It should be removed 10 years after the filing date. If not, notify the credit reporting bureau of their error in not removing it. If it remains, consult a bankruptcy or debt collection practices lawyer.
It should drop off after 7 years, but you should write to the credit reporting angencies to report the payment and provide proof that the debt has been paid and this might expedite removal from your credit report.
Bankruptcy stays on your credit report for 10 years. If you filed in 2004 it will drop off the month of your filing in 2015.
A repossession is a serious negative and will drop your scores.
Your score can drop because of various actions. Sometimes applying for a car loans with several lenders in a short period may place a credit score at a higher risk of dropping. This type of inquiry is known as a hard inquiry. A hard inquiry can impact your credit report and score for approximately two years.
It depends on how a mortgagee's credit was before the foreclosure, but a drop of several hundred points is common. Foreclosure makes its greatest impact for the first three or four years and remains on a report for seven.
It should drop off after 7 years, but you should write to the credit reporting angencies to report the payment and provide proof that the debt has been paid and this might expedite removal from your credit report.
Well, unfortunately it is going to drop and be listed for about 4 years I believe.
Bankruptcy stays on your credit report for 10 years. If you filed in 2004 it will drop off the month of your filing in 2015.
A repossession is a serious negative and will drop your scores.
The recording of the actual lien document will always remain in the public records. If you paid the tax, you should demand the filing of a release of lien. The negative entry on your credit should drop off 7 years after the release is filed.
After 1998, the only new information that the creditor should be reporting is that the debt was included in the bankruptcy. The debt is nearly 7 years old anyway and should drop off your credit report by the end of 2005. Visit the website for the Federal Trade Commision and you will see they they have very helpful information on how to dispute items like this on your credit report.
Your credit report is irrelvent. Certainly many debts are not on one. If you owe the debt, report it.
Your score can drop because of various actions. Sometimes applying for a car loans with several lenders in a short period may place a credit score at a higher risk of dropping. This type of inquiry is known as a hard inquiry. A hard inquiry can impact your credit report and score for approximately two years.
It depends on how a mortgagee's credit was before the foreclosure, but a drop of several hundred points is common. Foreclosure makes its greatest impact for the first three or four years and remains on a report for seven.
No, it will probably hurt your credit. The Chapter 13 is on your credit report for 7 years from the date the Order for Relief is entered, which is the day the case is filed. So, even if you dismiss it the credit hit from the 13 has already appeared on your credit (a 75 to 150 point drop). And, if you dismiss it, then all the creditors included in it suddenly come back to life and would start billing you, making your debt to income ratio worse. And, if you fail to pay them, then the late payments would make your credit even lower. Once a 13 is filed, it's best - creditwise - to finish it.
This depends on what is wrong with your credit report. If you have accounts sent to collections, then you need to pay them off and wait for seven years for them to drop off your credit report. If you have late payments, start paying on time each and every month. If you are using more than 30% of your available credit, then pay off some of your debt until you are below 30%. Those are just some of the many ways to "fix" your credit.
A collection can drop your score dramatically and may make it impossible to get a new loan. It is important to take care of the collection account since it will be removed from your credit report seven years after it is paid, but can stay on indefinitely if not.