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Question By
mikez1968

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Why is a past account not closed?
I filed chapter 7 bankruptcy in 2009. At the time I had a Discover card that was included in the bankruptcy. It currently shows that the account is still open. It is actually worded Open-Derogatory. First, why was this account not closed if I can no longer use it? Second, is the current status of being open hurting my credit score?

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You need to write letters to Discover and all three bureaus and tell them to correctly show the account as closed or to delete it.  If it shows a balance, then that is hurting you.  The open status affects your utilization, so that could be a problem as well.

Reply by
mikez1968

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As I mentioned is shows the account as open- Derogatory but it is mentioned in rmearks that it was included in Chapter 7 and it shows no balance. Is this status hurting my score because it still shows the status of being open-derogatory or should I still write Discover and the bureaus to have it changed to closed? 

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