Can bankruptcy be taken off your credit report if the bankruptcy was dismissed through the courts?
Bankruptcies are a matter of public record and this is why they appear in credit histories. A Chapter 13 listing will remain on your credit report for seven years from the filing date and a Chapter 7 will remain on the credit report for 10 years from the filing date. The credit report entry will state the bankruptcy was filed and dismissed, not discharged.
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Can foreclosure and bankruptcy be taken off your credit report if you didn't have to go through with the foreclosure and bankruptcy?
Once it is reported to the credit reporting agencies, it is very tough to have it removed. However, you can get them to mark it "satisfied" by providing documentation of such along with a letter of explanation. Keep copies of all correspondence with the agencies.
A bankruptcy under chapter 7 or 11, or a non-discharged or dismissed chapter 13 bankruptcy generally remains on your credit file for 10 years from the date filed. A discharged chapter 13 bankruptcy generally remains on your credit file for 7 years from the date filed.
Yes. I tried to remove a dismissed bankruptcy from my credit report. All agencys were contacted and so was the FTC. They said they had a legal right to keep the Bankruptcy dismissal information on the bureaus files.
Answer . Any legal item that is shown in the public records portion of your credit report is a significant derogatory. That having been said; your credit rating and credit score takes into consideration ALL the factors showing. So it depends on what your definition of "worse" is. I have client…s 2-3 years out of bankruptcy with higher credit scores that clients with pages of clean accounts that have recent late payments.. (MORE)
Answer . You can attempt to have this information removed from your file just like you would any other derogatory information. You should be aware that legal items are verified prior to being placed on your credit report, have different standards of verification and (unless they are on your repo…rt in error) usually are not removed.. (MORE)
If the debt that you were sued over, or the judgment itself was included in your bankruptcy, you only need send a copy of your bankruptcy papers to the credit reporting agencies. The judgment will not "come off", but it should get marked "included in bankruptcy" or "discharged through bankruptcy".
Answer . Write a letter to the CRA's with the pertinent info. regarding the BK. Court, docket#,discharged date,etc.\nExperian-National Consumer Assistance Center, PO Box 949, Allen,TX. 75013\nTransunion LLC.-Consumer Disclosure Center, PO Box 1000, Chester.PA. 19022\nEquifax-Equifax Credit Info.… Service,Inc.,PO Box 740241, Atlanta, GA. 30374.\n. \n. \n. \n. \n. (MORE)
Any account included in a bankruptcy remains on your personal credit report for a maximum of 7 years from the date the bankruptcy was filed. The bankruptcy itself, listed in the public record information section of a credit report, remains for either 7 years from the filing date if it was a Chapter …13, or 10 years from the filing date if it was a Chapter 7, 11 or 12. Source: Experian More Information: A bankruptcy can be removed from your credit report. I know two people who have done it.Basically how credit repair like this works is you, or attorneys you hire, challenge negative marks on your credit report. The Fair Credit Reporting Act - - gives you the right to dispute anything on your credit report. Once the credit reporting agency contacts the creditor to verify the account they have 30 days to respond with verification. If they do not respond the mark is removed. If they do respond you can challenge again and ask for real proof. I don't know the details of what is required but it can get to the point where they have to provide signed contracts, a list of all payments and bills, etc. What usually happens is the creditor does not respond and it is removed. The same is true of a bankruptcy, often the court does not get the information to the credit reporting agency so the bankruptcy is removed.That doesn't mean they can definitely remove a bankruptcy, or anything else. They may or may not. Obviously if the mark on your credit is not accurate it is a lot easier to have taken care of. I had credit issues caused by id theft that I was unable to do much about, but a credit repair agency quickly removed all the negative items and increased my score over 200 points. I know others who had legitimate bad marks, they seem to be able to get most of them removed but not all. Of course, this doesn't remove the actual bankruptcy, or any debts owed. It just removes them from your credit reports (MORE)
A bankruptcy can not be wiped off your credit report until after 10 years but if the accounts on your credit report which were discharged in the bankruptcy can these be taken off?
The debts which were wiped out in bankruptcy still stay on your credit report, but they should be listed as "Discharged in bankruptcy." They will still stay on your credit for 7 years (they don't get extended to 10 years like the Chapter 7 just because they were discharged in bankruptcy). Please not…e that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person. (MORE)
You have to contact the credit bureaus and "ask" to have it removed, you may even have to provide a copy of the discharge to prove the date.
If your bankruptcy is nine and a half years old will it be taken off your credit report when it reaches the 10th year automatically?
Not necessarily. Sometimes it can take a credit bureau a few months (or even longer) to take an old record off your credit report. The best advice I can give is to request a credit report after 10 years have passed. If the bankruptcy is still listed, you can dispute the record directly with the cred…it bureau. You can get a free credit report at www.annualcreditreport.com or from most housing counseling agencies. You can find these agencies by looking on www.hud.gov. (MORE)
If it is your bankruptcy, the only thing you can do is wait. Chapter 7 is on there for 10 years, and Chapter 13 is on there for 7 years. If it is someone else's bankruptcy and it's on your credit report by accident, you can contact the three major national credit reporting agencies by mail, with you…r social security number and address, and ask them to correct the error. I think their addresses are: Trans Union Corporation ATTN: Public Records Department 555 West Adams Street Chicago, IL 60661 Experian Profile Management P.O. Box 9558 Allen, TX 75013 Equifax P.O. Box 144717 Orlando, FL 32814 Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person. (MORE)
Is there a difference between a lien and a judgment when you go to bankruptcy court or on your credit report?
A lien is always against real property, such as a house. this prevents the property from being sold or used as collateral. A judgment can be anything from the liquidation of assets to garnisment of bank accounts and wages. Big difference in bankruptcy. There is even a difference in the type of lien…s. For example, judgment liens are a lot easier to avoid than administrative liens. Judgment creditors have much less power to affect your plan than lienholders. These answers are incomplete. For example, there are liens against personal property, including some tax liens and security interests under the uniform commercial code. Consult an experienced competent bankruptcy attorney for a better explanation as soon as possible. Delay, mistakes and acting on incomplete information can be expensive. (MORE)
Answer . In theory a dismissed BK should be removed from a CR in seven years. A discharged BK, in ten years. Equifax, however will usually inform the consumer that they will carry both for the full ten. The reality is neither is better, they are both very damaging to a person's credit history.
The bankruptcy will remain on the credit report until the required ten years has expired. UPDATE: Actually, you can force Equifax, Experian and TransUnion to remove a Bankruptcy from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verif…iable proof" of the "bankruptcy" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The Federal Court that the bankruptcy was filed in may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file. (MORE)
The time limit for bankruptcy on a CR is 10 years, it will not be removed before that time expires. Six years is the criteria for refiling a chapter seven BK, although that will be changed to eight years on Oct 17, 2005.
A dismissed bankruptcy will affect your credit, but not severely.It may only lower it by a couple points or so.
Answer . \nA bankruptcy will remain on a credit report for the required ten years, it cannot be removed arbitrarily.
Answer . \nCredit scores are calculated and affected by the consumer's overall credit history. After a bankrkupcy entry is expunged the score will eventually improve but a specific answer as to the exact numbers is not possible.
Answer . \nBankruptcy should be expunged from the credit report after the ten year from the BK discharge has expired. Credit bureaus are not as efficient or accurate as one would hope, therefore it may be necessary for the consumer to contact the CRA and request the entry be removed, be prepared …to submit substantiating documentation. Consumer's should keep in mind that it is wise to monitor their credit history reportage on a regular basis. (MORE)
Answer . No. Backruptcy will always appear on your credit. After 7-10 years your credit will be as good as someone who has not filed bankruptcy.
Answer . \nseven years. Answer . It is irrelevant whether the bankruptcy is discharged or dismissed when it pertains to the time it is recorded on the credit report, the time limit is ten years.
If your case was dismissed it will generally be because you failed to do or show something. Time is of the essence and your case can be reinstated, but you will need to know why the case was dismissed to rectify the problem.what i know for the court to dismiss the case there general reasons that can… make the court to dismiss the case.1 if you fail to present the needed proof in time, or if you fail to provide proof. 2 if you have failed it in bankrupcy and the court prooves that the case was supposed to be failed in another form, they can dismiss that and either request you to fail it in its supposed form.3 if the case had an expired date , so the case might be failed back only when the court dismiss it when it was failed in a long form, so the court will ask you to fail it in another way. thats the only way you can fail back the case (MORE)
Answer . THE ONLY POSSIBILTY THAT YOU HAVE ON RESOLVING A BANKRUPTCY IS TO MAKE SURE THAT THIS IS A DEBT THAT WAS DISMISSED. BANKRUPTCIES TAKE SEVEN YEARS FROM THE DATE THAT IS WAS FILED IN ORDER FOR THIS TO NO LONGER AFFECT YOUR CREDIT RATING.. Answer . \nBankruptcies remain on a credit repo…rt ten years from the time of discharge. A dismissed chapter 7 will remain ten years a dismissed chapter 13 will remain seven years. If the time has expired for the bankruptcy to be removed from the CR the person should write a letter containing all pertinent details including a copy of the date of the BK discharge or dismissal. Valid negative information of a credit report cannot be removed until the prescribed time limit has expired. Positive entries will remain an indefinite period of time, in some cases permanently. (MORE)
do nothing and wait ... 10 years . i don't think you can have it removed, but if you can wait 10 years it should disappear automaticly (you better check after 10 years to be sure).
\n. \n Answer \n. \ni am A Mortgage Broker The Bankruptsy Never Leaves The VCredit Report But if You Are Trying To Do Something With Your Credit Banks Go off The Discharge Date\n. \n . \n 10 years for a dismissed chapter 7 and 7 years for a dismissed chapter 13.
Probably not. It was an attempt to get out of paying debts and many creditors would consider this to be significant as an indication of your credit risk. A dismissed chapter 13 BK remains on the credit report for 7 years from the date of the dismissal. This is true for Experian and Transunion. Equ…ifax keeps a dismissed Chapter 13 BK for 10 years after date of filing... if anyone has been successful in getting Equifax to remove this item after 7 years, please share how you did it !! (MORE)
Answer . \n. \nYou can't.\n. \nA valid entry for a dismissed chapter 13 bankruptcy will remain on a credit report for seven years from the date of dismissal.
Bankruptcy may remain on your credit report for up to ten years. However, what is probably more important to you is the impact that bankruptcy will have on your credit options. That depends heavily on how you handle your finances and credit accounts after bankruptcy. Many bankruptcy petitioners who …manage their credit carefully and make an effort to rebuild credit are able to qualify for traditional mortgages and car loans within about two years. UPDATE : Actually, you can force Equifax, Experian and TransUnion to remove a Bankruptcy from your credit report and you can do it legally using a federal law that is in place. Credit Bureaus MUST have "verifiable proof" of the "bankruptcy" in their files if they are going to report the negative item on your report. The dirty little secret the credit bureaus don't want you to know is that they do not have any "verifiable proof" in their files for any of the negative items on your credit report. The Federal Court that the bankruptcy was filed in may have this information on file but the credit bureaus don't. If you request the credit bureau to provide you with the "verifiable proof" that they have in their files they will remove the negative from your file. (MORE)
Answer . Can't if its been less than 7 yrs. for a chp.13 or 10 yrs. for a chp. 7. If its more than this contact the credit bureaus directly with your request. The website FTC.gov has addersses and info about this.
Wait 10 years from the date of the bankruptcy filing (some bankruptcy courts have ruled that the time is from the date of discharge, usually less than 6 months from the date of filing). If the bankruptcy has not been removed from a credit report, go to the credit reporting bureau website and complet…e the form asking for the error (not removing the bankruptcy listing) to be corrected. If that doesn't work, either get a lawyer or send the bureau a certified letter, return receipt requested, asking them to remove it. You may want to send the same letter by ordinary mail, just in case they refuse to accept the certified letter. (MORE)
How can a person get a past delinquent pay off a credit report when it was dismissed because of bankruptcy?
Really, the only way to have it removed is to dispute it with the credit bureau reporting it. The credit bureau will then contact the creditor for verification. If the creditor can't verify the account, it must be removed immediately. If the creditor can verify the account, your choices are limit…ed to disputing it again and/or just waiting for 10 years for the account to come off of your report. . (MORE)
Seven years is the standard for anything that has been settled to stay on your credit report. So the normal type of bankrupcy, Chapter 13 I believe, will be off the report after seven years.
You mean who can legally change an accurate reporting of the past, that is maintained in tightly controlled data systems and the public records of the courts? No one. But you could fall for any number of scammers who prey on those who are foolish enough to think so.
What do you do if a dismissed chapter 13 bankruptcy is still showing on your credit report after 7 years?
Get an "official" copy of your bankruptcy documents indicating the date that the Bankruptcy was dismissed. Send the official copies to each of the credit bureaus that are reporting the information and request that they update their files accordingly and to forward to you an updated copy of your c…redit report. The key word here is "request". do not demand, threaten or utilize any form of aggression. just be simple, polite and to the pint with your request This should solve the problem. Both Experian and Transunion remove a dismissed Chapter 13 bankruptcy after 7 years. Equifax's policy is to keep it on the credit report for 10 years. Has anyone been able to successfully request Equifax to remove this item after 7 years? While it's true that the negative impact of a dismissed bankruptcy filing is diluted with age, any reference to "bankruptcy" still casts a dark shadow on a credit report no matter how long ago it was filed. (MORE)
How can you improve your credit score after filing chapter 13 bankruptcy have no credit cards or loans and car is being paid off through court?
Building you credit can be easy. Since you filed Chapter 13, you will have to get permission to obtain additional credit.. Try one of the following ideas to build your credit:. Ask your bank or credit union about a secured credit card . You can make a deposit to your account and have a credit lim…it in the amount of your deposit. The bank takes little risk and you build credit slowly.. Use a co-signer on your first few credit accounts. Lenders will consider the co-signer's existing credit. The co-signer essentially 'vouches' for you while you build credit. Note that this is a big responsibility - you can cause major headaches for the co-signer if you don't pay as agreed. ( Use retailer programs for modestly large purchases like furniture. For example, you may buy a television on the "$40/Month Payment Plan". Gas station cards may work as well. These programs can be easier to qualify for and they certainly help you build credit. Be sure that the retailer will report your loan to the major credit reporting companies.. Get a credit card with any reputable institution that will give you one. Again, you have to make sure they'll report your timely payments to the credit reporting companies. Of course, you have to always pay at least the minimum before the due date.. All of this is to get your credit score calculated; here is the information about your credit score.. 1. Payment History (35% of score). The first thing any lender wants to know is whether you have paid your past credit accounts on time. The payment history factor of credit scoring takes into account:. Payment information on many types of accounts. These include credit cards (such as Visa, MasterCard, American Express and Discover), retail accounts (credit from stores where you do business, such as department store or gas station credit cards), installment loans (loans where you make regular payments, such as car loans), finance company accounts and mortgage loans.. Public record and collection items. These include reports of events such as bankruptcies, judgments, suits, liens, wage attachments and collection items. These are considered quite serious, although older items count less than more recent ones.. Details on late or missed payments and public record and collection items. A 30-day late payment is not as risky as a 90-day late payment, in and of itself. But recently and frequency count too. A 30-day late payment made just a month ago will count more than a 90-day late payment from five years ago. Note that closing an account on which you had previously missed a payment does not make the late payment disappear from your credit report.. How many accounts show no late payments? A good track record on most of your credit accounts will increase your credit score.. 2. Amounts Owed (30% of score). Owing money on different credit accounts does not mean you're a high-risk borrower with a low score. However, owing a great deal of money on many accounts can indicate that a person is overextended, and is more likely to make some payments late or not at all. Part of the science of scoring is determining how much is too much for a given credit profile. This factor takes into account:. The amount owed on all accounts. Even if you pay your credit cards in full every month, your credit report may show a balance on those cards. The total balance on your last statement is generally the amount that will show in your credit report.. The amount owed on all accounts, and on different types of accounts. In addition to the overall amount you owe, the score considers the amount you owe on specific types of accounts, such as credit cards and installment loans.. Whether you are showing a balance on certain types of accounts. In some cases, having a very small balance without missing a payment shows that you have managed credit responsibly, and may be slightly better than no balance at all. On the other hand, closing unused credit accounts that show zero balances and that are in good standing will not generally raise your score.. How many accounts have balances? A large number can indicate higher risk of over-extension.. How much of the total credit line is being used on credit cards and other "revolving credit" accounts. Someone closer to "maxing out" on many credit cards may have trouble making payments in the future.. How much of installment loan accounts are still owed, compared with the original loan amounts. For example, if you borrowed 3,000 to buy a car and you have paid back 3,000, you owe (with interest) more than 80% of the original loan. Paying down installment loans is a good sign that you are able and willing to manage and repay debt.. 3. Length of Credit History (15% of score). In general, a longer credit history will increase your score. However, even people with short credit histories may get high scores, depending on how the rest of the credit report looks. This factor takes into account:. How long your credit accounts have been established, in general. The score considers both the age of your oldest account and an average age of all your accounts. . How long specific credit accounts have been established. . How long it has been since you used certain accounts. . 4. New Credit (10% of score). Research shows that opening several credit accounts in a short period of time represents greater risk, especially for people who do not have a long-established credit history. This also extends to requests for credit, as indicated by "inquiries" to the credit reporting agencies (an inquiry is a request by a lender to get a copy of your credit report). This factor takes into account:. How long it has been since you opened a new account. . How many new accounts you have. . How many recent requests for credit you have made, as indicated by inquiries to the credit reporting agencies. Be assured, however, that if you request a copy of your credit report to check it for accuracy - which is always a good idea - it will not affect your score. This is considered a "consumer-initiated inquiry," not an indication that you are seeking new credit. Also, your score is unaffected by lender inquiries into your credit report for purposes of making you a "pre-approved" credit offer, or for reviewing your account with them, even though these inquiries may show up on your credit report.. Length of time since credit report inquiries were made by lenders. . Record of recent credit history following past payment problems. Re-establishing credit and making payments on time after a period of late payment behavior will help to raise a score over time.. 5. Types of Credit in Use (10% of score). This factor considers your mix of credit types: credit cards, retail accounts, installment loans, finance company accounts and mortgage loans. It also looks at the total number of accounts you have; for different credit profiles, how many is too many will vary. This means it is not necessary to have one of each type, nor is it a good idea to open credit accounts you don't intend to use. The credit mix is generally not a key factor in determining your score - unless your credit report does not have a lot of other information upon which to base a score. Why Do Credit Scores Vary? The major credit reporting agencies - Experian, Equifax and Trans Union - consider only the data in your credit report at that particular agency. Since different lenders report to different agencies, one firm may generate a different score than another one.. Below is a way of interpreting your credit score.. Given the current credit score stats, how does this relate to your own personal score? Generally, if your score is higher than 660, you will be considered a good credit risk. If your score is below 620, then you might have a tougher time getting a loan. The following ratings explain the impact of the different score ranges:. 720-850 - Excellent - This represents the best score range and best financing terms. . 700-719 - Very Good - Qualifies a person for favorable financing. . 675-699 - Average - A score in this range will usually qualify for most loans. . 620-674 - Sub-prime - May still qualify, but will pay higher interest. . 560-619 - Risky - Will have trouble obtaining a loan. . 500-559 - Very Risky - Need to work on improving your rating. (MORE)
No, the items still aren't paid and were still charged or written off by the lender. Agreeably, the BK may make it so what you still owed is no longer due...but it was charged off (somebody took the loss and didn't receive what they anticipated and you promised they would, resulting in your benefit)…. And BK generally doesn't change the status (or release) a judgement...which once again will have always occurred and should be reflected as such...but may at some point become satisfied or the still due amount dismissed. You can't change accurate history... you had debts that the lenders had to act and go to judgment or collection over, that weren't paid as agreed. (MORE)
Not really. Chapter 13 bankruptcy stays on the credit report for seven (7) years (can be ten, but usually seven) and Chapter 7 bankruptcy stays on the credit report for ten (10) years. Once the term is over, you may dispute the bankruptcy with the credit bureau, however, there are no ways to remov…e the bankruptcy until the term is complete. (MORE)
Credit reports just report history...if the history is accurate...then it remains..we live with the past we make. Anything else would be inaccurate and fraudulent. If one does not like the history they created, they are wise to not repeat it.
While there are some Federal laws on fair credit reporting...credit reporting is an service information service provided by private cos for it's customers...they can provide reports for any period the customer wants to purchase...some customers only require reports covering a few years and certain i…tems...most standard credit reports have parameters that include BKs for 10 years, and liens, court jugdements, along with criminal and work and address history. A BK, being a federal court action, is a matter of public record and available to anyone looking for almost forever.. You can't change or tell someone to ignore the accurate history you make for yourself. (MORE)
It should rotate off of your credit report about 7 years after being discharged. It cannot be removed.
I believe the time it takes for a bankruptcy to be removed from your credit report depends on which typed of bankruptcy you filed but and I do mean but let me tell you what happened to me so that it does not happen to you.. In 1994 I filed bankruptcy after the death of my husband. Mostly, it was cr…edit cards and small loans.. I did re affirm with a couple of the companies and made a deal to pay them.. That bankruptcy would have been removed in 10 years and I could not wait for 2004 to pass in time because the bankruptcy really bothered me.. meanwhile I remarried, and after 5 years after filing I had already re established myself and my credit.. My new husband and I were even able to buy a house in 1999. Well, in 2004 when interest rates dropped we wanted to refinance and when I went to the bank that held our mortgage and started the paper work the finance officer ran my credit report and he said, :I don; t know how you even got the house in 1999 because it has here that you were late 22 times out of 24 times with Fleet Bank. I was stunned; especially since I never had a Fleet account but since we still would get a new loan with my husband's income only and save about $100 a month on our mortgage, we had to do it that way, and without my income; therefore, my name had to be taken off my mortgage because of inaccurate information on the credit report.. I was so upset and racking my brain to figure the entire mess out when just for the heck of it I pulled out my old bankruptcy papers and compared Account numbers only; not the name of the banks; and low and behold Fleet Bank was on the report where Colonial National Bank had been when the bankruptcy had been discharged. I contacted the big three agencies with documentation of proof that the info was inaccurate and in a couple of weeks I received from two of them corrected reports which also had some other wrong info. They apologized didn't do me much good though> I had lost my name on my mortgage. I was so angry but even more so when Equifax (who prides themselves on being so accurate) refused to remove the information. All they did was write (included in bankruptcy) which it wasn't since Fleet was not even a debt that I owed but when they bought Colonial National Bank evidently they still try to get the money even though it has been discharged. Also, when they put on the report, (included in bankruptcy ) it had already been past the 10 year limit. I did not feel good about having to file bankruptcy at all and I was so glad to be able to clear it up and then for that to happen was just plain wrong and I reported them to SEC with no help. When I filed the bankruptcy every thing I did was legal and I even re affirmed with several companies and paid them off, what Fleet bank did was illegal and equifax also acted illegally by leaving that on there for so long. Now, I can't even talk to the bank about my house or anything because my name is not on the mortgage and something needs to be done about this kind of thing. What is the point of bankruptcy if we follow the law but the Banks, and FCRA agencies don't. So my point is when you do file bankruptcy keep checking your credit reports especially before you go to try and get a loan and you are made to look foolish like I was.. ans . As answered here a zillion times...BANKRUTPCY WILL STAY ON YOUR CREDIT REPORT FOR AT LEAST 10 YEARS FROM DISCHARGE DATE.. As a matter of public court record it is actually available for much longer.. Credit reports are a private incormation service for subscribers, who pay fee's for the reports. Not all reports are ordered with full 10 year histories, some credit providers look shorter term. (MORE)
Nope...can't be done. The credit report MUST list accurately your history. We live with the history we make.. BK is a matter of public court record and that will not change either....
Your credit report? Wait 10 years from discharge. most Cr reports cover this for 10 years....they are simply reports of history and to have any usefullness and value must accurately report events. You cannot change the accurate reporting. As a matter of public court record...the information is actu…ally available for anyone that looks for much longer. (MORE)
Yes you can remove a bankruptcy from your credit report. You must dispute it to the credit bureaus using the Fair Credit Reporting Act. The credit bureaus have 30 days to verify the listing or it must be removed from your credit report. A bankruptcy should only be disputed if it is erroneous or inac…curate. (MORE)
If its a mistake- you can dispute it with the credit agencies. If you did in fact declare bk- that you ca do NOTHING about, but should drop from your credit report in 10 years.
When a Petitioner request her bankruptcy be dismissed 60 day after filing can this be removed from your credit report?
No, of course not. Credit reports are just expected to be accurate accounts of what has happened..thats all...if what you say is what you did, then it should be reported that way...anything else would be a lie, and at the very least, worthless. What it means, and how it may effect someones decision.…..is their own decision. They should just act on accurate info. (MORE)
I thought it was 7 or 10 years. We have been thru it but over that length of time. Today it still showed up for some reason.
It is not uncommon to come across errors in your credit report ranging from the spelling of your name, to social security number, to incorrect recording of payments. These errors can occur for several different reasons---but regardless of the cause, the burden is upon you to fix it. If you come acro…ss errors, you absolutely should fix them. It is only to your benefit to have the appropriate information reflected. Even a misspelling on your name could cause later confusion. For example, taking out a loan, the creditor may wonder whether you have credit under those other names or not, creating another step in the loan process where you'll have to explain yourself. While no one will catch errors other than you, the credit bureaus are required by law to investigate your claim of mistake and correct errors. So here is how you can go about clearing those errors up: Here are the steps you should take. . Write a letter to the credit bureau where you found the mistake. Explain the problem and provide the correct information. . If applicable, contact the creditor or store that reported the incorrect information. Try to clear it up on that end, as they have a responsibility to report accurate information. . Keep copies of all of your correspondence---chances are you'll be asked to produce it more than once. . Get written confirmation that the changes have been made to your credit report. This way, if the problem does not get fixed or reverts for some reason, you don't need to go through all of this again. . Check your report in another month or two and verify the changes have been made. It can take time for the changes to appear, so be sure to keep on top of it. . Submit a statement to the credit bureau explaining the mistake, just for their files. Note that if you are actually late with payments or the information is true, a personal statement explaining your circumstances will not help matters. But in the instance that a mistake is being cleared up, it can help to have a personal statement on file. (MORE)
Bankruptcy only impacts your credit for 7 years. Contact Experian,Transunion, Equifax to get it removed from your credit report.Addresses and phone numbers to all 3 are avail. on internet,