What happens after BK acct paid?

Discussion in 'Credit Talk' started by nickpaige, Mar 18, 2003.

  1. nickpaige

    nickpaige Well-Known Member

    once an account that was "incl in bk" has been paid off in full/completely/according to agreement- does that notation change to "paid as agreed"? I have one acct that is incl in bk - and want to pay it off; however, I want to make sure it will go to a positive status. Is it possible?
     
  2. kelcol

    kelcol Well-Known Member

    Was it included in the bk or did you reaffirm the debt?
     
  3. nickpaige

    nickpaige Well-Known Member

    The situation is that a co-borrower on an auto-loan declared bk last year. This is being reported negatively on my cr. I want to pay off the car and purchase a new one. I have been paying this loan monthly for years, never late, still has a balance. It is reported as "incl in bk" and I want to be sure that if it is paid then it will be reported as paid as agreed.
     

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