@BKOHTX wrote:
. . .I filed chapter 7 Feb 2022. Prior to filing I had 3 car payments missed. . . which I brought current to do reaffirmation.. . Exeter Finance did not report any payment history good or bad for over 2 years. Last week. . . my Vantage score plummeted 76 points on Equifax. The reason is after all this time Exeter now wishes to report my payment history including the credit infraction prior to my bankruptcy 2 years ago. . . What is the purpose of a bankruptcy if a creditor can come anytime and put ever on your credit.
You reaffirmed the debt. As a result, your bankruptcy became irrelevant as to this creditor. This is the exact reason approval of reaffirmation agreements should be avoided. You got no benefit from it and you lost your "fresh start".
The Bankruptcy Code requires you to enter into a Reaffirmation Agreement. If you don't the creditor can repossess regardless of the payment history. The Bankruptcy Code does not require the Court to approve the Agreement. In most jurisdictions the Judge makes a finding that approving it is not in your best interest. This gives you the best of both worlds - you did what the law states you have to do (sign a Reaffirmation Agreement) but you also get your fresh start. Apparently, that did not happen in your case and the Court approved the agreement. Approving it took the debt out of the protection of the bankruptcy.
Someone else will have to comment on reporting issue and if there is a way to "fix" it.
Des
