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Chapter 7 just discharged. How long until it reports as discharged on my reports?

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lisac
Regular Contributor

Chapter 7 just discharged. How long until it reports as discharged on my reports?

Its been a rough year to say the least.  DH has been out of work for more 10 months.  Before this our scores were both around 702.  At the time of filing in June report said 505.  Will it go up after the discharge?  My attorney says when we can afford it, get a new car loan to improve credit.   But I keep seeing posts about applying for credit card or secured loan.  All opinions and advised accepted.

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chasmith
Valued Contributor

Re: Chapter 7 just discharged. How long until it reports as discharged on my reports?

I think mine was in less than a week.

 

 

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
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Anonymous
Not applicable

Re: Chapter 7 just discharged. How long until it reports as discharged on my reports?

My score wa 485 when I filed chapter7. Within 3 months of being discharged I got 2 capital one credit cards and my score shot up to 597.

So it doesn't take long after you file to build back up. Still have a ways to go but cap1 definitely gave me a great start
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