Discharged bankrupt - credit file still shows balances ?

[Will Goodfellow]

Where the default date is later than the date of the bankruptcy order, you should ask creditors to amend the default entry to that date:

 

Principles for the Reporting of Arrears, Arrangements and Defaults at Credit Reference Agencies pg 7:

 

"The default date must be consistent with that of the CCJ/bankruptcy or IVA; therefore a default should be filed as being no later than the date of the insolvency order. In circumstances where the lender is not immediately aware, the default can be filed at that point in time. If evidence of the insolvency date is provided, the default date recorded at the CRA will be aligned."

 

Any debts include in the order should be marked as partially settled - Pg 8:

 

"Your record should be closed and marked as partially settled if:

 

 - Your account is included in an insolvency such as a bankruptcy or IVA which is discharged / completed and less than the full amount is paid"

 

http://www.scoronline.co.uk/sites/default/files/High Level Prinicples Document Version 2 final.pdf

 

Again, contact creditors where that is not the case and ask for the record to be amended.