Date Updated question

[ugghh]

Hello BK People... Good to be on this side of the fence as oppose to the waiting for discharge side (I think that process aged me an additional 10 years).

I have cleaned up my report for the most part but have a question.

I had a line of credit with a bank that was IIB. It displays IIB and closed on 3/2010. My discharge was 9/2010. My question is there is a field on the TU report labeled 'Date Updated'. The bank is updating this to the current month each month (it is at 11/2010 now). Is this correct? Does it hurt my score at all? Below is a copy and paste. Thanks for the help!

Balance:
Date Updated: 11/2010
High Balance: $ 5,000
Credit Limit: $ 5,000
Terms:
Minimum $ 300
Pay Status: Unrated
Account Type:
Line of Credit Account
Responsibility:
Joint Account
Date Opened: 03/2007
Date Closed: 03/2010
Loan Type: Line of Credit Account -
Line of Credit Remark: >Chapter 7 bankruptcy<
Estimated date that this item will be removed: 10/2016

[backtoschool]

Hello BK People... Good to be on this side of the fence as oppose to the waiting for discharge side (I think that process aged me an additional 10 years).

I have cleaned up my report for the most part but have a question.

I had a line of credit with a bank that was IIB. It displays IIB and closed on 3/2010. My discharge was 9/2010. My question is there is a field on the TU report labeled 'Date Updated'. The bank is updating this to the current month each month (it is at 11/2010 now). Is this correct? Does it hurt my score at all? Below is a copy and paste. Thanks for the help!

Balance:
Date Updated: 11/2010
High Balance: $ 5,000
Credit Limit: $ 5,000
Terms:
Minimum $ 300
Pay Status: Unrated
Account Type:
Line of Credit Account
Responsibility:
Joint Account
Date Opened: 03/2007
Date Closed: 03/2010
Loan Type: Line of Credit Account -
Line of Credit Remark: >Chapter 7 bankruptcy<
Estimated date that this item will be removed: 10/2016

No, if just the updated date is updated your score will not be lowered. If the date closed is updated to a recent date that would affect your score. If you are seeing a charge off status in the current date when you look at the payment timeline, that would also affect your score negatively.

[ugghh]

No, if just the updated date is updated your score will not be lowered. If the date closed is updated to a recent date that would affect your score. If you are seeing a charge off status in the current date when you look at the payment timeline, that would also affect your score negatively.

I was hoping you would reply

Thank you for your answer!