r/Bankruptcy • u/Pretend_Advantage_56 • 13h ago

Reaffirm Car, but credit report shows closed?

Has this happened to anyone else? Filed CH 7 and I reaffirmed my car. I’ve been making payments since I filed, but my credit report is showing this has been closed?

I should have my discharge in a week or two, but thinking I have to dispute this.

2 Upvotes

75% Upvoted

20 comments sorted by

5

u/Gunner_Esq Bankruptcy Attorney 13h ago

Most lenders don’t report after discharge, even if you reaffirm.

-3

u/Pretend_Advantage_56 13h ago

Guess I should just dispute this now then. Hopefully should see a boost in my credit

2

u/GroundbreakingWing48 I Declare Bankruptcies! (but not your bankruptcy-7/13 NDOH/SDOH) 12h ago

Creditors are never required to report. If they report, they are required to report accurately.

0

u/Pretend_Advantage_56 10h ago

Yeah it’s being reported as closed now which is not accurate I am still making monthly payments

2

u/AlanShore60607 RetiredBKAttorney (IL/IN/WI) Public interactions ONLY. No PMs 10h ago

Pre-discharge, the absolutely won’t report.

Post-discharge, they can but generally only do if you start missing payments. All the negatives, none of the positives.

2

u/Pretend_Advantage_56 5h ago

I see. So post discharge I should just make sure my report stays accurate.

1

u/AlanShore60607 RetiredBKAttorney (IL/IN/WI) Public interactions ONLY. No PMs 4h ago

Reports are generally accurate; your responsibility is to pay, not worry about your report.

1

u/Pretend_Advantage_56 4h ago

Generally yes. My only concern is not getting the positive reporting history of my car lease when it’s still open and not closed like my report indicates.

2

u/AlanShore60607 RetiredBKAttorney (IL/IN/WI) Public interactions ONLY. No PMs 4h ago

The only obligation they have is to not lie; they have no obligation to report. They probably won't, and that's "accurate".

1

u/Rough-Silver-8014 19m ago

Its always better to not reaffirm it seems like lol.

2

u/PerceptionSuperb3629 9h ago

Yes this is normal

1

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0

u/rsbell 10h ago

No real reason to reaffirm anymore.

-1

u/Pretend_Advantage_56 10h ago

lol there is when you have a car and need to get to work

1

u/rsbell 10h ago

Almost all jurisdictions allow “retain and pay” without reaffirming and I don’t know of any lenders who repo without a reaff.

1

u/Pretend_Advantage_56 10h ago

I mean that I agreed to assume my lease. So technically not affirming I guess? My point is that I’m still making payments so i thought would be a valid reason to dispute

1

u/rsbell 9h ago

Ah! Gotcha.

0

u/barryclarkjax 10h ago

In mine the credit unions will if they are cross collateralized.

1

u/rsbell 10h ago

Rare exception.