Trans Union 726 FICO score exactly 2 years after filing for bankruptcy

TU FICO score 24 months after Ch. 7 filing -- 726!!

Top Positive Factors

You have a low proportion of balances to credit limits (high credit) on your revolving/charge accounts

The proportion of balances to credit limits (high credit) on your revolving/charge accounts is 1%.

You demonstrate a relatively long credit history

Your most established credit obligation is 176 months old and your newest credit account was opened 60 months ago.

Top Negative Factors

Serious delinquency or derogatory indicators/remarks, and public record or collection information is being reported on your credit file

You have evidence of seriously delinquent payment behavior (60 days past due or greater). In addition, there are 1 derogatory public records that have been filed.

-- The discharged accounts, and of course the BK

The time since your most recent derogatory public record or collection is too short

You have a derogatory public record on your credit file that was filed 24 months ago.

-- This is the OLD myFICO format and you only get 2 negative factors because the score is so high. 

You can see from the positive factors that there is at least one open revolving account reported and that it was opened 60 months ago.  This is where the bankruptcy or default PLANNING comes in.   The consumer negotiated with one credit card issuer that he would PAY the account if they didn't report it as "included in bankruptcy" or "reaffirmed" or with any other derogatory notation.

The effort paid off quickly, as you can see by this TU FICO score.  Experian and Equifax were around 700.

It's nice when you can kick back and do nothing but wait for derogs to drop off because your FICO scores are what they SHOULD be.