Rayp2 Posted November 18, 2005 Report Share Posted November 18, 2005 Hello and thank you all for the very helpful information and for your time. I have a question about a creditor reporting post ch7 bk (discharged 06/05). Can a creditor report in november that an account is 120 days past due when the debt was discharged in june 2005? The prior reporting in October was "unrated." I've been looking for answers in the FCRA but can't come up with anything. I did find a letter on here which addressed "charge off" post bankruptcy, would that be the same thing?Any help would be greatly appreciated Ray Link to comment Share on other sites More sharing options...
Alexander Posted November 18, 2005 Report Share Posted November 18, 2005 You might check out the FCRA opinion letters.First off, don't get hung up on how any Included In Bankruptcy (IIB) account is listed. The important thing is to go for deletion. I suppose that technically a creditor can report that an account that was actually 120 days late before BK was filed is IIB and 120 days late. The listing should look something like this: "Included in chapter 7 bankruptcy-120 days late."FCRA Opinion letters:http://www.ftc.gov/os/statutes/fcra/ Link to comment Share on other sites More sharing options...
Rayp2 Posted November 18, 2005 Author Report Share Posted November 18, 2005 thanks so much for replying so quickly, I appreciate it!My original intent was to dispute this account as it appears twice on my report. WHen I notified TU, they sent a letter back saying verified and updated. The update they made was from "unrated" to "120 days past due." THis 120 days past due was never reported until I diputed the account. Not sure what to do next.THanks for the link... Link to comment Share on other sites More sharing options...
beeboah Posted November 18, 2005 Report Share Posted November 18, 2005 No they cannot after the BK date, this might be hurting your score...I got 2 points back on EX after getting them to take the post BK late off. I think that the creditors (especially Capital One) do that to hurt you deliberately in the hope that you won't notice. Link to comment Share on other sites More sharing options...
Alexander Posted November 18, 2005 Report Share Posted November 18, 2005 I say again, if the account was actually late BEFORE the BK was filed then they can report the late. Otherwise it should be listed as included in ch 7 bk. The date of status or the date of last activity, depending on which credit report you are looking at, must be the date the BK was FILED. Link to comment Share on other sites More sharing options...
beeboah Posted November 18, 2005 Report Share Posted November 18, 2005 I think that OP is saying that they populated his CR with a CO or a late after the BK.They cannot do that.Unless I read this wrong? Link to comment Share on other sites More sharing options...
Alexander Posted November 18, 2005 Report Share Posted November 18, 2005 That is correct.In any case the more reporting errors the better. It gives one more to sue with. Link to comment Share on other sites More sharing options...
beeboah Posted November 18, 2005 Report Share Posted November 18, 2005 he he, if you want the lates off you might want to try this...has worked 100% of the time for me...Call the CRA and tell them that it is not an accurate statement to say that a chargeoff occurred after my Bankruptcy on "x" date. Link to comment Share on other sites More sharing options...
Alexander Posted November 18, 2005 Report Share Posted November 18, 2005 Yes but you are admitting to the CRA that the account is yours. Going for deletion is best. Link to comment Share on other sites More sharing options...
beeboah Posted November 19, 2005 Report Share Posted November 19, 2005 Yes but you are admitting to the CRA that the account is yours. Going for deletion is best.Well if you have DV'd the account 8 times and haven't gotten anywhere (like I have) then maybe that is the best move.I don't think the CRA will remember the conversation a few months down the line when you DV again.In the meantime, I prefer a "snack", that is to say I want as many points as I can right now. (especially before my car breaks down) Link to comment Share on other sites More sharing options...
Alexander Posted November 19, 2005 Report Share Posted November 19, 2005 Yes but you are admitting to the CRA that the account is yours. Going for deletion is best.Well if you have DV'd the account 8 times and haven't gotten anywhere (like I have) then maybe that is the best move.I don't think the CRA will remember the conversation a few months down the line when you DV again.In the meantime, I prefer a "snack", that is to say I want as many points as I can right now. (especially before my car breaks down) No. Negative. All information that you submit to any CRA by any means is recorded permanently until after you die. DLT tape is cheep. Link to comment Share on other sites More sharing options...
beeboah Posted November 19, 2005 Report Share Posted November 19, 2005 wow, but I still say that it is doubtfult that that your average rep is going to be pulling up your prior conversations during each and every interaction over the phone... Link to comment Share on other sites More sharing options...
Alexander Posted November 20, 2005 Report Share Posted November 20, 2005 Well I still think that the goal should be deletion. Getting the details about how a negative is listed is a waist of ones time. Generally is true that you can re-dispute a negative item after about 3 to 4 months of inactivity on the disputers part. This has much to do with CRA policy and little to do with the CRA's forgetting their past interactions with US citizens. Link to comment Share on other sites More sharing options...
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