Credit Card Center Advertiser Disclosure

Regular Contributor
Posts: 104
Registered: ‎08-06-2007
0 Kudos

Debt Purchased by BOA Around BK Discharge Date

My bankruptcy was discharged in August of 2005.  I listed and MBNA account on the bankruptcy.  A few months ago, Bank of America, started listing and account on my online banking list as a debt I owed to them.  This was news to me because I had never obtained a loan/credit from Bank of America.  I called up and was told that Bank of America had purchased MBNA so I now owed them. 
About two months ago this "new" debt was listed on my credit report.  The only problem is that this is the same MBNA debt I discharged with my bankruptcy.  The debt isnt' listed as being included in my bankruptcy. 
I did some checking and I found some articles from June and July of 2005 that spoke about Bank of America purchasing MBNA, but I don't see anything about when the purchase actually happened.  If the purchase happened after my bankruptcy was discharged in August of 2005 shouldn't this debt be listed at being included in my bankruptcy?  Or at removed from my credit report?
Now, if Bank of America purchased MBNA in June or July, since I didn't know about it and still listed MBNA on my bankruptcy as my creditor does that negate me listing it on my bankruptcy?
I'd appreciate any help anyone can give me on how to handle this.
Belver (best financial adviser I ever heard!)
Love never fails......hope is always there.
TU: 569 EXP: 566 EQU: 564
Goal 750
Established Contributor
Posts: 858
Registered: ‎06-26-2007
0 Kudos

Re: Debt Purchased by BOA Around BK Discharge Date

Dispute with the credit bureaus. Send in copies of your discharge letter, copy of your list of creditors, you can even send in a copy of that article showing that MBNA was bought out by Bank of America, (this is good for me to know because they were in my BK7 in 2001 and I see an account on my reports) to the credit bureaus as proof that this debt was discharged and included in your bankruptcy.  I would not talk any further to BofA until I got the results of the dispute back.  Send to all 3 CRAs.  It worked for me.

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.