Frequent Contributor
Posts: 337
Registered: ‎09-24-2008

score effect of BK account falling off

I have 10 cc accounts that I bk sceduled to fall off next month. Any idea on what that will do to my score? I am wondering if it will actually lower my score because of the AAoA? or if getting rid of "bad" accounts will balance it out? Anyone with experience?

Valued Contributor
Posts: 1,062
Registered: ‎05-26-2010

Re: score effect of BK account falling off

This doesn't really give enough information and in all things related to scoring YMMV.


When you say 10 accounts will "fall off" do you mean the IIB reaches 7 to 7.5 years?  Id that's the case then the negative should fall off, not whe whole account.

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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