Should they still be reporting if the debts were written off?

March 20th, 2015 by Questions

I have been discharged for 3 years. On my credit report a couple of the accounts filed are still reporting. Most recent was a couple of them reporting 2 months ago. Should they still be reporting if the debts were written off under the bankruptcy? Also they are showing the balance of the account and payment amount but under payment due and past balance it says unavailable. Status of the account still says revolving and an R9 rating as bad debt/unable to locate and under comments at the bottom it says written off/ bankruptcy. Is this correct? I’m not sure what it’s supposed to look like or if how they have it is affecting my credit worse than they should be.

Posted from: Ontario

Questions

One Response to “Should they still be reporting if the debts were written off?”


March 20, 2015 at 7:12 am, Jillian Taylor-Mancusi, Trustee | B.A. | C.I.R.P said:

Your credit report shows your credit history. Provincial legislation dictates the length of time varies pieces of information can be reported. Equifax will report the fact of bankruptcy for 6 years after you are discharged from bankruptcy. As long as it is reported you will have a R9 rating and the comment that it is “written off/bankruptcy” is correct. Should you have further questions about your credit report you may wish to contact the credit bureau directly. The two main credit bureaus in Canada are Equifax and Trans Union.

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)