I was discharged from a Chapter 7 in January 2006.
Before i filled, i had a car loan that I was in collections for. The car was in an accident (friend was driving) and was taken to a body shop to be repaired. Long story short, the repairs never happened and I received a notice that the car had been "reposessed". I soon after received a summons notice in regards to the unpaid debt. I filled the chapter 7 and was told by my attorney that it would be taken care of.
The lender was listed in my schedule D as a secured claim and under section 5 as "Repossessions, foreclosures and returns (because i no longer had the car to "surrender").
i just pulled my credit report and found 2 sections labeled "judgement" on my credit report.
My attorney is no where to be found. (phone number is disconnected and 411 doesn't have any new numbers for him).
My question is, can this judgement be removed from my credit report or am i going to be stuck with paying the $9000+ ??
2007-01-30 13:24:55 · 6 answers · asked by Anonymous in Business & Finance ➔ Credit
I would get a copy of your credit report from one of the credit bureaus and then dispute the judgement shown on your credit report with the credit bureau. Advise them that this judgement should have been included with your bankrupcy. The credit bureau should be able to do an investigation on your behalf. Hope this helps It is also a good idea to check your credit report with all of the credit bureaus and dispute with each one if required as they do not share any info.
2007-02-03 03:16:11 · answer #1 · answered by Isabella 4 · 0⤊ 1⤋
You don't need to pay the $9,000 judgment. Is there a discharge date on the repo judgment? If not, send the BK 7 schedule along with case # to the bureau that is reporting. They are required to correct your information. The BK 7 itself is also a judgment, it will remain on your report. You don't need your attorney to get your credit updated. You have rights under the FACTA law. You can get a summary of the law at www.ftc.gov. The bureaus are required to correct your data within 30 days of receipt of your challenge.
2007-02-07 09:06:20 · answer #2 · answered by CJ 2 · 0⤊ 1⤋
Chapter 7 bankruptcy is the commonest denotation of bankruptcy. It stands for waiving or canceling of debts that you have incurred. As an individual, you can select between Chapter 13 or Chapter 7 bankruptcy. Selecting between the two is not easy. The bankruptcy court will study your circumstances before deciding which type of bankruptcy is applicable to you. The Chapter 7 bankruptcy is applicable if you have no regular sources
2007-01-30 21:58:39 · answer #3 · answered by Anonymous · 0⤊ 2⤋
Wait 7 years ... Or in the future just pay you debt and quit draining our country
2007-02-07 11:31:12 · answer #4 · answered by Bobbo 3 · 0⤊ 2⤋
Judgement can be removed..Provide proof to credit reporting agency and they must remove it.
2007-02-06 18:20:08 · answer #5 · answered by Cobra 2 · 0⤊ 1⤋
go back to attorney
2007-02-06 03:32:46 · answer #6 · answered by tennessee 7 · 0⤊ 2⤋