Consumer Loan still showing balance after BK

slambo · ‎02-18-2014

My Chapter 7 was discharged 12/2010

Just pulled my annual credit report and a consumer loan is showing a last reported of 10/2012 with a status of " Account Charged Off $1804 written off. $2547 past due as of 10/2012" Still showing Recent balance $2360 as of 10/2012

This account was included in my Chapter 7

Should I go ahead and dispute it to get balance to $0? or let it alone it ?

Filed BK along with foreclosure in 12/10

transunion per Credit karma is 674/ per Credit One score is 699

cards :
Cap One CL $2250/ balance $486 opened 03/11
Cap One CL $500/ $72 opened 06/11
Credit One CL $650/ $163 opened 08/11
Merrick CL $950 /$0 opened 02/11
Barclay CL $2000/ $376 opened 11/13

0REDSOX7 · ‎02-18-2014

I would dispute with the three CBs - and include a copy of your discharge order and the schedule of creditors where this was listed for you.

BK Discharge 2/11/14

Currently in the garden.

SoulMaster · ‎02-18-2014

If the fall off date is within the next 3 months I wouldn't bother... otherwise HECK YES! That's exactly what disputing is for.

There's a dispute guide in the 7-700 gude. Bottom of the first post:

http://ficoforums.myfico.com/t5/Bankruptcy/HOW-TO-From-BK7-discharge-to-700-in-24-months-or-less/td-...

They don't have to change the "charge off" status if they did it before your BK, but I'd tell them to anyway. If they don't fix the problems on the first go'round, call an FCRA attorney. Free money for you, and no attorney fees.

Good luck,

-SM

I am not an attorney and none of what I write should be construed as legal advice. For legal advice please consult an attorney.

Starting Score: ~470 preBK(8/2010)
Current Scores as of Late January 2016 All 700+. Last CR pull from a lender(housing) was mid-score 749.
Goal Score: 700+ - reached.