Begbies Traynor search on credit file?

fermi

sieve wrote: »

It's listed under "credit searches" and according to the equifax FAQ on searches, anything under "credit searches" can be seen - it's only the "other searches" that are invisible - and it's not under there... :rolleyes:

I see. I thought you were referring to Experian who work differently.

fermi

So_Sad_Angel wrote: »

Fermi - Are you sure that other Co`s cannot see searches done by other lenders/companies...in my experience I could always see who & when other lenders had run a search.....if there were too many others done then it usually result in a declined lending request !

It depends what the search was for.

If it was for credit scoring/checking those can be seen by other lenders.

If it is for other reasons, in general they cannot be seen by anyone but you and whoever carried out the search.

From Experian:

An unrecorded enquiry is a search that was not made for lending purposes. This includes searches made to check your identity. It cannot affect your credit rating or score when you apply for credit. It is not seen by lenders other than the one that carried out the search. It is included on your credit report so you know the search was made. When a lender carries out a search to check your identity they do not get details of your personal credit history, they simply see a score.

fermi

blind-as-a-bat wrote: »

It doesnt matter either way, the big neon sign Flashing 'BANKRUPT' on your credit file will do more damage than a poxy search:rolleyes::p:rotfl::rotfl::rotfl:

Exactly.

But it does emphasise why it is a good idea to get your credit reference files sorted after BR. While it can't stop it 100%, it will hopefully help make this sort of thing less likely eventually.

So_Sad_Angel

fermi wrote: »

It depends what the search was for.

If it was for credit scoring/checking those can be seen by other lenders.

If it is for other reasons, in general they cannot be seen by anyone but you and whoever carried out the search.

From Experian:

My understanding is that the only way it would not show is if the search was not fully completed....
Maybe its changed in the last year....its a very flawed system !

fermi

So_Sad_Angel wrote: »

My understanding is that the only way it would not show is if the search was not fully completed....
Maybe its changed in the last year....its a very flawed system !

As said, it all depends on the purpose of the search.

See my previous post.

But yes, the system is a load of ****.

MercMan

blind-as-a-bat wrote: »

i may be wrong but i think they also send out the WE can anull your BR c r&p

So yo may get that letter soon

Which I presume is carp as no one can annul a BR.

fermi

MercMan wrote: »

Which I presume is carp as no one can annul a BR.

It can be done if there are sufficient assets/funds to pay the debts and OR/trustee fees.

That is mainly applicable to creditor petitioned bankruptcies. The BR may have been granted, but the debtor may be able to clear the debts one way or another. That can quite easily happen if the debtor ignores the BR petition, etc....

MercMan

fermi wrote: »

It can be done if there are sufficient assets/funds to pay the debts and OR/trustee fees.

That is mainly applicable to creditor petitioned bankruptcies. The BR may have been granted, but the debtor may be able to clear the debts one way or another. That can quite easily happen if the debtor ignores the BR petition, etc....

Which doesn't apply in my case. BTW I've not heard a thing from Vertex since the hearing in Feb at which the said they wanted an adjournment to make me an offer! I wonder if I should mention this to the Judge at the new hearing?

sieve

Well sure as eggs I had a letter from a lovely company claiming that they could annul my bankruptcy AS WELL AS getting rid of all the debt - great! So I took them up on their kind offer by relieving myself into the postage paid envelope and mailing it back to them

I don't think they will be mailing me again

philnicandamy

Thats a shame......I always found their letters very absorbant