How do i remove negative things off of my credit report? i filed bankrupcy.?

Question

i know i cant get the bankrupcy off and thats fine but i wanted to know how i can get the negative thing i got charged off, off my report?

Answer 1

Depending what country and state you are in, there may be legislation that prevents that kinda information from being removed for a certain period of time. For eg: it could be 5 or 7 years.

Another way to go about it, visit the births, deaths and marriages registry (or whatever it is called where you are) and try to change your name. Even if its just your first name, or take a letter or 2 off it. Then apply for a bank account, license etc in the new name and start fresh.

Answer 2

When it was charged off date to 7 years. The Collection agency does not have any right to report the debt on your report. They use to buy accounts and do that, but many of them got sued to the point where they can only claim to be a collection agency for the charge off and can't double report the same debt, without violating the credit reporting laws. The abuse was also linked to violating the FDCPA. If you find this on your credit report you can sue them for money and you would win in most cases. Contacting the Collection agency does not re-open the charge off date. If you heard this stuff from a collector, then they are lying to you, which isn't much of a surprise. Anyway, the credit reporting agencies do not want to get sued and don't double report charge offs because a collection agency sent it in and they know to evaluate this under the laws that govern them. In cases where you are sued to pay, it is highly illegal that a debt collection agency claims the same suite report as in double jeopardy.

Answer 3

You can't remove negative things off your credit report that are legitimate. Legally it can stay on your credit report for 7 years.

The good news is that if you file bk, then after about a year or so the negative accounts on your report seem to disappear. i don't know if this is because the credit bureaus delete them if they were included in the bk or if because the creditor removes it. My husband and I filed bk a few years back and within the first year all his negative accounts were gone.

Answer 4

I recommend credit repair unless you have lots of time and a high tolerance for aggravation. Some things are better left to the professionals. A quality company will be a non-profit, offer a money-back-guarantee, and commit to raise your score up to 90 points in 90 days. They will likely challenge the bankruptcy as well.

Answer 5

Only time will get legitimate negative items off your report and anyone who tells you differently doesn't know what they are talking about. There are a lot of scams out there who will charge you a fee and promise to "fix" your report but legitimate items will not not be taken off of your report. Third parties rely on your credit report to make informed decisions on whether or not they want to lend to you....anyone including yourself who tries to manipulate your report by providing false information when disputing legitimate trades may not only be committing fraud but could be sued by the third parties who are relying on your report to make credit decisions.

Answer 6

time is the only thing that legally gets negative things off of your credit report.

Answer 7

I don't know exactly how, but I know that lawers do that for sure.

Global Investors Community
http://www.moneyhowto.com