Credit reporting status as ch 13 instead of a 7

jenrhi — Sun, 22 Jan 2012 03:43:18 GMT

I filed a chapt 13 but was denied, so i refiled a 7 and it was discharged in Sept 2008. Some of the creditors have notated it as a chapter 13 on my cbr. Is this something i should dispute since technically it was discharged as a 7? Would it make any difference?

Re: CBR is reporting some items as chap 13...

RobertEG — Sun, 22 Jan 2012 00:13:03 GMT

Yes, the type of discharge can effect the CR exclusion period used by the CRAs.

Re: Credit reporting status as ch 13 instead of a 7

Anonymous — Mon, 23 Jan 2012 00:44:18 GMT

@jenrhi wrote:
I filed a chapt 13 but was denied, so i refiled a 7 and it was discharged in Sept 2008. Some of the creditors have notated it as a chapter 13 on my cbr. Is this something i should dispute since technically it was discharged as a 7? Would it make any difference?

Hi jenrhi!

I take it that the BK itself is reporting correctly as a CH 7? Then the BK will age off in ten years.

The accounts are diffferent. The negative notation of IIB (Included in Bankruptcy) or other similar notes should stay on for seven years, no matter what type of BK it was. The accounts themselves will report for ten years. That means they will report for three years as clean reports - without that IIB (or similar) notation attached to them. Bonus!!

I'm not sure that it matters in any way that the accounts have noted they were included in a CH 13 rather than a CH 7. For me, I would dispute the inaccurate reporting. But I wouldn't fret if it were not corrected.

Hope that's somewhat helpful!

topic Re: Credit reporting status as ch 13 instead of a 7 in Bankruptcy

Credit reporting status as ch 13 instead of a 7

Re: CBR is reporting some items as chap 13...

Re: Credit reporting status as ch 13 instead of a 7