On June 8th of 2005 I filed bankruptcy and it was discharged on September 30th, 2005. Up to the point of filing bankruptcy my wife and I were current on our car payment. Once we filed in June, we stopped paying. As of July the loan was 30 days late, August 60 days late...WFS Financial filed an exemption of the stay...so they could take back the car...once it was filed, we called their lawyer and had the come pick up the car...I believe that was the beginning of September. Later in the month, the debt for the car was included in the discharge. WFS continues to report the debt to all 3 CRA's in a manner similar to how it is listed below : _______________________________________________
Balance [?] $0 Current Status [?] Unpaid balance reported as a loss by credit grantor Past Due Amount [?] $0
Date opened [?] Jul, 2004 Date of last activity [?] Oct, 2005 Date of last payment [?] May, 2005 Account number [?] XXXXXXXXXXXX Account type [?] Auto Loan Credit limit [?] Not Reported Terms [?] 72 Months Credit Type [?] Installment Account holder [?] Joint Account
30 days late 1 time (Jul 2005) 60 days late 1 time (Aug 2005) 90+ days late 17 times (Jul 2007, Dec 2006, Nov 2006, Oct 2006, Sep 2006, Aug 2006, Jul 2006, Jun 2006, May 2006, Apr 2006, Mar 2006, Feb 2006, Jan 2006, Dec 2005, Nov 2005, Oct 2005, Sep 2005) _______________________________________________
Based in the info I have given...how is the correct way the account should be listed? Since we didn't dispute exemption of the stay and allowed them to take the car back...is there some legal reason they are still considering it a charge off and not as included in bankruptcy? I disputed it as "Included In Bankruptcy" but it was verified and changed slightly...I'm a little lost at the moment...any help would be greatly appreciated. Thanks!