topic Any CH7 BK Data Points? in Understanding FICO® Scoring

Any CH7 BK Data Points?

gorgon — Tue, 11 Aug 2020 13:04:45 GMT

Filed CH7 BK back in June 2018 and it was discharged in September 2018. Should I expect to see any kind of FICO score increases next month?

Re: Any CH7 BK Data Points?

CH-7-Mission-Accomplished — Wed, 12 Aug 2020 03:57:48 GMT

@gorgon wrote:
Filed CH7 BK back in June 2018 and it was discharged in September 2018. Should I expect to see any kind of FICO score increases next month?

I can only speak for my own experience, but I kept expecting to see score improvements as each filing date anniversary date arrived, and it never happened. This month on the 23rd I will hit 7 years from filing BK7 and it will be interesting to see if I get a score boost, but I'm not counting on it.

Re: Any CH7 BK Data Points?

SouthJamaica — Wed, 12 Aug 2020 11:52:22 GMT

@gorgon wrote:
Filed CH7 BK back in June 2018 and it was discharged in September 2018. Should I expect to see any kind of FICO score increases next month?

This isn't the news you want to hear, but it's my understanding that you won't see any increase attributable to that until it falls off your reports, which is some time in 2028. So do the best with what you have. I believe you should be able to get scores into the mid 700's.