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Regular Contributor
Posts: 120
Registered: ‎08-20-2017
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The post-bk rebuild long game begins

Well, I’m less than 2 weeks out from my BK7 discharge (due 10/10; I know it can take some time to come through) so I thought I’d start my own thread to track my rebuild progress.

 

SCORES AND REPORTS

 

Highest point: Even after my divorce, I had an EX FICO score of 794 (early 2015).

Lowest point: pre-filing, June 2017. FICO 8s EX 494, EQ 486, TU 483.

Current as of 9/24/17, FICO 8s EX 561, EQ 570, TU 501.

IIB: PSECU CC, BOA CC, Chase CC, Synchrony CareCredit LOC.

 

EX report 9/24/17:

BOA, CHASE, PSECU, SYNC-closed grantor request-IIB-still shows lates and balance/credit limit. Will give this one a month to report correctly.

BOA- different account-“responsibility terminated” 2015, 100% current payments? Is this a concern at all? (possibly one of the breach accounts that had to be closed and re-issued?) I also remember BOA had a penchant for changing my type of rewards account.

No collections

No INQ

 

EQ report 9/24/17:

BOA, CHASE and PSECU-closed by grantor IIB

BOA-separate account-“responsibility terminated” 2015, pays account as agreed, same question as above.

SYNC-just IIB

Other positive closed accounts not listing.

No collections

No INQ

 

TU report 9/24/17:

BOA, CHASE, PSECU and SYNC-closed CH7 BK-still shows credit limit/balance. Will also give 1mo to report correctly

BOA-separate account-responsibility “account relationship terminated” 2015, now I’m concerned and thinking I need to call them? Or DV letter? or leave alone b/c it was positive payment history? Any input?

Other positive closed accounts not listing.

No collections

1x INQ, for the Sync/CareCredit in Aug 2016, removal Aug 18.

 

Oh – I did receive back my Telecheck and Chexsystems reports so far, and both are squeaky! Nothing yet from the others I sent to (EWS, LexisNexis // Innovis).

 

PLANS

  1. Clean up reports PRN (will see in 1mo)
  2. As soon as I receive that discharge, open up check/savings at Consumers CU. I plan to use their savings as my main savings account, diverting part of my pay there for regular contributions, and making deposits into it whenever I can additionally. (I did get my budget plan ported from Excel to Access, and it is much easier to use now, and allows me to plan these deposits out into the future and get a small idea of how much I might be able to save over time given certain spending assumptions. Yes - I am a giant nerd.) 
  3. Same day if possible, get my SSL started. I haven't seen reports of anyone doing this at CCU, so I'm going to check into it, with Alliant as backup plan.
  4. Also same day, apply for Cap1 Plat card because I already show as prequal’d. Hold off on anything else for now. Knock on wood, no plans for mortgage or car loans or any such in the near future, so it’s ok to let things age and come back around in 6 mo or a year if things improve. Long game, I have to keep telling myself.
  5. Oh yeah – get in contact with the retirement savings dude at work and get that process started for when the new year raise hits. This one I could technically do any old time.

I'll let you know where I am next :-) 

Established Member
Posts: 25
Registered: ‎03-09-2016
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Re: The post-bk rebuild long game begins

The BOA account that says responsibility terminated seems like you were an authorized user on an account. Were you ever an AU? If so, I would leave it alone as it is reporting a positive history.

Regular Contributor
Posts: 120
Registered: ‎08-20-2017
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Re: The post-bk rebuild long game begins


shadanat wrote:

The BOA account that says responsibility terminated seems like you were an authorized user on an account. Were you ever an AU? If so, I would leave it alone as it is reporting a positive history.


It took me a lot of thinking, but yes. This was my ex-husband's only other cc while we were married, and he must have removed me some time after our divorce finalized. I didn't initially remember being an AU on it but I do now.  Thank you. 

Regular Contributor
Posts: 120
Registered: ‎08-20-2017
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Re: The post-bk rebuild long game begins

credit/rebuilding diary:

10/03/2017 RIP my PSECU accounts. I did call and ask sheepishly to be let back in for deposit accounts only, and they did tell me that because I caused a loss, it is policy that they essentially will never let me back in. On the one hand, this was my largest write-off. But I had to try... I'm stubborn.

I got nearly $200 out of the call, though. They improperly charged me some credit card fees during my relationship with them and offered me a refund, and I sent the letter to my atty some time ago, asking if the trustee would need to do anything about it. He said it was not an issue, and to "go have a really nice dinner." (I don't even know how to spend three digits on a meal.) So since they're closing out my account, they mailed me the check. It'll go into my rebuilding fund.

Regular Contributor
Posts: 120
Registered: ‎08-20-2017

Re: The post-bk rebuild long game begins

10/10/2017 due date for creditors to object to discharge

10/11/2017 checked PACER as soon as I got home from work - it's party time! I'm DISCHARGED!!! 

Opened my Alliant account - tried to open an account at a local CU too, but failed the knowledge based questions (original amount of a pre-divorce car loan from 7 years ago?) so I have to visit a branch. I'll pop in at lunch tomorrow or maybe this Saturday

I'm not applying for any credit until my reports correct themselves (at least EX is obviously not showing d/c yet). It can wait a few days-couple weeks to hopefully get better results.

But I'm still so relieved. I just want to start working on fixing my mess and my mistakes.

Established Member
Posts: 25
Registered: ‎03-09-2016
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Re: The post-bk rebuild long game begins

Congratulations on your discharge

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