topic Re: Score improvement after 7 years DOFD? in Bankruptcy

Score improvement after 7 years DOFD?

masscredit — Tue, 14 Jan 2025 17:06:58 GMT

For those who have had a CH7 BK, was there a noticeable score improvement after accounts starting reaching 7 years DOFD? For myself, I stopped paying on my cards the beginning of 2020 but didn't file until March of '22 (I shouldn't have waited). So I'm wondering if I have something to look foward to in two years?

Re: Score improvement after 7 years DOFD?

sccredit — Tue, 14 Jan 2025 18:03:31 GMT

When I hit 7 years most of the accounts started falling off. Over a 6 week period I went from low 700's (like 710) to mid 700's (like 755).

Re: Score improvement after 7 years DOFD?

Rogue46 — Tue, 14 Jan 2025 22:28:58 GMT

Same here I believe i was low 700's for awhile around that time then towards the end of year7 into year 8 scores started gradually climbing to mid 700's

Re: Score improvement after 7 years DOFD?

Horseshoez — Wed, 15 Jan 2025 20:53:37 GMT

@masscredit wrote:
For those who have had a CH7 BK, was there a noticeable score improvement after accounts starting reaching 7 years DOFD? For myself, I stopped paying on my cards the beginning of 2020 but didn't file until March of '22 (I shouldn't have waited). So I'm wondering if I have something to look foward to in two years?

My wife's scores inched up a bit at the 7-year mark, but given bankruptcy notations carry significant weight, her scores didn't really bounce until she got to the 10-year mark.