nikkoslilmouse wrote:I keep hearing about people that filed bk and still have good scores right after. Mine will be 7yr in August and we are still having a hard time getting ours up where they should be. Of course before we filed we were not late on any credit cards or auto payments,we did not have a morgage; but no one told us that we could reafirm anything and we lost the best credit cards we ever had and come to find out the attorney that told us to file was wrong. All we were trying to do was get out from under a truck that we had traded in that the dealer did not pay off instead he let someone he knew take over the payment and they were late. Right after we filed the Bank that had the loan called and we worked it out to pay off the 800.00 and they did not report the late pay to the bureaus, but the BK was final and we could not go back and it has been a land slide every since. Of course for the last 3 yrs we have been paying cash for everything as we thought that was a good thing since it showed we could live within our means and not on credit. WRONG:. But now we just bought our first ever brand new auto I made our 1st payment on our 18th Wedding Anniversary 3/31/2007 and we now have 3 credit cards between us that we have not been late on I am just waiting to see if my scores go up any as they have not yet. I know we have a few Collections but they keep updating the dates so I dont look for my scores to go anywhere anytime soon.Your story sounds familiar. I too did not immediatly begin rebuilding becuase I thought BK was a death nail in my credit file. My scores stayed low for quite some time. If an item is included in BK it should show a 0 balance due and it should not be updated as it has been discharged. Everything from that time period should be falling off by now. I'm down to one or two. Start repairing your credit file and apply for new revolving credit. Keep utilization low (wish I had known that in the beginning) and your scores will improve dramatically. I'm up over 100 pints since Sept of last year
@Anonymous wrote:Most conventional loans require two years of perfect payment history after BK and it looks as if you've past that.
Is that 2 years from the filing date or discharge date?