topic Re: High Balance in Bankruptcy

High Balance

grneydangl — Tue, 17 Sep 2019 17:37:53 GMT

I know after your BK7 has been discharged, accounts are supposed to reflect a $0 balance with the description included in bankruptcy. However, I'm just looking at Transunion right now and it doesn't list a current balance, so that's not an issue but is it supposed to list the high balance as $0 as well? Amex is the only one that lists the high balance as $0, but the others are listing the last balance before bankruptcy, so I'm wondering if I need to dispute that.

Thanks!

Re: High Balance

FireMedic1 — Wed, 18 Sep 2019 00:12:38 GMT

Should be 0 balance. High balance is when you had the card before BK. It can take up to 30 days after DC for everything to settle down if it was recent.

Re: High Balance

grneydangl — Wed, 18 Sep 2019 14:17:41 GMT

It's been 32 days. So should I dispute since it shows a balance under high balance, or is that info technically correct on my credit report?

Re: High Balance

FireMedic1 — Wed, 18 Sep 2019 16:16:57 GMT

High balance isnt the balance owed. That was DC'ed. The place where its says balance as you said had no info and was blank should be zippo or blank. So your fine.

Re: High Balance

grneydangl — Wed, 18 Sep 2019 16:27:19 GMT

Awesome, thanks!