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Valued Member
Posts: 27
Registered: ‎06-07-2012
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getting accounts with same creditors after bk

Got shot down for the reg best buy due to "my payment" history; same sort of story with barkclays. anyone else experiance this. ch 7 discrg 3-12

Senior Contributor
Posts: 3,928
Registered: ‎10-26-2012
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Re: getting accounts with same creditors after bk


vtskier wrote:

Got shot down for the reg best buy due to "my payment" history; same sort of story with barkclays. anyone else experiance this. ch 7 discrg 3-12


Creditor don't like it when you include them in BK's. my BK discharge was in 04' can't wait to have tis black mark gone. and also 35% of you Fico score is base on payment history. 

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Epic Contributor
Posts: 27,057
Registered: ‎03-19-2007
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Re: getting accounts with same creditors after bk

If the same creditor, then ultimate CR exclusion of the BK wont preclude their knowledge of that prior business loss.

They have their own business records.

Having taken a loss in their last dealing does not usually foster a desire for new dealings.  How much was their loss?

 

If a different creditor, then absent any cross-sharing of info with the BK creditor, they wont see the BK once excluded from your CR, and thus might be the better bet.

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