cancel
Showing results for 
Search instead for 
Did you mean: 

Collections Accounts Removed/Disappeared after 341 Discharge Date:08/05/2019

Auto Loans for ANY Credit Situation. Immediate Response.
Advertiser disclosure
New Member

Collections Accounts Removed/Disappeared after 341 Discharge Date:08/05/2019

Hello,

I had my 341 meeting on 06/05/2019. In the time between that meeting and now, the collections accounts on my credit report have been removed and/or have disappeared. If I'm understanding correctly, they should've just been updated with a $0 balance and a note stating IIB, am I correct? I'm not complaining if they stay gone permenantly, but that is highly doubtful. Do you think they've been deleted in order to "reupload" with the correct status of the accounts? My score is already low, I'm not entirely concerned with that right now as I've been researching on how to rebuild and know it will take time, I just want to be prepared for these accounts to come back, and my score drop lower than it is now. 

 

Thank you for you help!

Message 1 of 3
2 REPLIES 2
Valued Contributor

Re: Collections Accounts Removed/Disappeared after 341 Discharge Date:08/05/2019

Accounts do tend to get whiped out but not guaranteed.

 

If an account is questioned for accuracy, sometimes they will just delete it all.

 

It is possible to have a recent BK with no lates showing.

Rebuild started in 2014  -  $100k+ unsecured credit in 2017  -  $350k+ unsecured credit in 2020.

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

10% Rotating - Discover                       5%-20% - Amazon & Lowes                  3-6% Groceries - NFCU & Amex Preferred
3-5% Gas - NFCU & Ducks Unl            4% Dining & Entertain - Savor               3% Travel & Hotels - Flagship, Propel, & Uber
2% Everything Else - Flagship             1% Cancer Charity - Fifth Third             0% Finance Promos - Venture & QuickSilver





           
Message 2 of 3
Community Leader
Super Contributor

Re: Collections Accounts Removed/Disappeared after 341 Discharge Date:08/05/2019

Sometimes the reason why collections get removed off reports after a BK DC, is because those debts can never ever be collected on again, or try to be, as they no longer exist now due to the BK.

My rebuild worked for me, but won't necessarily work for you!
BK7 D/C- 08/2013
Message 3 of 3
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.