How many points will your score increase after an incorrect Chapter 13 is removed from your credit report?

Answer 1

Credit scores are based on ALL the information contained in your credit report at the time they are calculated. Even guesses are based on emphirical evidence and are not reliable. The Fair Isaac company, who created credit scoring software, is very secretive about how the complex calculations are performed.

You could buy a credit score, both before and after the incorrect public record item is removed and publish your findings here. But the circumstances would be totally unique to your file at this particular time and would never relate to your file, or anyone else's at any other time.

And to add to what the Credit Lady said, I was at a conference where a representative of a major credit reporting agency was the speaker. The speaker indicated that the calculations are secret, but that a bankruptcy (Chapter 7 or 13) usually reduces your credit score by around 75 to 150 points. So, I would assume that your credit would go back up by around 75 to 150 points, but who knows.