Looking at Credit Report

[mummsie223]

I am looking on FreeCreditReport.com. Why is it not reporting any of the payments that I have been paying since filing January 2010? Everything says that Payment Plan for January 2010 and then no other reporting. Mortgage, 2nd and van are paid outside of the 13. Why aren't they reporting current? I have made each and every payment on time since the time of filing.

Score went from 545 prior to filing to now 594.

[SMinGA]

Probably because you were just recently confirmed. Until confirmation, automatic stay is in effect.

[angel7821]

I also got my free credit report and found nothing was reported current either. I called Toyota Financial (which is where I make my car payments to) and they said they would not be reporting my payments to the credit bureaus anymore. I was very disappointed to hear that since I have 17 payments left on the loan. I was hoping it would help to raise my credit score. How are we supposed to get our credit scores raised if no one is reporting our on time payments?

[ugghh]

I also got my free credit report and found nothing was reported current either. I called Toyota Financial (which is where I make my car payments to) and they said they would not be reporting my payments to the credit bureaus anymore. I was very disappointed to hear that since I have 17 payments left on the loan. I was hoping it would help to raise my credit score. How are we supposed to get our credit scores raised if no one is reporting our on time payments?

Did you reaffirm or just keep current. I have heard that if you don't reaffirm they do not report anymore but typically if you do reaffirm it will show on your report.

[mummsie223]

The mortgage, 2nd and van aren't reporting. 6 months of completely on time payments. I was really hoping that would help my score.

What does it mean to reaffirm? We were just told to continue making our payments outside of the plan.

[NoTomatoCan]

The mortgage, 2nd and van aren't reporting. 6 months of completely on time payments. I was really hoping that would help my score.

What does it mean to reaffirm? We were just told to continue making our payments outside of the plan.

Your signature line says you were confirmed just last month! Why so concerned about your credit score at this point in your bankruptcy?

Give it some time...

[mummsie223]

I know. I am not the most patient person. :-)

[momtoroxy]

I did not file a 13, but my 7 was discharged in January. Our case is still open due to a possible accident settlement. Toyota is still reporting wrong, even though we signed a reaffirmation agreement. The lawyer said it won't report correctly until my case is closed! No what I wanted to hear.

[ugghh]

The mortgage, 2nd and van aren't reporting. 6 months of completely on time payments. I was really hoping that would help my score.

What does it mean to reaffirm? We were just told to continue making our payments outside of the plan.

The reaffirmation is when you actually sign a document with the lender after you filed bankruptcy to state that you are basically not including them in the bankruptcy.

There is also something that is called a ride through, where you don't sign the papers but continue to pay. Usually the lender does not have a problem with you keeping the secured property (house, van) if you continue to pay on time.

From the last sentence above, it sounds like you are doing a ride through. Typically ride throughs will not show current activity on your credit report. Reaffirmations usually do show up on your credit report.

Hope that makes sense.

[momofthree]

There are no reaffirmations in ch.13 bankruptcy.

[ugghh]

There are no reaffirmations in ch.13 bankruptcy.

ahhhh... I am learning everyday

[SMinGA]

Reaffirmations happen in a chapter 7, not chapter 13.

The reaffirmation is when you actually sign a document with the lender after you filed bankruptcy to state that you are basically not including them in the bankruptcy.

There is also something that is called a ride through, where you don't sign the papers but continue to pay. Usually the lender does not have a problem with you keeping the secured property (house, van) if you continue to pay on time.

From the last sentence above, it sounds like you are doing a ride through. Typically ride throughs will not show current activity on your credit report. Reaffirmations usually do show up on your credit report.

Hope that makes sense.