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High Balance

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Frequent Contributor

High Balance

I know after your BK7 has been discharged, accounts are supposed to reflect a $0 balance with the description included in bankruptcy.  However, I'm just looking at Transunion right now and it doesn't list a current balance, so that's not an issue but is it supposed to list the high balance as $0 as well?  Amex is the only one that lists the high balance as $0, but the others are listing the last balance before bankruptcy, so I'm wondering if I need to dispute that.

 

Thanks!



Message 1 of 5
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Super Contributor

Re: High Balance

Should be 0 balance. High balance is when you had the card before BK. It can take up to 30 days after DC for everything to settle down if it was recent.





My posts are JMHO. My siggy is not to brag at all. Just sharing my experiences after learning here from rebuild to recovery after BK DC @ 540's. And to show fellow members what can be accomplished when you do it right and play the FICO Credit Game.
Message 2 of 5
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Frequent Contributor

Re: High Balance

It's been 32 days.  So should I dispute since it shows a balance under high balance, or is that info technically correct on my credit report?



Message 3 of 5
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Super Contributor

Re: High Balance

High balance isnt the balance owed. That was DC'ed. The place where its says balance as you said had no info and was blank should be zippo or blank. So your fine.





My posts are JMHO. My siggy is not to brag at all. Just sharing my experiences after learning here from rebuild to recovery after BK DC @ 540's. And to show fellow members what can be accomplished when you do it right and play the FICO Credit Game.
Message 4 of 5
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Frequent Contributor

Re: High Balance

Awesome, thanks!



Message 5 of 5
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