Posted on: 18th Mar, 2013 03:11 am
Hi there… I filed bankruptcy Chapter 7 last month and most of my creditors are updating the credit reports with "IIB". My mortgage company did that yesterday and it shot my score up over 100 pts??? Will my score go back down post discharge?
hi guest,
that's really strange! normally filing bankruptcy and getting it reported on the credit report reduces the scores. after you get a discharge, you may see a downward turn in your scores.
thanks,
jerry
that's really strange! normally filing bankruptcy and getting it reported on the credit report reduces the scores. after you get a discharge, you may see a downward turn in your scores.
thanks,
jerry
Hi Guest!
Welcome to the forums!
I agree with what Jerry has said. There are high chances that your scores will reduce once you receive a discharge from your bankruptcy filing and it gets reported to your credit file.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
I agree with what Jerry has said. There are high chances that your scores will reduce once you receive a discharge from your bankruptcy filing and it gets reported to your credit file.
Feel free to ask if you've further queries.
Sussane