I posted this the other day but no replys. How many points can you expect to gain when the ch13 drops off?
You didn't get an answer because it is impossible to know. By the time a chapter 13 is 7 years old and ready to fall off, it doesn't have much impact on your score. Sure, you will get some increase, but I think I recently read that someone had a 13 fall off and got 1 pt.
I am going to take a guess at this. Since my bk-13 is due to fall off in 10/2003. I recently had a Citibank charge-off fall off. This charge off was listed with my bk-13 but Citibank decided to ignore this and gave it a charge. charge-off. So my credit reports show a bk-13 and a charge-off. I disputed this notation and it was removed. CE gave me a 33 point increase. So I guess a fallen bk-13 is worth around 25-35 points. No matter what the impact most prime cc will deny you with the bk notation even if you score is in the 700's. Best regards, Mirage
