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[DaneMcCloud]

Originally Posted by beach tribe

My sister has some old CC bills that are 6 yrs old. Are they going to be gone from her credit report soon.

She's thinking about filing bankruptcy, and I'm trying to figure out if it would be best for her to just wait it out.

She should have contacted the CC companies and asked them to be removed long ago.

I about 6 years ago, I had a few instances where my payment posted a couple of days late and it ended up on my credit report. I contacted those companies and they were removed in 30 days or less.

My credit score is currently 789.

As for filing bankruptcy, I'd highly recommend against it, if at all possible. She should be able to contact the individual companies and ask for a reduced rate in order to pay off her bills. The trade off is that she won't be able to use the cards during that time. But that's a far better alternative to bankruptcy, which will follow her around for a minimum of 10 years (it's no longer 7).

Good luck.

[Mark M]

Originally Posted by DaneMcCloud

She should have contacted the CC companies and asked them to be removed long ago.

I about 6 years ago, I had a few instances where my payment posted a couple of days late and it ended up on my credit report. I contacted those companies and they were removed in 30 days or less.

My credit score is currently 789.

As for filing bankruptcy, I'd highly recommend against it, if at all possible. She should be able to contact the individual companies and ask for a reduced rate in order to pay off her bills. The trade off is that she won't be able to use the cards during that time. But that's a far better alternative to bankruptcy, which will follow her around for a minimum of 10 years (it's no longer 7).

Good luck.

This.

Oh, and thanks for the correction on the bankruptcy term -- forgot they changed that in that abortion of a bankruptcy bill passed a few years ago.

Talk about shitty legislation ... sheesh.

MM
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