Credit Repair Legal Questions

There are non-bankruptcy solutions to debt but, for some Bankruptcy is the right answer. Even in a bankruptcy, you can still keep your house and car. You should talk to a bankruptcy attorney and a debt settlement company and CAREFULLY compare the two options and then do what is best for you. What you must not do, is do nothing, if you do, creditors will pile up judgments against you and even bankruptcy won't help you. Good luck!... Read More

You need to send a written dispute to the credit reporting agencies that this collection shows on, with a cc to the collection agency. Send the letters certified mail. If you to to www.annualcreditreport.com you can download all 3 of your major credit bureau reports. Send the letters to the dispute address shown on the report and explain in the letters why you dispute the charges. If the collection agency does not remove the debt you can include a dispute statement in your report. You can also settle the account by negotiating an amount less than the full amount. If you do this, get any agreements in writing from the collection agency and include in the agreement that they will either remove the item from your report or put the balance down to $0. Since this is a tenant issue you need to check some fo the tenant screening agency reports. Her eis a link from the CFPB with information about how to request those reports. https://www.consumerfinance.gov/about-us/blog/know-your-data-updated-list-reporting-companies/  Good luck.... Read More

Generally, lenders require that a Chapter 7 discharge be at least 2 years in the past before qualifying a borrower.  Additionally, since your name remains on the mortgage, any potential lender will normally require that you divest yourself of that property and mortgage before approving you for another one.  Having said that, it costs nothing to inquire and there are many mortgage brokers to choose from. I trust this answers your questions, and, if you live in the Delaware Valley, feel free to call or email on a free initial basis.    Best Regards,   Matthew R. Nahrgang, Esquire 35 Evansburg Road, Ste 400 Collegeville, PA 19426 (610) 489-3041 o (610) 489-3042 fax nahrganglaw.com... Read More

If you have an eviction on your record - that is, a summary ejectment ation was filed against you in a small claims court - there is no way to "repair" this away. It is a truthful report. Even if the summary ejectment case had been dismissed, the fact one was filed against you is truthful. Avoid "credit repair" companies. Please feel free to tell me specifics about how this eviction is showing up if you need more clarification.... Read More