BK7 and Charge offs

What is the name of your state? New Jersey

I filed for BK7 on 5/3/02 (discharged 8/02) and have 2 MBNA accounts (included in petition) on my CR (on Transunion and Experian but not Equifax) showing Charge Off. I spoke to MBNA as I'm trying to clean up my CR and they said the Charge Off occurred on 5/7/02 (after the petition date) and won't change the reporting. Is this kosher or does FCRA protect me

[olgethorpe]

Assuming these accounts were included in your BK schedules, they should be listed as IIB...you can send copies of your BK to CRAs to dispute MBNA's listings. Truth is, CO and BK probably have about the same effect on your credit.

[Ladynred]

If the account was that close to charge-off when you filed for BK, then it could be an uphill battle. However, the FTC DOES say that if the account was NOT in charge-off status on the day you filed your BK petition, then it cannot be reported as a CO AFTER your BK filing date as the entry would not be accurate. The accurate entry would be 'included in bankruptcy'. If they charge-off AFTER your BK is filed, they cannot report the charge-off.

Thanks all for your very helpful responses