Account discharged in 7 shows as Paid and Closed

[duphman]

Been a little over 1 month since discharge, looked at Equifax, and it shows an account that I know was included in the BK as "Paid and Closed". Is that a good thing, sounds OK to me as that was the biggest CC in the BK

[mountanddo]

Is the date stating it was paid and closed the date of your discharge?

[duphman]

No Date, only last activity 2003, were paying on it without using for a few years, that's why the lack of activity

[HHM]

Probably just hasn't been updated

But there is nothing wrong with the Paid and Closed entry...that is better than the IIB entry.

So, nothing to fret about.

[justbroke]

I would take a "Paid and Closed" account with $0 balance and no lates "any day" over an IIB account!

[IBroke]

I would take a "Paid and Closed" account with $0 balance and no lates "any day" over an IIB account!

Haha...Count me in on that one!

BTW, I had about 20 derogatory IIB-accounts when I filed and one of these accounts actually turned from "derogatory" to "positive" after discharge - and not just by the definition of some third-party monitoring service. It was directly with the credit-bureau (I think it was TU who separate derogatory and positive). But again, it was only 1 out of 20 so it didn't make much of a difference..