topic Re: 2 Year Anniversary Coming Up Soon in Bankruptcy

2 Year Anniversary Coming Up Soon

chalupaman — Tue, 04 May 2021 13:54:10 GMT

I can't believe that it will be two years since I filed for BK. I filed back in May 7, 2019 according to my old CRs, so 3 more days and I reach that milestone. It's also hard to believe that in less than that time I was able to get my scores near the good rating overall. Not quite in the 700s yet, but I'm patient. A lot of the credit I applied for was at the very beginning as soon as my discharge was posted so I could have the advantage of letting all those accounts age together, so any future sprees wouldn't have as much of an impact long-term.

I wonder what kinds of opportunities might open up from here after I pass that milestone and when August comes around, which was when the discharge was fully approved?

Re: 2 Year Anniversary Coming Up Soon

Anonymous — Tue, 04 May 2021 18:28:50 GMT

Congrats on your upcoming 2 year anniversary! Your trade lines look nice. Navy will probably starting growing pretty quickly especially after you got 10K with Penfed. That's quite impressive looking at your other limits.

How old are your Mercury and Ollo cards? Do you put any spend on them? I have both. I don't think either lets you ask for CLIs but Ollo went from $300 to an auto CLI to $1,500 and that was back in summer 2019. Nothing since. I did finally get an offer for 6 months of 0% APR from them so I put some heavy spend on it hoping they'll throw another bone my way soon. Mercury has done two auto CLIs too. One from $2,500 to $3,000 and then again to $3,750. Ollo is about 2.5 years and Mercury almost 2 years.

Re: 2 Year Anniversary Coming Up Soon

chalupaman — Tue, 04 May 2021 19:08:52 GMT

@Anonymous wrote:
Congrats on your upcoming 2 year anniversary! Your trade lines look nice. Navy will probably starting growing pretty quickly especially after you got 10K with Penfed. That's quite impressive looking at your other limits.

How old are your Mercury and Ollo cards? Do you put any spend on them? I have both. I don't think either lets you ask for CLIs but Ollo went from $300 to an auto CLI to $1,500 and that was back in summer 2019. Nothing since. I did finally get an offer for 6 months of 0% APR from them so I put some heavy spend on it hoping they'll throw another bone my way soon. Mercury has done two auto CLIs too. One from $2,500 to $3,000 and then again to $3,750. Ollo is about 2.5 years and Mercury almost 2 years.

My Mission Lane and Ollo Cards I got back in December 2019. I've only had one CLI and that was with Ollo and it wasn't by very much, just $100 after my Williams Sonoma card had started reporting last summer. I also had larger balances on them for a while, but that's not an issue now. Now I'm just running small monthly charges on each and paying in full at this point.

And thanks so much! Yeah the Penfed limit was a shocking instant approval I got about two months ago now, so I'm really hoping NFCU will grow just like that card soon.

Re: 2 Year Anniversary Coming Up Soon

anniea4001 — Tue, 04 May 2021 20:07:04 GMT

Congrats on your rebuild @chalupaman

Having received my discharge a little under 2 months ago, it is very refreshing to read stories like yours.

For a long time I resisted the unavoidable because of the stigma behind BK but after everything, I just wish I would have done it sooner.

Now I am just looking forward to my year mark and how much progress I can make by then.

Re: 2 Year Anniversary Coming Up Soon

Horseshoez — Tue, 04 May 2021 20:10:29 GMT

@anniea4001 wrote:
Congrats on your rebuild @chalupaman

Having received my discharge a little under 2 months ago, it is very refreshing to read stories like yours.
For a long time I resisted the unavoidable because of the stigma behind BK but after everything, I just wish I would have done it sooner.
Now I am just looking forward to my year mark and how much progress I can make by then.

My informal "I wish/I regret" poll-O-meter says for every person claiming they regret filing either a Chapter 7 or a Chapter 13, ten others say they wish they'd done it sooner.

Re: 2 Year Anniversary Coming Up Soon

anniea4001 — Tue, 04 May 2021 20:20:11 GMT

@Horseshoez well, good to see someone is keeping scores lol

From all the reading I have done here, I can see how those numbers make sense.

I honestly wish I had found this forum much much sooner.

@Horseshoez wrote:
@anniea4001 wrote:
Congrats on your rebuild @chalupaman

Having received my discharge a little under 2 months ago, it is very refreshing to read stories like yours.
For a long time I resisted the unavoidable because of the stigma behind BK but after everything, I just wish I would have done it sooner.
Now I am just looking forward to my year mark and how much progress I can make by then.
My informal "I wish/I regret" poll-O-meter says for every person claiming they regret filing either a Chapter 7 or a Chapter 13, ten others say they wish they'd done it sooner.

Re: 2 Year Anniversary Coming Up Soon

Horseshoez — Tue, 04 May 2021 20:22:30 GMT

@anniea4001 wrote:

@Horseshoez well, good to see someone is keeping scores lol

From all the reading I have done here, I can see how those numbers make sense.
I honestly wish I had found this forum much much sooner.
@Horseshoez wrote:
@anniea4001 wrote:
Congrats on your rebuild @chalupaman

Having received my discharge a little under 2 months ago, it is very refreshing to read stories like yours.
For a long time I resisted the unavoidable because of the stigma behind BK but after everything, I just wish I would have done it sooner.
Now I am just looking forward to my year mark and how much progress I can make by then.
My informal "I wish/I regret" poll-O-meter says for every person claiming they regret filing either a Chapter 7 or a Chapter 13, ten others say they wish they'd done it sooner.

You and me both my friend.

Re: 2 Year Anniversary Coming Up Soon

chalupaman — Tue, 04 May 2021 20:24:15 GMT

@anniea4001 wrote:
Congrats on your rebuild @chalupaman

Having received my discharge a little under 2 months ago, it is very refreshing to read stories like yours.
For a long time I resisted the unavoidable because of the stigma behind BK but after everything, I just wish I would have done it sooner.
Now I am just looking forward to my year mark and how much progress I can make by then.

Yup. I've been there too, especially in one of the old jobs I had. There was so much pressure at that time not to file and lots of preconceived notions about how the process actually works or whether it was even moral to those people. I wish I hadn't listened to any of them at that time. It took a sheriff knocking at my door hard one day and a letter in the mail for a BK lawyer coming in the next day to get me to finally bite the bullet and it was the best decision I ever made hands down.

Re: 2 Year Anniversary Coming Up Soon

Anonymous — Thu, 06 May 2021 06:33:37 GMT

Wow, my file date was 5/06/19. It's actually kind of scary how similar my profile and limits are to yours.

Congrats on the 2 years!

Re: 2 Year Anniversary Coming Up Soon

Anonymous — Thu, 06 May 2021 17:28:13 GMT

@chalupaman wrote:
I can't believe that it will be two years since I filed for BK. I filed back in May 7, 2019 according to my old CRs, so 3 more days and I reach that milestone. It's also hard to believe that in less than that time I was able to get my scores near the good rating overall. Not quite in the 700s yet, but I'm patient. A lot of the credit I applied for was at the very beginning as soon as my discharge was posted so I could have the advantage of letting all those accounts age together, so any future sprees wouldn't have as much of an impact long-term.

I wonder what kinds of opportunities might open up from here after I pass that milestone and when August comes around, which was when the discharge was fully approved?

Congrats on your rebuild progress and soon to be anniversary 🥂 🎉

Re: 2 Year Anniversary Coming Up Soon

Anonymous — Fri, 07 May 2021 22:38:45 GMT

Congrats @chalupaman - from your posts that I've read here, you're taking a smart and measured approach to your rebuild and it appears to be going well. Keep it up and you'll keep climbing

Re: 2 Year Anniversary Coming Up Soon

Guyatthebeach — Sat, 08 May 2021 07:16:38 GMT

Chalupaman,

Congratulations on your 2 year anniversary. Don't sweat it about not being at 700 yet, because you're going to hit it soon.

Now you have that nice CL from PenFed, I hit Navy Federal up for a CLI. Also is your Ollo MC the 2% cash back card? If it is I would try to grow that card. Is your Williams and Sonoma card a store card or the Visa?

Keep doing what you're doing. You have an extremely solid foundation and you're definitely on the track to 800!

Guyatthebeach

Re: 2 Year Anniversary Coming Up Soon

chalupaman — Sat, 08 May 2021 16:52:09 GMT

@Guyatthebeach wrote:
Chalupaman,

Congratulations on your 2 year anniversary. Don't sweat it about not being at 700 yet, because you're going to hit it soon.

Now you have that nice CL from PenFed, I hit Navy Federal up for a CLI. Also is your Ollo MC the 2% cash back card? If it is I would try to grow that card. Is your Williams and Sonoma card a store card or the Visa?

Keep doing what you're doing. You have an extremely solid foundation and you're definitely on the track to 800!

Guyatthebeach

Navy Federal I got that card last month, and the first statement already hit a day or two ago I believe. Yes, I PIF on what I spent on that card and plan to let a small balance report for the next statement. I thought I had to wait 91 days or three statements for Navy, so I'm playing it safe there. I'll either go for a CLI or just go ahead and get another card with them.

The Ollo MC is just the regular platinum card, but it does give me a free FICO and all. Williams Sonoma is a weird one. I thought it was a Visa when I got approved last summer, but I was never sent the card. I ordered a new one a few months ago and it turned out to just be the regular one. Oh well. I need to take that one out of the SD sometime and buy something small as well to keep it active.