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Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
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After Bankruptcy

After your Bankruptcy falls off your credit report do banks have anyway of knowing u had a Chapter. The reason i'm asking is because my Chapter 13 is due to fall off my credit report in October of this year?

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
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Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
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Re: After Bankruptcy

One more thing i thought BK stay on your credit for 10 Years. I just called TransUnion an Experian they told me my BK will fall off in October but i filed my BK back in 2001?

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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Established Member
seyer4gold
Posts: 55
Registered: ‎06-20-2008
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Re: After Bankruptcy

chapter 7 = 10 years, chapter 13 = 7 years hope this helps
Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
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Re: After Bankruptcy


Seyer4gold wrote:
chapter 7 = 10 years, chapter 13 = 7 years hope this helps

Ok thx

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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Valued Contributor
jmbfl
Posts: 1,185
Registered: ‎03-04-2008
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Re: After Bankruptcy

That would be 7 or 10 years from discharge not filing.
Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008
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Re: After Bankruptcy


Jmbfi wrote:
That would be 7 or 10 years from discharge not filing.

 
WHAT lol I'm confused.

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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Established Contributor
wildcat
Posts: 508
Registered: ‎04-10-2007
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Re: After Bankruptcy



jmbfl wrote:
That would be 7 or 10 years from discharge not filing.



No it is from filing....my credit report states mine will fall of in 2011 and it was filed in 04 and discharged last year.
Established Member
seyer4gold
Posts: 55
Registered: ‎06-20-2008
0

Re: After Bankruptcy

what is discharge and is there a certain time frame that you have to wait?
Established Contributor
FaircreditguyFL
Posts: 665
Registered: ‎03-31-2007
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Re: After Bankruptcy

Date of removal is never date certain... could happen at anytime. BK code states BK will not remain on credit report for no more than 10 years. Typically, CRAs remove BK13, for the most part, approximately 7 years after filing date and BK7 is removed approximately 10 years after filing date.
Established Contributor
Boscoe
Posts: 660
Registered: ‎09-11-2007
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Re: After Bankruptcy

Chap 13 is 7 years from date of FILING for EX and TU, but 10 years for EQ.   It is NOT from discharge date.     Chap 7 is 10 years for all 3 CRA's..........

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