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Do i need to be concerned about charge offs on my credit

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    Do i need to be concerned about charge offs on my credit

    Debt included in Bankruptcy/Account charged off. This is what amex said. What should it say after being discahrged
    Chapter 7 Filed 10/17/07
    341 mtg. 11/15/07
    Discharged 2/19/08
    Closed on 2/26/08

    #2
    Depends on whether the charge off was done before or after you filed. If it came before, then the AmEx account can continue to say "charge off" forever, but it cannot list a balance. If it came after filing, then it should change to IIB (included in bankruptcy).
    I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

    06/01/06 - Filed Ch 13
    06/28/06 - 341 Meeting
    07/18/06 - Confirmation Hearing - not confirmed, 3 objections
    10/05/06 - Hearing to resolve 2 trustee objections
    01/24/07 - Judge dismisses mortgage company objection
    09/27/07 - Confirmed at last!
    06/10/11 - Trustee confirms all payments made
    08/10/11 - DISCHARGED !

    10/02/11 - CASE CLOSED
    Countdown: 60 months paid, 0 months to go

    Comment


      #3
      thanks yeash they must have done it quick i [paid up until 6 months before my case was filed
      Chapter 7 Filed 10/17/07
      341 mtg. 11/15/07
      Discharged 2/19/08
      Closed on 2/26/08

      Comment

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