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Bankruptcy trade lines changed to positive accounts

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CreditBob
Established Contributor

Bankruptcy trade lines changed to positive accounts

Has this ever happened to anyone that had filed bankruptcy? I had about 9 accounts that were included in my chapter 13 bankruptcy on my Equifax  credit report. The public record itself, still reports until July 2022, which is the 7 year mark time. The accounts that are included are now being reported as paid on time. In other words, not one single account has a bankruptcy indicator on it. My FICO score also went up 30 points. Has anyone ever had an account included in bankruptcy, but the credit bureau or creditors changed the negative status to a positive status?

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Guyatthebeach
Valued Contributor

Re: Bankruptcy trade lines changed to positive accounts

CreditBob,

 

The same thing happened to me 2 credit card accounts, one with BB&T and the other with Chase. 

I thought it was odd at the time, but I wasn't going to complain at all.

 

Guyatthebeach

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TRC_WA
Senior Contributor

Re: Bankruptcy trade lines changed to positive accounts

Mine haven't.

 

The IIB accounts fell off at the 7 year mark with the first Ch 13... the most recent Ch 13 still has the IIB accounts reporting as such with 18 months or so to go until the 7 year mark.

FICO8 current as of : 4-17-24 EQ: 724 TU: 707 EX: 706
Hard INQs last 12 months: EQ: 5 | TU: 8 | EX: 9
Verizon Visa $8500 Amex Delta Reserve $10,000 Care Credit $18,000
NFCU CashRewards $7500 Apple Card $7000 Best Buy $8000 Amazon $5000
NFCU auto loan (2022 Ford Bronco Sport Badlands - Cactus Gray) 6.95%
NFCU motorcycle loan (2024 Harley Davidson Road Glide - Alpine Green & Chrome) 9.45%
Total CL: $64,000 --- Total CC UTI: 27% --- AAoA: 5.5 years --- Income: $200k
Last app: 4-6-24
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