I have two credit card companys included in my BK 7. the company's are JC Penny and Capital One. The JC Penny balance was $245.00 and the Capital One was about $400.00 besides others that where personal loans. My BK 7 is 3 years old. Since these two accounts are a small amount and now I can afford to pay them off. What kind of deal should I make with the JC Penny and Capital One to pay them off. Is this a good idea or not? What could happen if I called them up and wanted to pay them off now. What should I say or what type of letter should I give them? What could this do to my scores if I was to pay them off?
Do yourself a favor and forget it. Paying them off is not going to increase your score, because your credit reports should reflect a $0 balance anyways due to your discharge. Hope that helps.
