saw a score jump after my BK was removed- an average of about 80 points for each credit report.  I was also quite persistent in my request for EE. Experian and Transunion were easy, I had to ask Equifax a few times before they finally gave in.

To everyone waiting, that day will be here before you know it. It seems like an eternity waiting but I learnt to enjoy the process and learned a lot about myself (and my credit) while I waited.

Hello and thanks for your input. May I please ask how you went about requesting the EE? What did you say? Was it online or by mail? How early did you request it? I'm sure you didn't file a dispute, did you? Thanks for any help.

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