1 yr after discharge and....

Nyght · ‎07-13-2018

Yes, 1 year after discharge of a ch7 and I don't know if it was really worth it or not, allow me to explain...

I did everything I was told to do to include pulling my report and checking to ensure everything I had IIB was marked as such and it was BUT they are STILL reporting c/o's 30/60/90 and all the other neg stuff that was there before I did my ch7!

I contacted my bankruptcy lawyers office to see if they could help but they told me it was legit and I have to wait for it to drop off my report in time but several friends, who have gone down this road told me I CAN have this stuff removed as it is my legal right with a bankruptcy!

So tell me, who is right? And what can I do if anything at all?

Anonymous · ‎07-13-2018

it all depends on if you missed payments before you filed for bankruptcy. IF you didnt miss payments , you can dispute the date of 1st delinquency and try to get them removed. IF you missed payments prior to your bankruptcy , you have to let it ride. Sorry !

Anonymous · ‎07-13-2018

I'm in the same boat as the OP just only 1 or 2 weeks post discharge of chapter 7 and have yet to pull a post BK credit report. I'm scared

I was only delinquint on my CC's 2-3 months before filing.

So.... and this is why I'm affraid to pull my CR, I had 28 different credit or department cards that were all up to date and on time until I stopped making payments the last few months (mostly from the advice I have read here and on other similar forums). You hear all the time that there is no sense in making minimum payments in the 60-90 days before you file. You're just throwing that money away. I don't think I ever saw a disclaimer telling people that advice is only good for people who are behind and have missed payments. I could be wrong and if so my fault.

I was never aware until just now that missed payments will not go bye bye along with your debt. Huge oversight on my part.

So they stay until they fall off based on what State you live in and how long a period of time you must wait...

My CR is going to be marred by 28 negative accounts for 7 years. Great...

Nyght · ‎07-13-2018

Ok, so I'm just stuck with baggage I thought would be wiped away with the drastic act I took.

Out of all 3 CRA, the only one making sure to detail my misdeeds is EXPERIAN!!!

Everyone else simply put IIB and left everything else blank.

Oh well, at least I know now. So how long can it take before this old mess falls off?

CH-7-Mission-Accomplished · ‎07-14-2018

You just have to start doing rounds up disputes and you can get a lot of them cleared. In my case only Experian kept the 30/60/90 late pays before the BK was filed -- the other two deleted all that history and just showed the account as IIB, which is a bad debt chargeoff. You just have to be persistent in disputing and when you hit a wall, take six months off and try again. I got rid of 75% of my IIB accounts from my reports. I'm not sure why anybody would assume that that bad payment history goes away. BK relieves you of the obligation to pay the debt but it doesn't give you any rights to have bad history deleted. But still most people are able to get most of the stuff off their reports in time.

pizza1 · ‎07-14-2018

Anything that happened BEFORE your file date stays. Lates, CO, etc...they are reporting correctly because it was and is an accurate reflection of your credit history BEFORE you filed.

Anonymous · ‎07-17-2018

If it was before then that is accurate and will stay for up to 7 years. You can dispute them and maybe get them changed to IIB which would be different. Not sure whichis better though.

Anonymous · ‎07-18-2018

Wow! I didn't know they didn't delete late payments either. Did anyone have them deleted then put back on? I had like 19 cards included in the bankruptcy and I also quit paying them once I decided to file so I have a few lates. When they closed them, all my lates disappeared with them and my payment history says 100% now. lol. Hope I got lucky but I just wonder now if they come off and then the company puts them back on.

Shooting-For-800 · ‎07-18-2018

Your BK has nothing to do with credit report.

If you were late, you were late.

Only accounts that report late AFTER your BK can be legally removed.

Now, some of it will disappear before they fall off, it just happens.

The older it is, the less it matters.

Your BK destroyed your credit and it is the most recent, so your lates BEFORE BK really don't matter.

I have two lates on my CR from before my BK and look at my signature.

It gets better. GL!

Rebuild started in 2014 - $100k unsecured credit in 2017 - $500k unsecured credit in 2024.

DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!

Anonymous · ‎07-18-2018

@Anonymous wrote:
Wow! I didn't know they didn't delete late payments either. Did anyone have them deleted then put back on? I had like 19 cards included in the bankruptcy and I also quit paying them once I decided to file so I have a few lates. When they closed them, all my lates disappeared with them and my payment history says 100% now. lol. Hope I got lucky but I just wonder now if they come off and then the company puts them back on.

Mine still showed but the items were IIB and it didn't seem that the late payments had an impact on my score. Most are dropped off now and I even had some removed early.