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Discharged Paid Out

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Anonymous
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Discharged Paid Out

Smiley SadWhen I was going through bankruptcy my attorney told me that since I was paying in full this would really help my credit rating. But none of the bureaus will make note of this fact though I have sent all of them the final papers from the bankruptcy trustee which say BANKRUPTCY PAID OUT. PAID OUT, according to the Trustee office, means that the debts were fully paid out. I sent a letter to that effect finally to all the credit bureaus, rather than simply sending the final paper out, explaining the meaning of PAID OUT and the importance of including it. But once again it is not included in the first credit bureau's report sent to me.  Do I have a right to demand it be included or should I just put in a statement under each account saying " Debt paid in full". That just does not seem right.  Robyn
Message 1 of 6
5 REPLIES 5
Anonymous
Not applicable

Re: Discharged Paid Out

As a rule it is not the best idea to add consumer comments to your CRs...
 
Rob
Message 2 of 6
Anonymous
Not applicable

Re: Discharged Paid Out

Are credit bureaus required to indicate that I paid the entire debt or not by adding the "paid out"?
Message 3 of 6
brendini
New Contributor

Re: Discharged Paid Out

They should have reported as Paid In Full once the bankruptcy was resolved.  

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Message 4 of 6
Horseshoez
Senior Contributor

Re: Discharged Paid Out


@brendini wrote:

They should have reported as Paid In Full once the bankruptcy was resolved.  


Based upon what?  That and you do realize you're responding to a post in a thread from 18 years ago.

Chapter 13:

  • Burned: AMEX, Chase, Citi, Wells Fargo, and South County Bank (now Bank of Southern California)
  • Filed: 26-Feb-2015
  • MoC: 01-Mar-2015
  • 1st Payment (posted): 23-Mar-2015
  • Last Payment (posted): 07-Feb-2020
  • Discharged: 04-Mar-2020
  • Closed: 23-Jun-2020

 

I categorically refuse to do AZEO!

In the proverbial sock drawer:
Message 5 of 6
Mfaiz
Moderator

Re: Discharged Paid Out

Due to the age of this thread, it will be locked in order to keep discussions current. If you have the same or a similar question/issue we invite you to start a new thread on the topic. Thank you.

Message 6 of 6
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