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rogelioelboricua

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Why are accounts included in Chapter 13 Bankruptcy showing as delinquents in Equifax credit report?
I have 5 payments left on my 42 mos. Chp 13 & Equifax shows 2 CC as delinquents. One of them was Pd in Full & the other is included in the bankruptcy. What do I do?

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The chapter of the Bankruptcy Code providing for adjustment of debts of an individual with regular income. (Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years.)

Chapter 13 is not Chapter 7. Chapter 7 is a full discharge of debts except student loans. Chapter 13 consolidates your debts and can lower your payments to pay them over time. That's why they are on your credit report. 

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AND, the interest rate on the debts is reduced in a Chapter 13, plus the trustee pays on their schedule, not the "due date" as shown on the credit card bill.  Any bankruptcy will cause problems on your credit score that have to be lived with until this notation drops off one's credit reports.

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