topic Re: Goodwill Letter/ Delete Account after Bankruptcy? in Bankruptcy

Goodwill Letter/ Delete Account after Bankruptcy?

kittycreditmeow — Wed, 31 Mar 2021 00:33:56 GMT

Bankruptcy Ch 7

Anyone that can explain to me why some accounts get deleted from your report and others don't after bankruptcy? I had about 25 charged off accounts on my credit report before filing and then after I was discharged; about 3/4 of the accounts were fully deleted but 7 accounts remain on my report. They are all reporting correctly and say "discharged in bankruptcy" so that is good and I know they will be there for seven years but I just don't understand why some completely disappeared and others remained. Does it just depend on the creditor and some kind of sick twisted gain on their end to dig their nails into your credit? It is just something I've wondered and haven't been able to figure out in this process.

It's an issue for me because it is still counting towards my missed payment count. And the majority of my denial letters say "too many delinquent accounts" or something along the lines of "too few accounts paid on time". And of course the "bankruptcy" which is to be expected.

Is it possible to write a goodwill letter to these creditors and ask them to fully delete it?

Re: Goodwill Letter/ Delete Account after Bankruptcy?

kr43002 — Wed, 31 Mar 2021 00:43:27 GMT

@kittycreditmeow wrote:
Bankruptcy Ch 7

Anyone that can explain to me why some accounts get deleted from your report and others don't after bankruptcy? I had about 25 charged off accounts on my credit report before filing and then after I was discharged; about 3/4 of the accounts were fully deleted but 7 accounts remain on my report. They are all reporting correctly and say "discharged in bankruptcy" so that is good and I know they will be there for seven years but I just don't understand why some completely disappeared and others remained. Does it just depend on the creditor and some kind of sick twisted gain on their end to dig their nails into your credit? It is just something I've wondered and haven't been able to figure out in this process.

It's an issue for me because it is still counting towards my missed payment count. And the majority of my denial letters say "too many delinquent accounts" or something along the lines of "too few accounts paid on time". And of course the "bankruptcy" which is to be expected.

Is it possible to write a goodwill letter to these creditors and ask them to fully delete it?

With bankruptcy, it only removes your requirement to pay, not the accounts or derogatory account. now if any of them state delinquent then you can dispute it, derogatory just means iib. you can always ask the creditors to take it off, however there is no real method to force it to be taken off. at least that I am aware of

Re: Goodwill Letter/ Delete Account after Bankruptcy?

kittycreditmeow — Wed, 31 Mar 2021 01:22:28 GMT

@kr43002 But I'm just trying to understand why the others were deleted and not the 7 that are still on there. The ones that were deleted could have stayed on to, I'm glad they didn't but it's just confusing.

Re: Goodwill Letter/ Delete Account after Bankruptcy?

kr43002 — Wed, 31 Mar 2021 01:49:20 GMT

@kittycreditmeow wrote:
@kr43002 But I'm just trying to understand why the others were deleted and not the 7 that are still on there. The ones that were deleted could have stayed on to, I'm glad they didn't but it's just confusing.

Some will take it off, most won't. The only accounts that have fully fallen off my report are the collection accounts that I had on my report. Everything else stayed, maybe someone else has more experience with this...

Re: Goodwill Letter/ Delete Account after Bankruptcy?

pizza1 — Wed, 31 Mar 2021 02:14:07 GMT

It will just depend on lender preference. Same went for me. When I was DC I think I had 29 accounts IIB, some fell off, but most stayed.
Then like 3-4 years post DC, Commenity purged their system, and I lost the rest of my negative accounts, except one from Chase. That one stayed on for another 2 years. No-one can answer your question why that happens.

Personally, I would not dispute the negative accounts, just let them age off. Sometimes disputing them, opens up a whole new can of worms.