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On my credit report what is the difference between Petition for Chapter 7 bankruptcy and Discharged through Chapter 7 bankruptcy

Montrose, CO |

Some of my accounts say petitioned the others say discharged? I am not sure what the difference is? Will the petitioned ones eventually say discharged?

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Attorney answers 3


If you Petitioned for discharge through Chapter 7 and it shows that it was discharged, then the debt is no longer owed to that credit card or that business. If it does not show as discharged, that does not necessarily mean that it was not discharged, it might just be that the company did not update their account with the credit companies.

The information provided in this answer does not create an attorney-client relationship and is not considered to be legal advice.



So they are kind of the same thing? It was taken care of?


Mr. Leroi is right.

By the way, did you talk to your bankruptcy attorney about this?

In no way am I offering you legal advice, and in no way has my comment created an attorney-client relationship. You are not to rely upon my note above in any way, but insted need to sit down with counsel and share all relevant facts before receiving fully-informed legal advice. If you want to be completely sure of your rights, you must sit down with an experienced criminal defense attorney to be fully aware of your rights.


It's a difference without distinction. So long as the individual accounts that were listed in your bankruptcy show a zero balance due, that is the most important entry. How the accounts report the "status" or "comment" is less important so long as it reflects a bankruptcy in some manner. When it comes to the status of the bankruptcy, it is the public record entry on your credit report that is important.