Congratulations!
@pizza1 wrote:
@Anonymous wrote:Congrats Pizza!!!!
I have a question tho, why those 6 IIB accts that are due to fall off in the next 4-6 months off but your BK will stay on your report until 2023? I don't quite understand, sorry newbie here. Thank you
@Anonymous....Those negative accts, regardless that they were IIB, still follow the rule of "DOFD" (date of first delinquency). The DOFD on those accts were a year prior to my BK filing, so that was in 03/2012. Following the DOFD rules, those accts drop off after 7 yrs, putting them in a 03-04/2019 fall off.
BK-7's stay on your reports for 10 yrs from your BK file date. I filed in 05/2013, so my drop off will be 04-05/2023.
Thank you so much Pizza.