Hey all,
Been reading these forums a long while, and posted here and there, but it's time for me to ask question.
Has anyone had luck getting goodwill removals after buring the creditor in a BK?
If not, what about PFDs after BK on discharged debt?
If the answer is even close to "yes" on either of those, are there specific banks that are more receptive? Banks I shouldn't bother with at all?
Thanks,
-SM
P.S. PreBK i was @ ~470. A year and a month later, I'm @ EQ664 w/ 2 not-yet-paid-off tax liens. All, thanks to these forums. I'll have the CA Tax Board PIF next week, and hopefully the IRS by Oct/Nov. My #1 Primary Main Super Objective is to have a clean report (except for the public records, which can't be disappeared) long before my BK will fall off (DEC2020). Goodwills seem to be the way to go.
Starting Score: ~470 preBK(8/2010)
Hi-
I am glad you asked this question, I can't wait to hear the responses from the group. Everyone here is SO helpful! I am kindda in the same situation and was seeking the same advice.
If you don't mind, how did you get your scores up so high? Have you had any IIB accounts deleted? If so, how?? I would love to clean up my report but have no clue where to start 
I was told that you couldn't PFD on these accounts and that GWs usually never work as there is no incentive for the creditor. I am hoping that is not the case.
Also, a question for the group, if you get the account IIB removed, and they are your oldest accounts, will that be worse for your score than having them on IIB? I was told that accounts IIB don't hurting you that much? SO SORRY...not trying to hyjack your post just wanted to ask additional questions in line with yours.
I don't know that I'd consider my scores "so high", but here's a quick accounting of what I've done since they day after my discharge:
1. Pulled ALL 3 reports.
2. Disputed anything and everything to say "Included in Bankruptcy", and didn't give up until they all did (this took about 6 months).
3. Opened Nevada Federal CU "New Start" checking account (NF is now OneNevada CU)
4. 4 Days post-discharge, apped for an Orchard Bank card - Approved 300CL, unsecured, $59af
5. 1mo Post Discharge: Opened a $1000 "Credit Builder" loan @ Nevada Federal CU (this is a loan secured by a CD that is funded by the loan itself)
6. 6mo Post Discharge: apped for CapitalOne Cash Rewards card - Approved $750CL, unsecured, $39af
7. Switch all usage to C1 card, except for my Android Apps account (about $2/mo on Orchard).
8. Completed C1 "Credit Steps" and got CLI to $1250 in early Nov
9. Wait for CLI to report on all 3.
10. 11.5Mo after BK: App for Discover More - Approved 1000CL, unsecured, no AF
That's about it so far. I'm also paying my taxes. CA has lien (~$1700) and IRS has lien (~$21,000) which both report PR on all 3 CRAs.
I use the hell out of my cards, and normally pay them off before the statement closes.
My EQ Fico is 664 and my FAKOs are TU691 EQ678 EX693.
Now it's time to GW the crap off.
-SM
Wait...11.5 months post Chpt 7 you were approved for a Discover More card?????? I thought no one with a bk reporting would be approved for any discover card?? Wow, you are truly lucky!
Yep. I apped online for one with slightly better terms, 0% for 6mo and a $200 cashback bonus after X spend in 3 mos... It came back with "Sorry, we couldn't approve you for the card you app'ed for, but we CAN approve you for one with these terms: 3.99% for 6mo then 20.99%. Needless to say, I accepted.
I never carry a balance, so interest rate doesn't matter.
Right now, I'm trying to get a $1500 sig loan from my CU, but they are balking @ the IRS lein. I'm working with underwriting to get around that (showing them my payment schedule / history). Fingers crossed. I don't even need the $, I just want it to keep upping my cscores. My goal is 700 by June.
-SM
Do you pay off the loans in full or pay on them? How long did you let them stay open with you just making payments before you PIF?
...and finger crossed for your loan approval
In a normal month, I pay off my CC's in full before they ever bill, sometimes $5 or $20 slips on between them and shows up, but that's it. This month I got sort of boned by New Years, C1 closed on the 2nd, but didn't accpet the payment I made on the 30th until the 3rd (holiday weekend, my fault), so it will report @ $700, which I expect will lower me about 10pts once it does, but I'll still be > 33% util across the board so who knows.
For my credit builder, it was $84/month and I let it auto-pay. The last payment was the 2nd(3rd) so it just would up PIF/Closed and hasn't reported yet. We'll see what happens.
Anyhow, that loan was to show that I could pay on time, not that I could PIF, which is why I did it that way. Also, the CD that was funding it matured today, so that's a nice little bonus of $1000 cash for me. 
Effectively, the credit-builder loan is a 12mo savings program.
-SM
Sweet bonus! Thanks so much for all of the info...I am really trying to increase my score and this info is going to be very beneficial!
HAPPY NEW YEAR!!!