topic Re: Chapter 13 still on Equifax credit report 9 years after filing in Rebuilding Your Credit

Chapter 13 still on Equifax credit report 9 years after filing

Anonymous — Tue, 09 Dec 2014 01:24:55 GMT

I filed for Chapter 13 bankruptcy 9 years ago ... got discharged June 2011. My Experian and TransUnion credit reports are clear but Equifax still shows the public record and recently a discharged home equity loan just popped back on it again. I've seen conflicting info that all Chapter 13 accounts and public records should be cleared 7 years after filing and others say it can still stay on 10 years after filing even though it's a Chapter 13. Is it worth disputing? If it is true Chapter 13 can stay on for 10 years why bother? I don't understand why just this one company Equifax is doing this. Thanks so much for any advice or feedback. I'm new here!

Re: Chapter 13 still on Equifax credit report 9 years after filing

dursty87 — Tue, 09 Dec 2014 03:54:10 GMT

From my understanding Chapter 13's remain on your CR for 7 years from filing date.

Re: Chapter 13 still on Equifax credit report 9 years after filing

Anonymous — Tue, 09 Dec 2014 13:22:21 GMT

The Fair Credit Reporting Act 15 USC Section 1681 states 10 years for cases filed under the Bankruptcy Act. It doesn't differentiate between Chapter 7 or Chapter 13.. I think the credit reporting companies can remove at 7 years but they don't have to. In my situation I think Equifax doesn't like me because I have done a lot of disputes ... and the home equity loan credit union doesn't like me due to the foreclosure where I had no obligation on the debt since the mortgages were included in my discharge. I had to hire an attorney to get them off my back.

Re: Chapter 13 still on Equifax credit report 9 years after filing

MarineVietVet — Wed, 10 Dec 2014 05:52:49 GMT

@Anonymous wrote:
The Fair Credit Reporting Act 15 USC Section 1681 states 10 years for cases filed under the Bankruptcy Act. It doesn't differentiate between Chapter 7 or Chapter 13.. I think the credit reporting companies can remove at 7 years but they don't have to. In my situation I think Equifax doesn't like me because I have done a lot of disputes ... and the home equity loan credit union doesn't like me due to the foreclosure where I had no obligation on the debt since the mortgages were included in my discharge. I had to hire an attorney to get them off my back.

Welcome to the forums.

From Questions about Bankruptcy

The credit bureaus have specific rules for when a bankruptcy should be removed from your credit report. In general, Chapter 7 and 11 bankruptcies remain for 10 years and completed Chapter 13 bankruptcies remain for 7 years. I'm not saying you need to count down the days until the bankruptcy falls off of your credit report, but you should know approximately when it should removed or "purged" from your credit report.