credit reports after bankruptcy discharge

September 6th, 2005 by Questions

Once I was discharged, I noted on my credit reports that the balance amount owed to each of the creditors was still on my report. Isn’t that amount supposed to be changed to 0 – although the companies can still say it was a bad debt?

Questions

One Response to “credit reports after bankruptcy discharge”



, Barton Goth, GCO Inc. Bankruptcy Trustees said:

Typically the amount is reset to 0 and there will be a rating of R-9 listed in conjunction with that particular debt. To me it sounds like the credit bureau has made a mistake and it will be necessary for you to contact them and perhaps re-submit a copy of your discharge certificate for their records. For more information on the credit bureau try visiting http://www.equifax.ca.

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.)