Yes, you have to list EVERY creditor that you have an account with, even those that you are current with or have no balance due. You can run the risk of getting in trouble with the bankruptcy court if you don't.
That depends on HOW they notated the account. If they marked it as 'included in bankruptcy', even if you did not list them on your creditor matrix, you probably will not succeed in disputing it, but you can try.
Yes but it will also list that you are making payments!
That depends on what you mean by "can't find or locate a creditor". If you get a copy of each of your credit reports, they will list the contact information for each of the creditors that are reporting any type of information about you on your credit report. if you cannot get a response from the creditor after locating their contact information on your credit report, then you may want to "dispute" the information with the credit bureau that is reporting the information. Simply write a letter to the credit bureau stating that the information being reported on XYZ account is not accurate. Please remove this information from my credit file. The bureau will contact the reporting creditor...if the creditor does not respond within a timely fashion, the information will be removed from your credit file.
Only those creditors you list on your bankruptcy schedules / creditor matrix (list) will receive actual notice.
A charge off is an account that the creditor has decided not to collect on. When they are listed as a charge off, that does not mean anything to you except a ding on your credit report. You are still obligated to pay the debt. What usually happens is a third party debt collection agency will make arraingments with the original creditor to come after you. This can be a double dip on your credit report because the original creditor might list it and the debt collector might list it also.
Yes your papers will list all the creditor that was discharged. I did some research and found out myself.
Paid repossession would be the best option. This, even though it is a negative mark, is less so due to the satisfaction of the debt. Count yourself fortunate, as the lender could list it as paid-settlement, which would be less positive.
No, debts, liens, judgments incurred after a bankruptcy has been filed cannot be included and therefore cannot be discharged in the BK proceedings.AnswerI was informed that if you had included this creditor in your bankruptcy, which was discharged, the creditor should have stoped all actions towards obtaining a judgment against you. I believe this judgment can be discharged by filing a discharge request with the court administrator and only then removed from the credit report. However, if you did not list this creditor on your bankruptcy, then it will prevail. Call the court administrator.
A person can find a list of repossessed cars that are for sale in several different places. Some of these places include GOV-Auctions, Auto Bidmaster, and Pickles Auctions.
Creditors grant credit to those people who are likely to repay them. They gather all kinds of information during the risk assessment process. Much of it is to be used in case of default.
You should stop using credit cards before you file or you will have to pay all of the debt you incurred after you filed. When you file you have to list the debt and the company. If you keep using it you maybe challenged by the creditor.
My guess is that they probably can still list a repo on your credit report. Normally you get a double-hit on your credit report when you surrender property in bankruptcy: you get hit with the bankruptcy (which knocks your credit score down by 75 to 150 points) and you get hit with a repo/foreclosure for the surrendered property. Just because a debt is discharged in bankruptcy doesn't mean that it won't be listed on your credit report, it simply means the debt is no longer collectable. The credit report will continue to show the debt on your credit report and should list it as "discharged in bankruptcy." Similarly, if a person surrenders a home in bankruptcy, the foreclosure still goes on their credit, and if a person surrenders a car in their bankruptcy, it still shows up as a repo on the credit report. So, my guess is that a repossessed car, even one for which the debt was wiped out in bankruptcy and one that was not repossessed for some time after bankruptcy since voluntary payments were made for awhile, will still show on the credit report as a repo when it is ultimately repossessed. I can't say this is a definitive answer, but this is how I think the process works. 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.
Many banks will have a list of repossessed vehicles at their branch offices. They may also have a list of these vehicles on their website. Some banks auction off cars that are repossessed and they wind up at used car lots.
A great place to start is your credit report. It will generally list all credit accounts you have had - even if they have been closed - along with the name and address of the account holder.
There are many credit card companies that offer reliable credit cards. However, my list of reliable credit cards would include Visa, MasterCard, HSBC, and RBC credit cards.
Yes, if the tenant is not included in the Bankruptcy creditor list
It happens all the time - but it shouldn't. More people should look at their credit reports so they will know what's on them. Check the Fair Credit Reporting Act. By law, only one creditor can list a given debt. Typically it's the original creditor (the subscriber reporting to the credit bureaus), that reports the information. While I don't want to advise you (I'm not an attorney) I would challenge anything on my credit report that I believe is incorrect. I would demand validation of any debt that I believe is incorrectly reported. One of the two institutions will be unable to validate because they cannot simultaneously report the same delinquency. With that said, remember: many people believe that whatever they do, they're not REALLY guilty as long as they don't get caught. The credit reporting agencies are no different. Until you challenge the lie on your CBR, your credit score will suffer. Pay your bills on time and these things will be less a concern over time.
There are several websites which offer these comparisons, a lot of credit card programs will even list them for you to compare theirs versus their competitors.
There is not a national repossession list available. Many banks do have lists of vehicles that have been repossessed. These lists are made with the hopes of reselling these vehicles.?æ
You are not supposed to do this. You need to list all of your debt. In all likelihood, what will probably happen is that the credit card will find out about it anyway and cancel the card. Even if you have a 0 balance, the credit card will probably take it upon themselves and cancel the card.
Your local car auction can provide you with a great selection of repossessed cars and trucks. You can contact banks and lending istituions for a list of cars tey have for sale most cars are sold at auction.
You can go to www.creditcards.com. There you will be able to get a current list of all the credit cards with the best interest rates.
I can only answer on my own personal experience. When I applied for a mortgage I got a copy of the credit report and it showed a list of the things that positively and adversely affected my credit score. According to that, my judgment brought my score down 100 points.