Home /
Archive by category 'Credit reporting'
Written by: leonora | Published on: March 20th, 2012
The following scenario happens regularly during my consultations: – Potential Client: “I know bankruptcy would really make my life easier, but I want to avoid it at all costs, because I really want to protect my credit.” – Me: “Oh, how is your credit right now?” – Potential Client: “It’s not …great, but I heard that after bankruptcy…that’s it, you can’t buy a car, you can’t buy a house, you can’t get a credit card. Your credit is ruined for the next ten years. That just won’t work for me.” – Me: “It is clearly a very common misconception, and [...]
Written by: leonora | Published on: January 23rd, 2012
After you filed bankruptcy, you want to restore your credit as soon as possible. The best way is to make sure that all the debts included in your bankruptcy are reflected as such on your Credit Report. I always tell my clients to review their Credit Report within 3-6 months after they receive their Discharge and to contact me if there are any errors. You can and should review your Credit Report after you receive your bankruptcy Discharge. If you see any errors, you can contact the Credit Reporting Agencies to remedy the problem. You are welcome to use this [...]
Written by: leonora | Published on: August 2nd, 2011
I always encourage my clients to review their credit report approximately 6 months after bankruptcy, to make sure their discharged debts are accurately reported. You can review your credit report for free at www.annualcreditreport.com every 12 months. You can also request a credit report from all 3 credit reporting agencies: Experian, Equifax, and TransUnion. In fact you should make sure: 1. That your bankruptcy is reported and that the correct dates and Chapter are reflected in the credit report. 2. That all debts discharged are reported as “included in bankruptcy.” 3. That all debts included I bankruptcy are reported a [...]
