Re: Filing or Discharge date to count number of years post bk?
12-20-2012 08:37 AM
Don is right.
If you get a 13 discharged, you are presumed to have 3-5 years of perfect payment history to the court, too.
And remember, after discharge of a 13, you're 3-5 years post filing... the impact of the BK isn't nearly as bad, and, depending on timing, some of your delinquent accounts may have fallen off, too.
Regardless, both 7 and 13 are based on filing date. 6 years after filing a 7 can get someone a $7500 approval, too. Heck, I'm only 2.3 years post filing my 7 and have a visa w/ a $8000 limit. Granted it's NFCU, but I also have a Discover w/ a $2500 limit.
Starting Score: ~470 preBK(8/2010)
Current Scores as of 8/2/13: EX 710, EQ 691, TU 709, all 3 LP for a Mortgage (TriMerge Report)
Goal Score: 700+ FICO across the board w/ my BK still on there (until 8/2020) - I think they're all already there... haven't had a bank pull a trimerge in quite a while.