Valued Contributor
Rhaeny
Posts: 1,507
Registered: ‎07-24-2011
Re: Any ideas on getting rid of derogatory status on iib accounts

If in fact the derogatory information was pre-bankruptcy filing then they can report that.  They are not supposed to report derogatory information after the bankruptcy.  So if your account was for example, charged-off before you filed, then they can report both the charge-off and the bankruptcy and should be listed is included in bankruptcy.  However, if the account was in good standing at the time of bankruptcy filing then they should only report included in bankruptcy.  Some creditors, illegally, report a charge-off just on the basis of the filing so you should definitely fight that.  


Major CC's - Barclay's ($5.5K) | Barclay's Sallie Mae MC ($5K) | DCU ($7.5K) | Discover IT ($1.4K) | Genisys Visa ($1.4K) | NFCU Visa ($22K) | Navcheck ($15K) | Chase Freedom ($5K) | SDFCU Visa ($8K) | Amex BCP ($9.5K) | Amex Delta ($10K) |Store CC's| -Amazon ($4K) | Catherines ($850) | JCP ($4K) | Macy's ($1.7K) | Avenue ($850) | Victoria's Secret ($1.4K) | Walmart ($4.1K) | Paypal SC ($1.3K) | HSN ($2.5) | Sears ($2.6K) | Sams Club ($4.1K) |Goal|: Age with grace to 750 across the board |Last app|: 3/3/2014