Bankruptcy, when should the creditor default date be 17 February at 10:55PM in Bankruptcy & Living With It 4 replies 83 views

thevdm

Hi all,

This year has gone around a lot quicker than I expected, tomorrow is my discharge date and as such I am starting to look into the process of the credit cleanup. Reading the following (from the StepChange website):

The default date on all accounts must be set no later than the date of your bankruptcy. This means all the debts you had before the bankruptcy order will disappear six years later. If any lenders have set the default date on your credit file after your bankruptcy order, complain to them and ask them to correct it.

Does this imply that the final defult marker from creditors on my credit report should be no later than the day that I was declared bankrupt, or no later than the day that I am discharged from bankruptcy. At present all of my creditors are showing a default marker each month to January/February 2020. As every creditor is showing the default markers each month I feel that I have read this statement incorrectly rather than the creditors mistakenly applying default markers?

Sorry if I'm missing something simple, writing University assignments is frying my brain for anything not related to my studies.

boo_star

It's the date you were declared bankrupt.

thevdm

Thank you, I will have to send off the emails to the creditors to get the correct default date applied then.

mwarby

It's probably worth leaving it until a couple of months post discharge, as many creditors will correct the date themselves

thevdm

Looking further into it, it would appear that I was missreading the data on the credit report, although they show as defaulted each month, if I click on the creditor it shows a default date which is around a year before I declared bankrupt. I'll give it a month or two to see if they've all been updated as partially settled (or similar) before contacting anybody as it takes a while for data to roll down to the free credit checks.