Here's the situation. You filed for Chapter 7 bankruptcy a few years ago. You just obtained a copy of your credit report and to your disbelief you've discovered that several of your pre-bankruptcy creditors are still listed as active although delinquent accounts. But, your bankruptcy attorney told you all those credit accounts would be deleted and the removal would be reflected in your credit report. At this point you are basically baffled and want some answers.
Unfortunately, you have just found one of the most frustrating post-bankruptcy problems you'll ever come across. The problem, however, is easy to explain. The explanation? There's a large difference between your creditors and the credit reporting bureaus. What does that mean in simple english? It means your successful petition for bankruptcy wipes out your debts with your creditors. But, it doesn't remove the details of those debts held by the credit reporting agencies. There are two ways that to handle this dilemma.
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First, pull together all of the following documents:
Your driver's license Your Social Security Card Schedule F (the schedule of your debts from your bankruptcy case that provides the name, address and account number for every creditor)
Put together three copies of each of these documents and keep them together as a packet. You'll be sending these packets to every one of the credit reporting bureaus.
Now you want to make use of the dispute resolution process of every one of the credit agencies. They each offer this process online, by phone or by mail. I suggest you make use of the mail so you'll get everything in writing. You need to mail each one of the bureaus a copy of your packet with a statement explaining that each creditor reported as active or with derogatory info was included in your bankruptcy and, as a result, ought to be deleted from your credit report.
You'll be able to get a lot of data on this dispute process from the web sites of each one of the bureaus, Equifax, Experian and TransUnion. You will need to monitor your dispute to make sure the credit reporting agencies pursue and remove the objectionable items.
Now, for the second possibility: Hire a lawyer to do everything listed above. If you are just not comfortable performing these steps yourself, there are lawyers who specialize in bankruptcy credit report repair. And, they actually aren't that expensive. The two most well-known are Lexington Law and Ovation Law.
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