FORCLOSURE / BK DISCHARGED 10/2008

CreditLadi · ‎05-14-2009

Hi all! I'm new to the forums and have a question. I've been rebuilding since December 2008 (immediately after my BK was discharged. I had a mortgage that was IIB but it was sold to another lender and forclosed and it just popped up on my credit report today 5/14/2009.

I currently have 6 CCs with limits ranging from $300-$4500 all paid as agreed and a $1474 balance on the $4500, a new car loan, Crown Jewelers $2500 CL all are new accounts - opened between Jan - May 2009.

No collection accounts.

My FICO scores are TU 568 and EQ 642.

Hopefully I've supplied enough info, if not please let me know and I'll give more.

Thanks!

How bad will this hurt my score?

AndySoCal · ‎05-14-2009

What happened to the mortgage account during the bankruptcy? is the foreclosure correct?

FICO Scores XPN v8 802 V2 831 (SDFCU) TUC bankcard 797 08/2024 EFX 811 Bankcard v8 811 EFX 811 FIC0 v8 (09/2024)
Discover IT 09/90, 19000, JC Penney 10/2008 4700, US Bank Cash 08/2010 12,000 Citibank Custom Cash 5/2015 11,100 State Dept. FCU 20,000 06/2023 , 02/2024 Redstone FCU Signature VISA 10,000 08/23/2024 Langley FCU Signature Cash Back Visa 10000
Bank: Ally Bank Credit Unions: Lafayette FCU Fortera FCU State Department FCU Pelican State CU Redstone FCU Hughes FCU, LangleyFCU
My personal blacklist Bank of America Synchronny Bank Wells Fargo Capital One TD Bank

CreditLadi · ‎05-14-2009

The mortgage was included in the BK and has been since deleted from EQ and the late payments were removed from TU. Now that they sold the note to a NEW lender, they (the new lender) are the company who's reporting the Foreclosure.

CreditLadi · ‎05-14-2009

During the BK I asked to surrender the house and I moved out in Nov. 2008 and I didn't hear anything else from the OC. On my credit report the OC's has a statement that says the account was Transfered/Closed.

CreditLadi · ‎05-14-2009

BUMP...

Anonymous · ‎05-15-2009

Hello,

I can't help you, but since your question was more of a scoring question than rebuilding, I moved your post here to the GCI board where I hope you can get some better input.

Having a new foreclosure report could likely do a lot of damage. I don't know much about BK and the laws of it, but maybe someone can chime in on how they have reported and if they have reported correctly.