 What should my disabled mom do about her past due credit card debt? |
| My mom has a past due credit card blance of $3,100 from one credit card. She got it right after my Dad passed away and for the first year she kept up with the payments but after that, the credit ... |
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 I have a credit card (balance was 10,800) that was just turned over to collections....? |
The collection agency is telling me that they/credit card company will liquadate my assets if I can't pay balance in full. I dont have that much money and can't pay it in full.
Does ... |
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 How can i find out if there are any credit cards under my name?? |
| i was wondering how id be able to know if someone has a credit card under my name. my social security number was on top of my table in the lving room and i had a small gathering and so i would like ... |
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 Should I pay my credit cards minimum amount or should I fully pay it off? |
| Every month the minimum is about 15 dollers and I pay that off, making the full amount easier to pay in one shot. Should I just keep paying it off little by little or should I do it all in one shot? W... |
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 What is the incentive for merchants to let you pay by credit card? |
| for every transaction taht you pay the merchant with a credit card, the credit card company charges them a fee. why would merchants agree to letting you pay by credit card then, when they have to pay ... |
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 I Owe 5000 on a CC, with interest, Can I really Be Sued for 10,000? |
| I've been avoiding this and it's my fault. I checked out my credit report and aparently now I owe them 10,000 after they've added on interest! What do I do? I have no job, I own ... |
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 Why are my credit card interest rates going up? |
| it's going from 9.99% to 24.99% i've never missed a payment in the 3 years i've been with them and almost always paid more than the minimum payment. i've never missed any of my ... |
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 Whats Better for credit scores? |
| I paid off my balance today and iam wondering if carrying a balance or paying off your balance is better for your credit ... |
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 How to get a loan if your credit history is bad? |
| I want to buy a property or mobile home, sell my property first but need a loan, mortage how can i apply if My credit is bad and who to go to who is reputable UK ... |
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 Should I...? |
| Should I...pay off both my credit cards a little at a time, at the same time, or pay one off, then the other? Which is better for my credit?... |
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 Is Walmart open on New Years? |
| I've looked around and couldn't find any answers. I was hopeing one of you guys might know.... |
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 What would you do if a credit card company sues you? |
| I have recieved a letter from the court that a credit card company sues me and had made a judgement about me. This is the first time that ever happened to me. I dont want to go thru all that messed ... |
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 Im feeling so helpless lately, borderline suicidal...? |
| Im not posting one of those whoa is me type questions but it seems like when it rains it pours - Ive never had just a couple of issues in life it either goes from good to very very bad or vice versa, ... |
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 Does anyone know of any website that you can get a free credit report? |
| no not creditreport.com they say its free but you have to put in your debit card information..and um no..im trying to look for a website that you can actually do it free the first time or something ... |
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Pisces Princess | Is there a way to clear bankruptcy on your credit report? |
I filed bankrupt about 2 years ago. I've considered contacting the creditors that were involved to see if they'd work something out with me as far as my paying these debts off. I'm wondering if I pay them off would they put something on my credit report that states that I've paid as agreed or something that wouldn't make the bankrupt look so bad. At the time I was ill and I tried to work with a company to work on the debt however the company was being paid a lot and was offering me no service at all. I've since then gotten my money back but the end result was my filing bankrupt. My car was included in the bankrupt in error and I've been paying on that faithful because I explained that my car was never suppose to be added to the bankrupt. I faxed some original documentation that stated that the typed documents were incorrect therefore the company was willing to work with me. Do anyone know if there is anything that I can do to clean up my credit history as far as the bankruptcy? |
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t D
 |
With years in the credit business:
I wish people wouldn't post info unless they really knew what they were talking about!
A chapter 7 will stay on your credit for 10 years, a chapter 13 for 7 years.
If you went through a chapter 7, there is no point in paying anything, as your debts simply no longer legally exist.
When working with customers who have had a BK, here are the things I tell them to improve their credit:
1. Has any of the debt that was included in the bankruptcy appeared on the credit report as LATE past the date of filing. It is so, so common for your creditors not to get notice of your BK and continue to report your debt as late. As they can not do this as of the date of filing, the very first thing I have my customers do is to mail a copy of their entire BK petition and discharge form to each credit bureau with a dispute letter. The dispute letter should include the names and account numbers of the accounts which are showing late payments past the date that you filed your BK in BK court (NOT the date you received the discharge).
2. Don't pay a dime to your creditors, it will make no difference in the way they code your bankruptcy and will not benefit your credit report in any way. (In fact, it could make things worse by making a bad, old debt look like a bad, current debt).
3. Review your credit report for other errors and dispute anything that is negative. The bureaus must verify your debt or delete it - the burden is on them for accuracy. It is not your responsibility to demonstrate the debt is wrong, but any info you can provide to prove it is wrong will be a help.
4. 2 years out of BK is not going to get you a whole lot in the way of credit, so be patient until more time passes.
5. Pay your bills on time each month and get a secured credit card if you want to work on reestablishing your credit. You've got the BK, but post-BK should be crystal clear.
Get a copy of your credit report for free at www.annualcreditreport.com
I think the other site pays someone to post their info, but do not go to freecreditreport.com because you need to pay for the service to get the free report. It's a shameful scam.
Best of luck! |
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dougzinboston
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Bankruptcy is a court ruling. If there was any chance you'd be able to lift the bankruptcy, you'd have to contact your bankruptcy lawyer. A court is the only place you could go to to alter a former court's ruling. If you got your money back via court proceedings, ask the lawyer that represented you on why the bankruptcy wasn't lifted. A lawyer and a judge are the only two that can halp you at the moment, no letter to the bureaus will be able to do anything. If you can't get it lifted, you'll have to wait another 5 years for it to fall off. |
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Sara S
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It will clear after 7 years |
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Starry Eyes
 |
you gotta wait the 7 years just like every one else with bad credit |
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gtofinancial.tomvoli
 |
The credit report is a history of what happened. If it is accurate it will be difficult to remove but the laws provide you the right to a review of the report and an investigation on it's accuracy.
Here is some additional info. Hope this helps. |
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Gene
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Bankruptcy is a legal ruling. Your old creditors have already written off the loss. No matter whta you do, it's on your credit report for a minimum of 8 years I beleieve. |
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Matt G
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Time alone will clear the bankruptcy off your credit record. All companies for the next 8 years will see that you filed. Don't you think the companies you are asking credit from deserve to know? |
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Bill Clinton
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1. go to www.annualcreditreport.com and get ALL 3 credit bureaus. - follow their directions on diputes
2. send a copy of your list of creditors (to ALL 3 bureaus) from your bankruptcy to make sure all of the accounts are updated as included in bankruptcy and that will show a zero balance and put all of your tradelines at the bottom of your bureau.
3. send the reaffirmation papers of your car to all the bureaus that show the loan, this will put your pay history back on the bureau.
4. you cannot make your bankruptcy go away for 10 yrs, but after two years you should be able to get conventional interest rates.
5. AFTER you have updated your credit files - Utilize your local credit union and pay all your bills on time. Derog credit after a BK will hurt your score badly especially if it is a credit card |
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