Chapter 7

[Anonymous]

So i filed for Chapter 7 in November, had my meeting and here is my situation.

I had only 4 credit cards total along with some collections and a judgement that was going to garnish wages but it was stopped. here recently 2 of the credit cards removed themselves from from credit reports all together, i found this really odd as i thought the would stay on my report but for some reason they are no longer there. Is this common? or anyone have an explanation for it?

[FireMedic1]

Until you get your DC your credit files will be doing all kinds of dances up to 30 days after DC. Keep watching them and make sure every creditor will state IIB and $0. If they stay gone. Great. Here's to a debt free life in 2020. Good Luck and welcome to the forums!

[Anonymous]

I am excited to start over, but i am really concerned with the credit card accounts vanishing from my report, as they had perfect payment history and were in good standing, I am concerned they will reappear as negative accounts with no payment history. Could this be a thing credit card companies do to cause your score to drop drastically? deleting the account and the reporting it again making it appear to be new and all the history is gone? I know adding a "new" account messes with your score too. maybe i am just paranoid !

[FireMedic1]

The accounts that are deleting. Were they part of your filing? Like I posted. There will be lots of changes until the smoke settles.

[Anonymous]

yes the were included in the bankruptcy, just amazes me they would remove themselves from credit reporting. now it shows i have no revoling credit history and dropped my scores by 30 points.

[FireMedic1]

If you havent gotten your DC yet. Just let it go until 30 days after and they will probably show up again. If they dont. Thats even better. It will show less creditors that were burned when it comes time to apply for your rebuild. Plus you'll get a score boost after everything has reported correctly.