After many, many hours of reading forums, countless open tabs, and google searches - I think I'm ready to ask for input on what my best course of action(s) will be for getting my credit report to a healthier place. My goal isn't percisely defined, I just don't be held back by the wreckage I have created while in a spirial of unfortunate circumstances and extreme hardship... At least so it's there to build on when I'm ready, or for a mortgage or something in the upcoming years. It's not a race, it's a marathon... right?
TU (484):
Total Open Accts - 13
> Portfolio Associates Recovery $848
11/2016 UNPAID (SOL exceeded)
> Portfolio Associates Recovery $980
02/2018 UNPAID (SOL exceeded) -- This acct has the same DOFD as the one above. Unsure of why they didn't open collections on it until two years later... Well, maybe I do. Anyways...
> Dept of Ed/Nelnet $55k
There are 11 accounts/FSL loans open under them. Unfortunately, I managed to rack up 6 late payments on all 11 of them 10/2018 - 3/2019. So, 66 (of my 70 total) late payments are a result of this. There was a retroactive deferrment granted effective 1/2019. While my BK 13 was ordered to be dismissed 5/2018 by the trustee, I have documentation the case wasn't "closed" until 8/2018... I'm going to see if this will extend the BK forbearance, which would put first 90 day late to be reported on 1/2019. Ideally, disputing with CRA showing documentation for retro derferment will take care of those. I hope, at least. If not, I'll go for the FTC advisory opinion of Section 623(a)(2) of the FRCA to Nelnet following the CRA dispute attempt.
Total Closed Accts - 4
> MGLW (Utility Bill in TN where I filed BK) $211
8/2018 UNPAID Acct type listed as "Other"
> First Premier Secured $99
2/2018 UNPAID and I just got a CA letter for this debt yesterday which I made a hefty validation request for
(balance was only $27 at DOFD 4/2018, ugh)
> SYNCB/Belk $0
$317 PAID IN FULL on 8/2015 (30 days after CO)
Sent GW Letter (no response)
> Barclays $0
$2284 PAID IN FULL on 2/2015 (90 days after CO)
Inquiries - 14
11 of these will fall off by 1/2020
Public Records - 1
> DISMISSED Chapter 13 BK
2/2018 - 5/2018
Also, I'd just like to note that this was filed in a state I "lived" in for a whooping 110 days... I know that doesn't *change* anything... Just adds some context to, idk, maybe accuricies or inaccuricies that could be brought into question in future or something? And after this dismissal, QUITE a few accts didn't reappear on my credit reports... and it's been over a year. I've lost so many files that I couldn't even tell you everyone that's simply not reporting after word of my filing.
Note: I do have the list of accounts/creditors that my BK lawyer sent noticies out to... If that could be helpful - I'm not sure. Just information, if needed.
EQ (514):
Total Open Accts - 11
> Dept of Ed Loans
Total Closed Accts - 9
> MGLW
> Portfolio AR
> Portfolio AR
> First Premier
> Barclays
> SYNCB/Belk
> Franklin Collections Services $38
4/2019 UNPAID
> University (Perkins) Student Loans (2)
$1782 and $7018 both say "Collections Acct" although no CA reporting on them to CRA.
Inquiries: 26
Again, about 23 fall off 1/2020
Public Records:
> DISMISSED Chapter 13 BK
EX (581):
Total Accts Closed - 18
> Dept of Ed
All 11 of them are listed as closed (still) - I disputed this in July, and while they are still listed "closed" the updated results of the CRA dispute gave me a 50 point boost!
> MGLW
> Portfolio AR
> Portfolio AR
> SYNCB/Belk
> Barclays
> First Premier
> Franklin CS
> IC Systems Inc $265
5/2019 UNPAID
Inquiries: 20
As the others, 16 fall off 1/2020
Public Records:
> DISMISSED Chapter 13 BK
Whew! In these ground breaking stages, I've also tackled deleting all my old addresses, as well as ordering all of my consumer reports that seemed relevent/had ever heard of. Believe it or not, I've already went through two books of stamps with the nothingness it looks like I've done.
I guess I just need guidance on how to pursue these CA and paid CO accounts. And how many times should I send/resend my letters after the initatal request is declined? How often should I send them... I was thinking every 60 days? Honestly, any wisdom and/or experience is appreicated. I know I direly need good standing accounts... The only positive I have on these reports is the length of accounts (6 yr 11 months), so I plan on signing up for Self Lender sometime this month... But the last thing I want to do is create any over-extending of myself financially, otherwise I'll be posting again in 4-5 years with more wreckage... and then what would all this be for. Ha! Go easy on me, just a little, if you will... I know it's pretty bad, but I also know that staying on top of it from this point forward and chipping away at the damages that have already incurred is putting me in a better position than ignoring it until I'm in a place where credit is needed or time-sensitive.
Thanks for the read. I'm excited for rebuild and the growth that comes from it all.
