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Credit Repair

When you retain us to file either a Chapter 7 or Chapter 13 Bankruptcy Case, the services are threefold. First, we immediately instruct all creditors to stop all future communications and harassment. If they violate the State and Federal Laws in this regard, we sue them. Second, we prepare, file, and conclude your Bankruptcy case, from start to finish. In Chapter 7 this is generally 4 months and Chapter 13 generally 3 to 5 years. Finally, we clean up your credit after discharge and case closing.

Once you receive discharge, your credit reports should report each debt with a $0.00 balance and "discharged in bankruptcy." Reporting anything else is simply illegal. For instance, the following items would be illegal to report by a creditor:

  1. Balance of $5,000
  2. Past Due $350
  3. Charge Off on (date after bk filing)
  4. 90 days past due (if past due arose after filing date)
  5. Foreclosure (if took place after bk filing date)
  6. Repossession (if took place after bk filing date)
  7. Collection

It is illegal if a creditor either uploads this false information each month after discharge, or just fails to update and correct this information. Unlike other bankruptcy attorneys, we make sure all the credit bureaus are notified of your Bankruptcy Filing. Likewise, we make sure all the credit bureaus are aware of the Bankruptcy Discharge. Finally, we send dispute and verification letters after your discharge to all the credit bureaus. These 3 separate and individual notices sent to all the credit bureaus trigger the laws under the Fair Credit Report Act (FCRA) which then require communications to take place between the credit bureaus and your creditors to make sure all accounts are reporting a $0.00 balance and "included in bankruptcy."

If anything else is then reported, we then offer services to reopen your case and sue that credit report. Generally, this results in the creditor paying our attorney fees, paying you compensation, and deleting the false information. But depending upon the circumstances, the lawsuit would be huge. For example, in September, 2007, over a million dollars was awarded against Wells Fargo for false reporting!

Since its big business to leave false information on credit reports in the hopes that the debt might be paid to repair credit, refinance a home, or buy a car, we frequently see false credit reports. What's worse is that despite all the lawsuits we bring against creditors for this illegal conduct, they still continue. This is because it still remains more profitable to pay out claims which is only a small fraction of all the money they are making from the false reporting.

So if you find anything on your credit report that is not reporting $0.00 balance and "included in bankruptcy," please bring that to our attention. We highly recommend that you order an updated credit report from each of the three major agencies about a month after you receive discharge. We also recommend that you get another updated copy of your credit reports 6 months after discharge, since in many cases, the creditor only temporarily complies with the laws, but later reports the false information after you think it was correct. Remember, reporting is done monthly, so it’s advisable to check your credit at least twice a year. You can do so either by us pulling your credit for a fee or through annualcreditreport.com.

 







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    Laguna Hills Bankruptcy
    25401 Cabot Rd.
    Suite 113
    Laguna Hills, CA 92653
    Call 888-362-6529

    Santa Ana Bankruptcy
    930 West Seventeenth St.
    Suite C
    Santa Ana, CA 92706
    Call 714-795-3536

    Corona Bankruptcy
    1411 Rimpau Ave.
    Suite 108
    Corona, CA 92879
    Call 909-708-4597

    Moreno Valley Bankruptcy
    24490 Sunnymead Blvd.
    Suite 101
    Moreno Valley, CA 92553
    Call 951-579-4756

    Watsonville Bankruptcy
    444 Airport Blvd.
    Suite 109
    Watsonville, CA 95076
    Call 888-362-6529

    Oceanside Bankruptcy
    1930 S Coast Hwy
    Suite 206
    Oceanside, CA 92054
    Call 760-450-3333

    Chula Vista Bankruptcy
    333 H Street
    Suite 5000
    Chula Vista, CA 91910
    Call 619-500-6535

    Escondido Bankruptcy
    320 East 2nd Ave.
    Suite 108
    Escondido, CA 92025
    Call 760-746-4476

    La Mesa Bankruptcy
    4817 Palm Ave.
    Suite I
    La Mesa, CA 91942
    Call 619-462-362

    San Diego Bankruptcy
    185 West F St
    Suite 100
    San Diego, CA 92101
    Call 619-234-3626