What do you mean by 'hiding' the Ch7? You cannot have it removed from your credit report at all because it is a public record. It will be on there for 10 years regardless. Same with any accounts that are on your CR that show as IIB. They may or may not drop off at the discretion of the creditor, but you cannot have them removed.
@Anonymous wrote:Hey guys, new member long time lurker.
My goal for this post is to get some help on basically what my next steps should be and some answers to a couple questions.
So currently I have 3 cards and no loans.
I am also on my Fiancee's cards as an AU, as she has good credit and no bad marks on it. (790 score).I was discharged in late April (4/29) from Chap 7.
My Current cards with starting limit and date opened (starting limit are also current as I feel I have not had these long enough to ask for an increase)
Discover It Secured - 500 (7/15/21)
Ollo - 2000 (7/18/21)
Capital One - 3000 (10/25/21)
I burned the following. (Sorry I do not recall my balances at filing)
Capital one - 9000 CL
Citi - 7000 CL
Kohls - 3000 CL
Tire Kingdom (I think this was synchrony) - 10000 CL
Synchrony (Amazon) - 7000 CL
Volvo Financial - (2 months left on lease at time of filing, $500~ left)
My plan of attack now that I have 3 cards is as follows, let me know if you see holes.
Discover - Add to all subscriptions (Youtube music, Amazon Prime, etc.(maybe $100/mo)).
Pay in full every month when I get statement. (going to look into autopay)
Will also be using for Gas - Trying to maximize my cash back on this card.
Ollo - Likely leave this at 0 balance and use when booking hotels, rental cars, or general needs such as groceries and paying it off monthly.
Capital one - Planning on putting all my bills on autopay and paying monthly (Car insurance, Power, Water, internet, roughly $350 a mo).For a loan I was thinking of using Self and just doing the $25/mo rate.
I was also thinking of going with the MyFico monthly, as im also going to start looking into disputing items on my report as well as hiding the CHP7 and id like monthly-bi monthly feedback as I go.
MyFico doesnt offer this service though, so was also considering credit verso but wasn't sure how accurate their score is.
Discover should graduate from what ive read here, in 7-8 months from open, so im hoping for a 2k CL and at that time ill likely request a CL incrase through Ollo, and wait until June to ask CapOne.
Going to start new car shopping June-December depending market at that time, for now I have a few cars with no payments that I own/drive, we just went to the kia dealership for my fiancee and while her car is worth a good penny now, we're not interested in paying 20k dealermarkup.
Experian is showing my score at 673, but id like to wait until I have actual reports in hand before I start posting any numbers.
I know I need some form of loan to further my credit which is why I was thinking Self.
I'm also wondering what everyone is using to check their reports (mainly get accurate scores)?
Are there any other cards I should look into? I saw something about Apple (though not an apple guy so id use it elsewhere if at all)
Thank you for any suggestions, help, words of wisdom, or just flat calling me out because my thought process is bad lol.
Can you get into NFCU? Their SSL is great. Your not going to hide a BK. And disputing will kill your scores even more. If it says IIB and $0 balance. Theres nothing to dipute. Successful rebuild will be just fine. Hold off on a new car for a year to get better finance rates. Plus let the crazy car market calm down with this chip shortage. You buy now and then here comes the chips and proces will drop.
@Anonymous wrote:MileHigh96
What do you mean by 'hiding' the Ch7? You cannot have it removed from your credit report at all because it is a public record. It will be on there for 10 years regardless. Same with any accounts that are on your CR that show as IIB. They may or may not drop off at the discretion of the creditor, but you cannot have them removed.
Hey MileHigh so im planning on using the method outlined on this very forum combined with a couple found/posted more recently in a couple facebook groups. The search bar has really worked wonders for me honestly.
You cannot remove it from Public Record, but from your credit report, yes you can.
Also to my knowledge you cannot seal the Public Record either.I refered to it as "hiding" as thats how it seems to have been refered to more recently on this forum.
There are many steps, but basically ill just be making the 3 verify the bankruptcy which they wont actually be able to because the courts do not verify.
Obviously it is fraud if you lie about it on a mortgage or other application where it may specifically ask about your bankruptcy history, which I do not intend to do.
The CRA's dont look for court cases. Third parties that the CRA's hire tell them when a BK is filed. The UTube junk is just that. We'd all be millionaires if it was all legit. Thats all I'll say. Talking about about removing such things on here is against the TOS. Good luck but it wont happen.
@Anonymous wrote:MileHigh96
What do you mean by 'hiding' the Ch7? You cannot have it removed from your credit report at all because it is a public record. It will be on there for 10 years regardless. Same with any accounts that are on your CR that show as IIB. They may or may not drop off at the discretion of the creditor, but you cannot have them removed.
Hey MileHigh so im planning on using the method outlined on this very forum combined with a couple found/posted more recently in a couple facebook groups. The search bar has really worked wonders for me honestly.
You cannot remove it from Public Record, but from your credit report, yes you can.
Also to my knowledge you cannot seal the Public Record either.I refered to it as "hiding" as thats how it seems to have been refered to more recently on this forum.
There are many steps, but basically ill just be making the 3 verify the bankruptcy which they wont actually be able to because the courts do not verify.
Obviously it is fraud if you lie about it on a mortgage or other application where it may specifically ask about your bankruptcy history, which I do not intend to do.
I'm sorry but none of that is accurate. You absolutely cannot remove or 'hide' a BK from your credit report. A Ch13 will be there 7 years and a Ch7 will be there for 10, there's nothing you can do that will change that. And as @FireMedic1 said, discussion of trying to do that is against the TOS here and for good reason, because it cannot legally be done, so I highly doubt there are discussions on this forum about doing it.
You can do plenty to rebuild your credit the right way and as time goes by, the BK will affect things less and less. You just have to suffer through it like everyone else that filed BK had to do, there is no such thing as a 'quick fix' and anyone that tells you that it can be done is selling you snake oil.
