Removing Bankruptcy from Credit Report - Can It Be Done?
Having a bankruptcy on your credit report is all a loans officer, credit card
company, or mortgage company needs to see to determine you're not a worthy
candidate for a loan. How ever the fact is for a many Americans a bankruptcy
listed on your credit report is incorrect. If this is the case then removing
bankruptcy from your credit report needs to be top priority.
Where did the Bankruptcy on your Credit Report Come From?
If you have a bankruptcy listed on your credit report there are a couple of
ways it could have got there. Of course the first is that you at some point did
declare some form of bankruptcy. Not to be discouraged, because this can still
be disputed by the right professionals.
The second way a bankruptcy could appear on your credit report is in error.
The identifying information at credit bureaus is social security numbers. It's
possible that with a wrong digit entered someone else's information could end up
on your credit report in error.
How can you remove the bankruptcy from your credit report
Thanks to the Fair Credit Reporting Act any and all information contained in
your credit report can be disputed. This is the right of the consumer. By
disputing items such as a bankruptcy it puts the emphasis on the credit bureau
to verify the information is correct. If the information cannot be verified then
the item should be removed from your credit report.
Now this isn't to suggest that removing bankruptcy from credit report is an
easy task. Because of the legal aspect of bankruptcy it's smart to leave these
forms of disputes to a professional. There are several law firms both online and
likely locally in your town that handle credit repair cases, they are your best
alternative for a successful bankruptcy removal.
Who can remove a bankruptcy from a credit report?
Last year Lexington Law removed over 2000 bankruptcies from clients credit
reports. They did so in a legal way by filing disputes with the correct credit
bureaus and agencies to question the legitimacy of the bankruptcy.
Lexington is a law firm specializing in personal credit repair. They know the
ins and outs of credit repair law and can help you with removing bankruptcy from
your credit report.
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