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Bankruptcy

: The Debt Podcast

Credit Reports after Discharge: What Should be Reported?

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Generally speaking, upon Bankruptcy Discharge, credit reports should report a $0.00 balance on all debts that were discharged.  They should also state “Discharged in Bankruptcy” or other similar language for each account discharged.  Finally, there should be no additional reporting after the bankruptcy filing date.   Unfortunately, this is not always the case since reporting a balance [...]

Full post as published by The Debt Podcast on October 06, 2008 (boomark / email).

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