Discharged Bankruptcy advice

[wolfmanjak]

I was declared bankrupt in 2004 and discharged in 2005. I recently viewed my credit file and was surprised to see that 3 of the lenders ( banks ) are still reporting the debts as a default each month ? The other accounts are shown has settled. I wanted to try to re-build my credit score, which I know will be very difficult, but how come these banks are still reporting as defaults each month after nearly 5 years of being discharged ?

[factor-fiction]

I am not surprised although I don't know the rules on this- I'll see what I can find

[ABerrant]

http://www.insolvency...ical/creditrating.htm

[trt]

I think its 7 years after discharge before cleared.

[factor-fiction]

http://www.insolvency...ical/creditrating.htm

It looks like it stays on your credit file for 6 years, although the entry should be marked to reflect the bankruptcy. How old is the debt in question?

[themas]

The bankruptcy should be noted separately on your file. This entry should be removed 6 years after you went bankrupt.

The debts to the banks were written off when you were discharged from bankruptcy so they no longer exist & should have been marked as settled. Take this up with the banks, & with the credit ref. agency.

[aliyahwestling]

Ask for a free consultation with your bankruptcy attorney and ask questions about experience and education. Most lawyers offer free consultations, so talk to a few before making your decision.

http://www.youtube.com/watch?v=SeEJH9LMYQA