We've had a few interesting things happen since our Ch 7 discharge last September that I thought I should share regarding rebuilding credit:
Home:
Shortly after discharge I started the process of a loan mod with BofA. For about 3 months that had me fax documents and then the same documents again and even a third time in some cases. A woman finally called back and said the modification was all set and next month to start paying a new amount. Our next payment came and I paid the amount she said. Once the payment was processed I noticed that my account was showing past due in the amount of the difference between the old and new amount. We immediately paid the difference and I called my case manager at BofA who proceeded to tell me that the modification was never actually approved because we weren't behind, this after this same woman told me it was and to start paying the new amount just a month earlier.
About two weeks after discharge I received a call from Quicken who originally wrote our mortgage and then sold it to BofA wanting to tell me about a great new deal they had. I informed them that we had filed bankruptcy and that was the end of that call. Two weeks after that another person from Quicken Loans called and I informed this person as well. This person said "Oh, that is OK, with this new program you can refinance one day after discharge." I told them I would only do it if the mortgage wasn't sold to BofA.
In the end I was able to refinance the mortgage away from the evil BofA at a lower interest rate, 4.00%, and monthly payment than the supposed modification rate BofA had given me. Plus the new mortgage reports to the credit agencies and is staying with Quicken Loans.
Car:
The extended warranty had run out on my vehicle and the repairs were starting to become monthly, I decided it was time for a new car. I was approved by Capital One at 7.10%, picked a monthly payment that would fit our budget and set out shopping. In the end the dealer was able to finance me through Ally at 4.9% which was quite a surprise.
Credit:
About a month after discharge applied for a Cap One card and received a $2500 limit. We don't carry a balance on this card and it is meant for emergencies. This is the only card we want.
Banking:
After reading about credit unions on these forums during our process we decided to join one. Unfortunately, it has not been helpful to us in any way rebuilding credit. The auto loan they offered was 11.49%. In fact, they initially denied my wife's application but accepted mine to join even though we filed jointly.
Home:
Shortly after discharge I started the process of a loan mod with BofA. For about 3 months that had me fax documents and then the same documents again and even a third time in some cases. A woman finally called back and said the modification was all set and next month to start paying a new amount. Our next payment came and I paid the amount she said. Once the payment was processed I noticed that my account was showing past due in the amount of the difference between the old and new amount. We immediately paid the difference and I called my case manager at BofA who proceeded to tell me that the modification was never actually approved because we weren't behind, this after this same woman told me it was and to start paying the new amount just a month earlier.
About two weeks after discharge I received a call from Quicken who originally wrote our mortgage and then sold it to BofA wanting to tell me about a great new deal they had. I informed them that we had filed bankruptcy and that was the end of that call. Two weeks after that another person from Quicken Loans called and I informed this person as well. This person said "Oh, that is OK, with this new program you can refinance one day after discharge." I told them I would only do it if the mortgage wasn't sold to BofA.
In the end I was able to refinance the mortgage away from the evil BofA at a lower interest rate, 4.00%, and monthly payment than the supposed modification rate BofA had given me. Plus the new mortgage reports to the credit agencies and is staying with Quicken Loans.
Car:
The extended warranty had run out on my vehicle and the repairs were starting to become monthly, I decided it was time for a new car. I was approved by Capital One at 7.10%, picked a monthly payment that would fit our budget and set out shopping. In the end the dealer was able to finance me through Ally at 4.9% which was quite a surprise.
Credit:
About a month after discharge applied for a Cap One card and received a $2500 limit. We don't carry a balance on this card and it is meant for emergencies. This is the only card we want.
Banking:
After reading about credit unions on these forums during our process we decided to join one. Unfortunately, it has not been helpful to us in any way rebuilding credit. The auto loan they offered was 11.49%. In fact, they initially denied my wife's application but accepted mine to join even though we filed jointly.
11/5/2012 - 68 Months and finally free! 
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