What date is used by FICO to determine when the derogatory item became adverse? For example, a bankruptcy is filed in July 07 and a credit card issuer closes the account that same month due to the bk. The DOFD is July, correct?
Or can this date change if the creditor keeps reporting it each month and/or I dispute it and it comes back verified in, say, Sept 07.
I signed up for the free 30 day trial for BofA Privacy Assist last week and they say one of my larger negatives driving down my score is a recent derogatory item less than 1 month old. Well, my bk is now 3 months old, but the last date reported on one TL is 9/07.
Is this what is causing this? How can it be fixed?