Chapter 13 BK and a Collection...

Discussion in 'Credit Talk' started by Zaphod, Aug 26, 2001.

  1. Zaphod

    Zaphod Well-Known Member

    I have a buddy of mine that came to me today and ask a question I did not know the answer to, so I figured the pals at creditnet could help!

    His question to me was this "I had a BK13 filed in 11/97 and on my Experian and Equifax it shows an open collection with last activity and status of 12/97. It then says this record will remain on record until 2/04. This collection was filed in my BK13 plan. I have tried disputing directly through the CRA but nothing happens. Should I:"

    1) Continue disputing it through the CRA's with proof


    2) Dispute it directly with the CA stating that is was included in the BK13 and to update as a non-active collection.

    Now if he disputes it with the CA will the date of last activity or status changes to 8/01 and thus be on record from 7 years from 8/01?

    Any advice or knowledge would be well appreciated. Thank you.

    ---> Zaphod
  2. roni

    roni Well-Known Member

    Date of activity will remain the same. Date of status will update to 08/01. Should not report until 08, but FICO uses activity date for scoring model. Will lower his scores....

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