No. You signed a reaffirmation agreement, this excluded the loan from your discharge and re-established your contractual obligation to pay for the truck. If you give it back now, it will be a voluntary repossession, it will be sold at auction, and you will be liable for the deficiency plus all costs associated with the sale. If you had not reaffirmed the truck, you could have given it back without owing a dime.
Yes, a reaffirmed mortgage needs to reflect the mortgage payment history before, during and after the bankruptcy proceedings. "In Bankruptcy" needs to portray only DISCHARGED BY or INCLUDED IN...Bankruptcy. Contact your mortgage company so that all of your payment history shows on all three bureaus. No. Not if it were a part of the bankruptcy filing. It may or may not be marked included in bankruptcy or reaffirmed in bankrutpcy. It will still remain on the CR for the prescribed time.
No.
10 years from filing. Some credit bureaus will remove a Chapter 13 after 7 years, but the law allows 10 years for all chapters.
A Chapter seven will remain on the credit report for ten years. You can always request, legally or informally. But the law states that bankruptcy may remain on your credit report for 10 years from the date of filing. The time limit is strictly adhered to by the credit bureaus for Chapter 7 bankruptcies. The bureaus are much more flexible with Chapter 13. These can, by law, remain for 10 years. But it is customary for them to be shielded from view after 7.
A chapter 11? A farm? Bankruptcies are not "seen" by credit reporting bureaus, they just report them. They can see them any time by logging on to a bankruptcy court web site with their log-in info. They can only report bankruptcies up to 10 years after the filing date.
I can only speak from my own experience. It does indeed appear on our credit report and also states that the mortgage company is filing a claim against us--even though we did not reaffirm the loan. Completely wrong and I've disputed it many times with ALL the credit bureaus but they will not remove it. I'm not sure if there's a government organization that can help force the mortgage company to report correctly to credit bureaus or one that can force the credit bureaus to actually DO an investigation when you dipute it. No win situation, I'm afraid
It is possible that the information may have not been verifiable. Since the rise of identity theft, everyone including the credit bureaus have taken extra precautions. My advice is to try again. Make sure you include your full name, your current address and past if you have not been at your present address over 2 years, your birthday and your social security number. If you included all this information before, please indicate that to the bureaus. If you still have trouble receiving your free credit report, please contact me at babe@carolina.net
There are 3 credit bureaus
A business needs to apply for membership with the credit bureau (or bureaus) with whom the business wishes to provide customer credit information. Each of the three (3) major credit bureaus provides a mechanism for a business to join and begin leveraging credit reporting services. The web pages to do so for each of the reporting agencies are included as related links for this question.
Chapter 7 stays on report for 10 yrs. If after this contact the bureaus directly by mail. The addresses and more info. on this can be found at FTC.gov (Federal Trade Commission) website. Also at HUD.gov site. These sites are great for consumer info.
It is possible to receive a free credit check report once a year from each of the three credit bureaus. It can be be found directly though the company's website like Experia.
yes there are locking bureaus which usually come seperate but ready for install.