cancel
Showing results for 
Search instead for 
Did you mean: 

**UPDATE** 1 DAY TO DISCHARGE!!!

Highlighted
Valued Member

**UPDATE** 1 DAY TO DISCHARGE!!!

Smiley HappySmiley HappyIt almost feels like Christmas! It's been a long 60 days. I'm curious to know how soon will the credit bureaus be informed of the discharge and reflect my Chapter 7 as such on my credit reports. What was your experience after Pacer updated?



  



Chapter 7 BK Filed: 3/26/2019 DC: 7/9/2019
Chapter 13 BK Filed: 4/2017 Dismissed: 3/2019
Message 1 of 13
12 REPLIES 12
Highlighted
Super Contributor

Re: 1 DAY TO DISCHARGE!!!

The CRA's are notified by third party companies that monitor public records. It takes about the same time for the BK filing to show up as does the discharge. Give it a couple days. And congrats!





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 13
Highlighted
New Contributor

Re: 1 DAY TO DISCHARGE!!!

Today was my day for objection to discharge, so does that mean I will be discharged tomorrow? And congrats. I'm also hoping the CRA's update all my info quickly too. I'd like to see what effect it will have; also so I can get my federal student loans back into my IBR quickly.

FICO 8 on 5/31/19 ~~ EQ: 608, TU: 545, EX: 585
BK 7 DC'd 7/9/19
FICO 8 on 07/25/20 ~~ EQ: 675, TU: 658, EX: 651
FICO 9 on 07/26/20 ~~ EQ: 661, TU: 687, EX: 636

Indigo $300 [O: 05/'19; C: 03/'20]
Credit One $650
Fingerhut Credit $1,000
NFCU CashRewards $2500
Ollo Rewards Mastercard $1,700

EQ FICO 9 from NFCU on 07/03/20: 650
AAoA: EQ - 7yr11mo, TU - 7yr11mo, EX - 5yr4mo (as of 07/26/20); INQ are 4 EQ, 3 TU, and 6 EX.

My DPs: mainly 1099 worker w/ ~3k/mo income, 1 private student loan and 2 federal consolidated loans ~75k IBR, had perfect 5 year payment history with 0 derogs until 90 day lates prior to filing BK. Burned Sync (Carecredit, Newegg), Discover IT, Cap 1 (2 cards), Chase (2 cards), Barclays, Comenity (Wayfair) and Target.
Message 3 of 13
Highlighted
Valued Member

Re: 1 DAY TO DISCHARGE!!!

Congratulations! I recently filed for bankruptcy on June 25th, haven't even done the 341 meeting yet but I'm so ready for this to be over! I have question for you if I can ask, when did you start rebuilding if you haven't been discharged yet? Best of luck to you with your rebuilding process! Smiley Happy





Message 4 of 13
Highlighted
Valued Member

Re: 1 DAY TO DISCHARGE!!!

My objection to discharge was yesterday as well. As of this morning, Pacer has updated twice. Once to enter an order of discharge and just a moment ago it updated to show Case Closed - Final Decree and Close Bankruptcy Case. 

 

FINALLY!!!! Smiley Happy



  



Chapter 7 BK Filed: 3/26/2019 DC: 7/9/2019
Chapter 13 BK Filed: 4/2017 Dismissed: 3/2019
Message 5 of 13
Highlighted
Valued Member

Re: 1 DAY TO DISCHARGE!!!


@pcd1love2u1 wrote:

Congratulations! I recently filed for bankruptcy on June 25th, haven't even done the 341 meeting yet but I'm so ready for this to be over! I have question for you if I can ask, when did you start rebuilding if you haven't been discharged yet? Best of luck to you with your rebuilding process! Smiley Happy


I started rebuilding while I was awaiting discharge. The first 30/60 days of waiting I spent time making sure my report was accurate. I made sure all of the accounts included in the bankruptcy reflected IIB and 0/blank balance across all of the credit bureaus. I got a significant score boost during this time as the accounts updated. After all were updated, I checked Cap1 for prequal and got the Platinum. At the same time, I got a mail offer for the Indigo( wish I would've not got this one but Smiley Indifferent). Just recently I got the Ulta card. Off to the Garden I go( skips away) Smiley HappySmiley Happy



  



Chapter 7 BK Filed: 3/26/2019 DC: 7/9/2019
Chapter 13 BK Filed: 4/2017 Dismissed: 3/2019
Message 6 of 13
Highlighted
New Contributor

Re: 1 DAY TO DISCHARGE!!!

@Miamor1  congrats! I just checked mine and it hasn't updated at all. Hopefully later today... that would be nice, lol.

 

ETA: mine just updated a little after noon. YAY!

FICO 8 on 5/31/19 ~~ EQ: 608, TU: 545, EX: 585
BK 7 DC'd 7/9/19
FICO 8 on 07/25/20 ~~ EQ: 675, TU: 658, EX: 651
FICO 9 on 07/26/20 ~~ EQ: 661, TU: 687, EX: 636

Indigo $300 [O: 05/'19; C: 03/'20]
Credit One $650
Fingerhut Credit $1,000
NFCU CashRewards $2500
Ollo Rewards Mastercard $1,700

EQ FICO 9 from NFCU on 07/03/20: 650
AAoA: EQ - 7yr11mo, TU - 7yr11mo, EX - 5yr4mo (as of 07/26/20); INQ are 4 EQ, 3 TU, and 6 EX.

My DPs: mainly 1099 worker w/ ~3k/mo income, 1 private student loan and 2 federal consolidated loans ~75k IBR, had perfect 5 year payment history with 0 derogs until 90 day lates prior to filing BK. Burned Sync (Carecredit, Newegg), Discover IT, Cap 1 (2 cards), Chase (2 cards), Barclays, Comenity (Wayfair) and Target.
Message 7 of 13
Highlighted
New Contributor

Re: 1 DAY TO DISCHARGE!!!

Lol "long 60 days"?  Try being in a 13 for a "long 60 months".

Message 8 of 13
Highlighted
Valued Member

Re: 1 DAY TO DISCHARGE!!!


@wantitgone wrote:

@Miamor1  congrats! I just checked mine and it hasn't updated at all. Hopefully later today... that would be nice, lol.

 

ETA: mine just updated a little after noon. YAY!


Congrats!!



  



Chapter 7 BK Filed: 3/26/2019 DC: 7/9/2019
Chapter 13 BK Filed: 4/2017 Dismissed: 3/2019
Message 9 of 13
Highlighted
Valued Contributor

Re: **CASE CLOSED** 1 DAY TO DISCHARGE!!!

Miamor1,

 

It was so exciting for me. My discharge was the end of a bunch of bad things in my life. I actually went to the bankruptcy court office and got a copy of my papers with a real signature. 

 

It took 30 days for everything to update. I did have to dispute a things, but everything was reporting as it should within 60 days.

 

I did get approved for 2 secured cards and a secured loan the day my bankruptcy discharged.

 

Good luck and keep us informed of your rebuild!

 

Guyatthebeach

Message 10 of 13
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.