Updating Bankruptcy Account Information On Your Credit Report

Once you complete the process of bankruptcy, your credit report may still show discharged accounts as open with a balance due. Though a bankruptcy is one of the worst things that can be on your credit report, having these open accounts could lower your credit score even more than it already is. You can use this letter to make sure that your accounts are updated to read "Account Included n Bankruptcy" and show a zero balance.

Note: once you send in this letter, you are admitting to the credit bureaus that these are your accounts. At this point, they will be locked in place until the 7-year time a bad account can stay on your report is up. Use this letter only AFTER you've exhausted all options in removing this listing.

Your Name
123 Your Street Address
Your City, ST 01234
SSN XXX-XX-XXXX
DOB: 1/1/00

Credit Bureau
Credit Bureau Address
Some City, Any State 56789

RE: CREDITOR AGENCY Account XXXXX-XXXXXXXXXXX
CREDITOR AGENCY Account YYYYY-XXXXXXXXXXX
CREDITOR AGENCY Account ZZZZZ-ZZZZZZZZ

Date:

To Whom it May Concern:

This letter is a formal complaint that you are reporting inaccurate credit information on my credit report. The above referenced accounts were included in my bankruptcy and are instead showing as <charge offs> <past due> <late>. The incorrect listings are lowering my credit score unnecessarily, and it is also preventing me from purchasing a home. I am enclosing a copy of my bankruptcy discharge papers as proof of the date of my discharge.

Please correct your records to display the information regarding these accounts.

Sincerely,

Your Signature
Your Name

enclosure

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