Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • lumy
    • By lumy 15th Sep 19, 10:36 AM
    • 2Posts
    • 0Thanks
    lumy
    Bankruptcy hasn't removed all accounts
    • #1
    • 15th Sep 19, 10:36 AM
    Bankruptcy hasn't removed all accounts 15th Sep 19 at 10:36 AM
    Hi :-)


    I filed for bankruptcy a year ago and it has just been discharged, so I thought I'd see what my credit report looks like now!


    There are a few things I find strange, but for starters, there are 3 accounts with Lowell that still show as active - 1 with payments being 6 months overdue and the others showing as OK in the monthly payments details. Shouldn't all these accounts be moved into the defaulted section following the bankruptcy and should I contact Lowell, the OR or the credit reference agencies?



    Many thanks
Page 1
    • Gary_Dexter
    • By Gary_Dexter 15th Sep 19, 11:28 AM
    • 6,583 Posts
    • 4,408 Thanks
    Gary_Dexter
    • #2
    • 15th Sep 19, 11:28 AM
    • #2
    • 15th Sep 19, 11:28 AM
    Contact Lowell and confirm with them.
    • Willing2Learn
    • By Willing2Learn 15th Sep 19, 11:32 AM
    • 4,421 Posts
    • 3,968 Thanks
    Willing2Learn
    • #3
    • 15th Sep 19, 11:32 AM
    • #3
    • 15th Sep 19, 11:32 AM
    Hi lumy and welcome to the forum


    The two links below give comprehensive guidance on how to tidy up your credit file post bankruptcy
    https://debtcamel.co.uk/credit-file-after-bankruptcy/
    and
    Credit Reference File Clean Up Post Bankruptcy
    Last edited by Willing2Learn; 15-09-2019 at 11:38 AM.
    I work within the voluntary sector, supporting vulnerable people to rebuild their lives.

    I love my job

    • sourcrates
    • By sourcrates 15th Sep 19, 12:03 PM
    • 18,463 Posts
    • 17,362 Thanks
    sourcrates
    • #4
    • 15th Sep 19, 12:03 PM
    • #4
    • 15th Sep 19, 12:03 PM
    They should all show a zero balance, and be marked as settled, or satisfied.
    All default dates should show the date of your bankrupcy, or earlier.


    Any that dont, send a written complaint to the data controller at the company concerned, creditors always fudge this bit, as they are not always au fair with the guidence.


    ICO would be your next step if they dont comply.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".

    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views expressed are mine and not the official line of MoneySavingExpert.com.

    Helping you deal with problem debt.

    For free debt advice, contact either : Stepchange, National Debtline, CitizensAdviceBureaux.
    • lumy
    • By lumy 18th Sep 19, 4:20 PM
    • 2 Posts
    • 0 Thanks
    lumy
    • #5
    • 18th Sep 19, 4:20 PM
    • #5
    • 18th Sep 19, 4:20 PM
    Thanks for the details - I'll get on to Lowell
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

1,226Posts Today

6,372Users online

Martin's Twitter