FICO Scores

[nervousgal]

We filed Chap 7 on 11/27/07 due to a failed business with lots of personal guarantees on biz debt. We had good FICO scores before 700+. How low can we expect our scores to go. I just checked and they are in the mid 500's now....will they go lower?

Thanks!

[halloweendmb1]

it really depends upon how the creditors will report once the bk is discharged. Try to get them to report $0 past due, closed and zero balance if you can. I have since scores in the high 600's within 1-2 years after bk discharge