Reply
Frequent Contributor
CreditBob
Posts: 498
Registered: ‎05-01-2007
0

bankruptcy information

I did have oen bankruptcy that did get dismissed. I was because I got caught in a snowstorm & ahd missed my court hearing. A dismissed bankruptcy (any chapter) will stay on the report for 10 years. A chapter 7 that is discharged, which means you made all monthly paymenst on tiem & paid in full, will stay on your credit report for 7 years. On any bankruptcy the creditor has until the finalized date or close date on the bankruptcy to report any changes to the credit report. In other words once the bk is finalized any creditor involved in the bankruptcy can not do any updates to your credit report. The date of last activity on any account included in the abnkruptcy is when the filing date of the bankruptcy took place. Then the account atatched to the bankruptcy will stay on the reprot only for 7 years.

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+
}