Hi folks,
Here's my situation: I filed Chapter 7 BK in 1996 and was forced to file again in 2004. Both have been discharged. On my credit report one of the CC accounts that was included in my recent BK is still showing a balance and both BKs are still on the report. I tried to get a car loan to start rebuilding and was told that it could be done if there's one BK on my record but not if there's two. The 1996 BK is scheduled to drop off in 9/06. I've disputed the credit card account with all three CRAs. Am I on the right track here? Once the dispute is resolved and the 1996 BK drops off will things look better? Thanks for any help in advance.
Here's my situation: I filed Chapter 7 BK in 1996 and was forced to file again in 2004. Both have been discharged. On my credit report one of the CC accounts that was included in my recent BK is still showing a balance and both BKs are still on the report. I tried to get a car loan to start rebuilding and was told that it could be done if there's one BK on my record but not if there's two. The 1996 BK is scheduled to drop off in 9/06. I've disputed the credit card account with all three CRAs. Am I on the right track here? Once the dispute is resolved and the 1996 BK drops off will things look better? Thanks for any help in advance.