Powered by RealTown Blogs

Credit Repair

Jan. 28, 2008 - How to Remove Foreclosures from Your Credit Report

A foreclosure can be reported on your credit report for 7 years and should be avoided at all costs. A foreclosure can be devastating to your credit scores. If you have a foreclosure on your record, credit repair should be one of the very first things you look into. A foreclosure can be deleted from your credit report just like any other negative account, but you must know what you are dealing with or you could actually make matters worse.

 

Looking to Get that Foreclosure Removed from Your Credit Report? 

Call or Visit Lexington Law  for a Free Credit Consultation: 1-800-220-0084

 

If you would like to remove a foreclosure from your credit report, you will first want to learn about your rights in the Fair Credit Reporting Act and all other laws having to do with foreclosures and credit reporting. The better you understand your rights, the easier it will be to have your foreclosure removed from your credit report.

Most people would claim that they don’t have the time or resources to commit to learning about the laws and their rights, but it’s very important to know your civil and consumer rights. If you don’t have the time you may want to seek legal help and/or consult with a credit repair company.

Credit repair companies specialize in removing foreclosures and other negative items from your credit reports. They focus on correcting inaccurate and erroneous information on your credit report. If a negative item on your credit report is disputed and can not be verified by the creditor or contains any kind of inaccurate information it must be legally corrected and/or removed from your report immediately.

Comments (42) :: Post A Comment! :: Permanent Link
View more entries tagged with: , , , , ,

Jan. 29, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Dorene Shirley
Chane - I have a legal and moral concern with your blog content.  First, credit repair is illegal.  You can't repair credit...you can correct items that are incorrect.  You can increase scores by balancing the negative items with establishing new accounts and paying them on time.  We do have rights under the Fair Reporting Act, but if in your statement,  "If a negative item on your credit report is disputed and can not be verified by the creditor or contains any kind of inaccurate information it must be legally be corrected and/or removed from your report immediately"  leads one to believe that all they have to do is dispute an item whether it's true or not and the creditor doesn't respond within 30 days, the item must be removed.  I realize the line above this states "they focus on correcting inaccurate and erroneous information on your credit report", but I have found in the many years in the biz that these "repair" companies have very few scruples.  I have no doubt you meant to post good and correct information to readers, but I wanted to throw in my two cents for clarification.  
Permanent Link

Feb. 1, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by C. Steiner
Credit repair is absolutely NOT illegal.  You can call any judge, prosecutor, attorney, law student...anyone and ask them if credit repair is illegal.  Most realtors know that it's legal and many of them refer clients to credit repair companies on a regular basis.

As a Real Estate and Mortgage banking professional with over 28 years of experience, it's embarrassing that you made this comment.

Please do some more research about the subject before you ever tell anyone else what you just told me.  You could really end up hurting people financially.  This subject is way too important for this kind of ignorance.
Permanent Link

Feb. 1, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by C. Steiner
My name is spelled Chane. :)

You questioned my integrity by commenting that I'm promoting something that's illegal and morally wrong.  And then later stating that you hope I'm not a scam.

Anyway, I'm not worried about my reputation.  I'm worried that people in positions such as yours are spreading misinformation.

I will apologize for my reaction if you promise not to tell people that credit repair is illegal and promise to do more research on the subject.   It could really help your clients and anyone else you might know that suffers from bad credit.

Remember, the credit bureaus are not your friends!  They are private companies that make money selling your private information.  They don't check with you to see if it's accurate.  They are not government agencies.

Under the Fair Credit Reporting Act, the only information that can remain on your credit report is not what is accurate, but what can be proven as accurate.  If it can't be proven/verified it absolutely must be removed.  This is not "my opinion".  This is FEDERAL LAW as clearly stated in the FCRA.
Permanent Link

Feb. 1, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by C. Steiner
Please point out where I've ever told anyone to lie to anyone.  You are the one twisting my words.  I've never told anyone to lie.  In fact, if you read my articles, I say that it's absolutely unnecessary and the consumer should NEVER lie to a creditor or the credit bureaus.

You're out of your league here talking about credit repair with me.  I've learned from the top experts in the country.  You should be a spokesperson for the credit bureaus.  They NEED consumers like you spreading misinformation.

You obviously have not read the FCRA because you're misquoting it.  The law states that once you dispute an account the credit bureaus must correct or delete inaccurate, incomplete or unverifiable information within 30 days

Whether or not the account is "really" yours has no bearing on the credit bureaus responsibility to verify it. If it can’t be verified, it must be removed from your report.  Creditors can NOT continue reporting accounts that they don't even have records for.  I tell my clients to dispute it saying something like this:

"Please provide documentation that the following accounts belong on my credit report and that my rights have not been abrogated. Otherwise please delete this damaging data immediately."

There is nothing dishonest, immoral or unethical about that.  I'm not telling them to say "it's not mine". 

If you really cared about your clients, you'd learn the truth about credit repair and help them get the best interest rates which will save them thousands of dollars.  Good luck to you, Dorene.
Permanent Link

Feb. 5, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by dave
I think what we have here is  a debate on what the law is suppose to be,  Dorene believes that  law is suppose to be moral and therefore it is  inmoral to try to delete stuff from your credit report if it is factually true, however the law is based on technicalities and loopholes not what is morally right  ( your confusing the law and justice two things which are not mutually exclusive) so it is perfectly legal to challenge anything using the rules and laws to your best advantage, it dosen't mean it is the right thing to do  but it  is perfectly legal and people who do this  including myself are not criminals or engaging in fraud.
Permanent Link

Feb. 11, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Rick

Dorene,

I am currently using a credit repair agency and they are doing a phenominal job on my credit report.  If you think that the credit bureaus are actually out to help us, you are mistaken.  Do you know how difficult it is to remove items directly with the bureaus?  It's nearly impossible.  Hiring an attorney or credit repair agency can greatly improve your credit score.  Yes, i'm sure there are many companies that scam people, but that happens everywhere.  It's up to the consumer to check their references and the B.B.B..  Personally, I had a foreclosure removed from my report.  I don't feel that it was illegal because the I used the bank's appraisal and it happend to be fraudulent.  Of course i didn't find out until after the fact.  Bank are practicing predatory lending tactics. So we have a right to fight back and remove foreclosures.

Permanent Link

Feb. 11, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Anonymous
Quoting Rick:

Dorene,

I am currently using a credit repair agency and they are doing a phenominal job on my credit report.  If you think that the credit bureaus are actually out to help us, you are mistaken.  Do you know how difficult it is to remove items directly with the bureaus?  It's nearly impossible.  Hiring an attorney or credit repair agency can greatly improve your credit score.  Yes, i'm sure there are many companies that scam people, but that happens everywhere.  It's up to the consumer to check their references and the B.B.B..  Personally, I had a foreclosure removed from my report.  I don't feel that it was illegal because the I used the bank's appraisal and it happend to be fraudulent.  Of course i didn't find out until after the fact.  Bank are practicing predatory lending tactics. So we have a right to fight back and remove foreclosures.


Chane,

Your the man!  Keep up the good work..   After 4 foreclosures, I thought I was dead in the water.. Reading articles like this really helps out.   I hired a company to do the leg work for me..  Paying 35-40 a month to do my dirty work isn't going to break me..

Permanent Link

Feb. 12, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by milena

Rick,

I completely  understand what you are saying. I as a divoced mother of three small children find myself in the same water. I it vary hard to clean your credit or even repair it like Doren states.

If you have the name of the agency helping you with your credit I would really aprecciate if you were to provide me the information.

Permanent Link

Mar. 26, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by mardielys
necesito que me ayude a remover un foreclousure de mi reporte de credito por favor , respondame si recibe este correo
Permanent Link

May. 24, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by paul
Rick I would like to know who you used to work on your foreclosure credit problems
Permanent Link

Aug. 22, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Ken

Oh stop.  Talk about legal and illegal.  You know nothing.

The credit scoring system is the biggest scam ever perpetrated against law abiding american citizens. 

There are countless numbers of americans that have totally incorrect information on their credit reports but are helpless to get it removed.   I could type for hours about individual cases of people I've worked with.

I used to be one such person.  Even a notarized letter from the creditor directly was not good enough "proof" for the credit bureaus.  

Stop drinking the Kool Aid and spewing all this garbage about rights and laws.  The credit bureaus are PRIVATE DATA COMPILERS.  They make billions off of people with bad credit.   They don't care if your credit is good or bad and do only what they have to in order to remain in compliance.

It has absolutely nothing to do with whether an item is correct or incorrect on the credit report.  It is what the credit bureau can prove.

Permanent Link

Sep. 7, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by valerie gibson
i just wanted to say that this site has been very helpful. I had givent up almost on trying to fix my problem. I have been in Iraq for 15 months, and the person in charge of my home did not do a good job witht he end result being my home when into foreclosure. i have been fighting for the last 8 months trying to get it back to no avail. So here i am a  26 year old that once had excellent credit to now trying to fix th corrections because i trusted someone else to handle my business while i was deployed. So this gives me home. and because i know that i did the right thing. I know that things will workout in my favor and that my credit will be great again  thanks for the information
Permanent Link

Sep. 29, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Kevin

Dorene:

I am an attorney and I CAN speak definitively on one thing you've said. Credit repair is NOT illegal. In fact, your statements that Chane is proposing or advocating an "illegal" process is borderling defamatory, so you should watch your words more carefully.  Don't loosley flaunt that allegation and then act put-off when someone takes offense. And yes, those were your words: "credit repair is illegal." So quit trying to backpaedlle and simply admit you were overgeneralizing.

 

Permanent Link

Oct. 11, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Theresa

Dorene,

I really hope that you are not telling your clients that credit repair is illegal. The burden of proof is on the creditor. If the creditor can not prove specifics as outlined in the FCRA, then yes, they must remove the information from the report. In fact, negative information is not supposed to appear on your credit report until the debtor has had the opportunity to dispute and validate the creditor's claims. So technically, if this process is not followed they have actually "broken the law" and can be sued in small claims court (FDCPA Section 809. Validation of debts [15 USC 1692g]. You may want to get with a more qualified source before placing misinformation in a blog.

Permanent Link

Oct. 31, 2008 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Voice of Reason

I own a very reputable licensed credit restoration company.  To be honest its not my business and I have no concern for any kind of "Guilt" to a credit item.  Its not my job.  Its every persons right to dispute something unless they know 100% that it is the accurate amount for sure!  Which most people don't have any idea if it is.  Also that its the right account number, creditor, balance, know what all the fees are for and how it got to that balance.  If the information proves to not be true, then legally it is considered "NOT THEIR ACCOUNT" and it is removed.  If it does stay on the report and it is verified, it is every persons right to have it validated from the CA.  Also to have it investigated by the OC.  It is also every persons right to make sure the credit related entities follow and comply with the laws in these situations.  If not, then they are being unfair to the consumer, regrdless if that consumer OWES something to them or not.  If they are caught on violations than it is every consumers right to complain to the state AG, FTC, ACA, BBB.  More often then not the crooked credit related entities (which is pretty much all of them) will remove THE ITEM to stay out of trouble and be able to keep breaking the law with other less informed consumers that they can take advantage of.  Why do I know this?  Because I have hundreds of experiences with these shady credit related entities.  Which is why I have a real problem when someone tries to defend the credit companies in any way shape or form.  If they comply with everything I have no problem with them.  Thats happens 30% of the time....TOPS!!!

Permanent Link

Jan. 26, 2009 - RE: How to Remove Foreclosures from Your Credit Report

Posted by the man

I've had loans deleted from my credit report and it's 100$ legal. I'm about to stop paying my mortgage and I'll be buying another house in a year! Learn how to work people. In the mean time I'll be enjoying my new Lexus and 2000 sq ft apartment over teh water in Boston! Become part of the problem and benefit for once! Peace and love peace and love!

Permanent Link

Feb. 15, 2009 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Terrin

I disagree with your comments. I am an attorney, and you can repair credit by taking steps to improve the reporting. Further, there is nothing unethical about challenging items on your credit report even if you think the item may be correct. You have very little control over how your credit is reported. The system is geared towards helping creditors, not consumers. Ultimately, it is the responsibility of creditors to make sure the information is accurate. If a creditor cannot respond to a challenge, the information shouldn't be reported. 

 

Even if there were unethical to challenge credit reporting that one knew may be correct, most creditors in my experience do not have an ethics code. Accordingly, ethics do not apply. 

Permanent Link

Mar. 10, 2009 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Kristen

Repairing credit is far from illegal. In fact for me as a mortgage loan officer, they hold classes and seminars for us to learn more about it at huge convention centers. If its illegal then some one should tell those people.

Dorene,

I would have to say that you may want to attend one of these before you speak about the topic again.

 

Permanent Link

Mar. 29, 2009 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Joe

I reviewed the intense bout between Chane and Dorene, and pound for pound... well Chane wins by technical knockout.  I did my patriotic duty by getting into debt, contributing to the GNP, now it's time for my relief from the economic battle by hiring Chane to repair my credit, as I trust his efforts will improve my life. Improved credit lowers insurance premiums, secures employment, obtain housing in a desirable area, and most importantly, turning a proposal from a fiance into marrage; hell even a potential spouse will ask you "how's your credit". 

Permanent Link

May. 5, 2009 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Mike D

Hey Rick,  I"m interested in knowing what company you use for your credit repair?

Permanent Link

Oct. 30, 2009 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Jason

Santiago,

Chane wasn't saying he had 28 years experience...he was referencing Dorene who claimed to have 28 years experience.

Just FYI.

 

Permanent Link

Dec. 2, 2009 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Denise

Thank-you for writing this Ken.  How absurd for someone to have the gall to spew out such ignorance.  What you stated about the credit bureaus is completely accurate.  I was a victim of a predatory lender, and I found out (after losing my home to foreclosure) that the mortgage broker "piggy backed" her credit information onto my credit file to "raise" my credit scores in order to qualify me for a home refinance. That means her credit info shows up on my credit report, and the credit bureaus didn't move to do a thing about as long as I was dealing with them on my own.  It was not until I sought help from an attorney that things began to change for me.  It is very important in these types of situations that we seek out people with the knowledge and expertise to help us out of these unfortunate situations.  I am truly thankful that there are those who are knowledgeable and concerned enough to help people get themselves back on track financially.  I recently hired an attorney to help resolve some of these issues for me, and she is doing a PHENOMENAL job.  Some things happen to us through no fault of our own, and it is very unfortunate that  the callous, greedy and unconcerned have only condeming remarks and insults to launch at people who have the heart to help those who truly need the help, and do not know how to go about it.  I guess that explains why God gave different people different knowledge and expertise in different areas.  I am a professional, however my knowledge and expertise does not lie in the area of credit repair.  I thank God for folks who have the know how, and are willing to help people, and not try to hinder others with their spew of ignorant remarks and comments.  My advice to anyone reading this who needs help with credit repair is to seek out a reputable agency or individual, and allow them to help you.  The investment you will make in time and money is worth it.  Come on Dorene, if credit repair was truly "illegal," already over burdened courts, jails and prisons would be overrun with credit repair "offenders."    And with identity theft at an all time high in this country and the world now, you never know when you might be looking at having your own credit repaired.  Be careful what you say.   

Permanent Link

Dec. 10, 2009 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Klompen

Quoting Rick:

Dorene,

I am currently using a credit repair agency and they are doing a phenominal job on my credit report.  If you think that the credit bureaus are actually out to help us, you are mistaken.  Do you know how difficult it is to remove items directly with the bureaus?  It's nearly impossible.  Hiring an attorney or credit repair agency can greatly improve your credit score.  Yes, i'm sure there are many companies that scam people, but that happens everywhere.  It's up to the consumer to check their references and the B.B.B..  Personally, I had a foreclosure removed from my report.  I don't feel that it was illegal because the I used the bank's appraisal and it happend to be fraudulent.  Of course i didn't find out until after the fact.  Bank are practicing predatory lending tactics. So we have a right to fight back and remove foreclosures.

 

Hi Rick,

I hope you got your issues fixed, can you please tell me what company did you use. I am in a similar situation, but can't decide who to go with.

Permanent Link

Jan. 5, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Charles

Folks..Chill out! Simply put, Banks, just like Credit Bureaus have millions of piecies of information that they share every day. CNN and the FBI have concurred that 79% of that information is inaccurate due to ID theft, human error...so on.

Anyone is free to fix thier own credit just like anyone is free to represent theirselves in court. However, most people opt to hire an attorny (someone who continuously studies the laws and know how to apply them properly) because lets face it there is alot to know about somthing one may have never had any experiance on.

I think Credit Specialist are kind of like lawyers in that sence. Are there many scrupulous credit professionals out there? Yes! Are there many scrupuloos attornys out there? Absolutley! I would be willing to bet that you can name a handfull of attornys, bankers, Real Estate Agents, accountants, CEO's,  who are in jail for running scams. Can you name one credit repair person?

I personally think that the majority of the calls I get a day are from uneducated misinformed people who need professional help. But, then again, the whole system wouldn't work if that was the case :-)

-Charles ( a Current TransUnion Employee)

Permanent Link

Jan. 12, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by donald

She is definitely incorrect about that comment she made that "credit repair is illegal" well anyways I've been in the business for 3 years and been around people that have been through every lupe hole in the system, Ive had clients that have foreclosures, collections, and charge offs and never have i had an issue with removing these negative items, even at times i have deleted several ch 7 BK.....You just have to know the lupe holes and not be afraid to ever try them out.

Permanent Link

Jan. 30, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by duh

How many years Can someone be "born" I've had three children and none of them took more than two days. I don't think anyone could possibly survive a birth that took YEARS!

Permanent Link

Mar. 9, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Just Wondering

How can I get help if the only negative mark on my credit is a forclosure?

Permanent Link

Mar. 17, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Jeff

Why can't I find a credit repair company listed with the BBB.......?

Permanent Link

Apr. 11, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by shawn

Rick who are you useing to clean up your credit ???

I really need to know. My wife co-signed for friends and they went through forclosure. Now she has bad credit. I was forced into forecosure by a private lender company during the time real estate was hot. 

Please Rick let me know I need to get this off our credit report.

We've been through enough.

Thanks Shawn

Permanent Link

Jun. 9, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by TA

Hi...can you please provide me with the company who assisted you with removing a foreclosure of of your credit.  Thanks

Permanent Link

Jun. 9, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Anonymous

Hi, can you please share what company you are working with to remove your foreclosures?

Permanent Link

Jun. 9, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Long Beach Native

First off if it is illegal than why would the credit bureaus let something illegal happen and process???  And how come credit restoration companies don't get shut down?  Even banks are offering these services to their clients for little or no money... more of a self help service to dispute an account... Also whether or not the person actually is liable for the account or not disputed or not disputed by law anything older than 7 years is your right to have them removed!!! Yours or not yours... it would be illegal for the credit bureaus to report derogatory items over 7 years... I have been doing this for over 10 years practically more than a decade and specialized over 8 years in Real Estate Lending and have educated in schooling and experience in the field when it comes to Real Estate Laws, Mortgage Lending, and also your right as a consumer regarding your credit reports and what is being reported.  But I get your point regarding updating factual information.  It really should be disputed because creditors illegal rack up late fees and so forth from a person owing only $300 and can go up to $1,000 now that is illegal to me... but thats the way it is... In actuallity you may be entitled to that debt... something could be reported as a lein but yes it may be deleted from your credit report but still owe that money...nothing changes unless its paid only thing changes is what is showing on your credit report... Thats the point i'm making.... sorry can't give away my trade secret to have things removed, yours or not yours!!!  Than I'd be out of business!!!  All in All these people who pay credit repair agencies don't care if what is illegal or not... you cannot force to make someone pay a debt if they don't have the money they just owe the creditor... vice versa you can't force a creditor to stop attempting to collect a debt owed or not owed but you can make them stop harrassing you and stop reporting it from the credit bureau.  These people just want bad items removed from their credit sooner than waiting the 7 years and are willing to pay someone for their time, money and efforts to do so... something they could possibly do on their own but rather have an expert to do it for them and correctly the first time!  Hate the Game! Not the Player! This is business we do what's best to make money helping people benefit from our services! 

Permanent Link

Jul. 20, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by michele

You guys all sound intelligent to me.  Tell me this why do I deserve having or dealing with a forclosure???????  Jan 2007 me and my husband seperated.  We went to lawyers he wanted the house I did not.  I work construction.  I know nothing of banking and insurance.  The lawyer wrote papers up and told me that He was responsible for the home and his truck.  I was responsible for my car.  If I didnt remove my name from the deed when told to I was responsible for all court costs and fees ect.  Same with him for the home, he was to refinance in his name and his name only.  Lawyer calls me up one day telling me to remove my name from deed.  Mortgage all taken care of I assumed.  So I did.  Guess what ????  He never did.  He stopped making payments on March 19th 2007 the house just finally forclosed on.  I tryed dealing with the mortgage company for about a year and a half.  They wanted nothing to do with me.  Ive been begging for help.  Help to fix my credit.  A lawyer out there (excuse my language) with a set of balls to sue the living daylights out of the lawyer I used that told me to remove my name from the deed and also for the fact of not telling me that even if a Lawyer writes it stamps and seals it dont mean crud to the Law and my credit.  Me and my 10 year old daughter cannot get ourselfs a home to live in.  Anything ever happens to my mom we will be out on the streets.  Is there anyone out there that knows what to do?????  Help!   Thanks,  Michele

Permanent Link

Jul. 29, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by patrick

If credit repair is illegal then so are are lawyers who know you were drinking and driving and found a way to get you out of it...Right?? it really just boils down to after you fall in debt its hard to get out of it and get on track again,,,more so for single moms that have been done wrong from an ex sort of speak..where do they find the time to fix their credit??  do I think credit repair agencies over rate themselves at times??? yes I do but reguardless they do do their best to help others and yes it does work......

Permanent Link

Aug. 3, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by RS

Actually there is nothing "ilegal" about disputing even correct information in a credit file... The information has a standard of reporting to adhere to and if they don't the item needs to be removed whether accurate or not.

Permanent Link

Aug. 27, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Roxy

Doreen you are way out of line, Voice of reason and kevin said it all. so I won't go on... but do your homework and know what you are talking about before you voice your option and nonsense, with 28 yrs of experience you should know better. FYI when you comments can hurt someone (Chane) keep them to yourself or you may find yourself in a courtroom explaining your lack of knowledge to a judge.

Permanent Link

Nov. 15, 2010 - RE: How to Remove Foreclosures from Your Credit Report

Posted by C. Steiner

Becky, it's not fair.  Did you just need someone to confirm that?

Permanent Link

Feb. 8, 2011 - RE: How to Remove Foreclosures from Your Credit Report

Posted by arlancia rivers

 i agree with chane 100 percent knowledge is power! credit repair is legal

Permanent Link

Feb. 11, 2011 - RE: How to Remove Foreclosures from Your Credit Report

Posted by GI-Joe

I got foreclosed on 6 months ago. I filed a wrongful foreclosure suit and am still in the house. We have a court date next week. The bank has offered to give me some moving money and take the foreclosure off my credit report in exchange for me to move out and give them the house. I believe I should ask them not only to remove the foreclosure from my credit report but to actually report the mortgage "paid as agreed" so as to increase my credit score immediately so I am able to go out and rent a place. Any advice on exactly what I should demand from the bank to insure the foreclosure never shows up on my credit and or public records?

Permanent Link

Mar. 1, 2011 - Lexington Law

Posted by Bill

Lexington Law is terrific.  Have used them for my mortgage clients on multiple occasions and recieved great results.  I highly recommend them.

Permanent Link

Sep. 20, 2012 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Rick Schmidt

My home was forclosed on because bac screwed up. I was doing a loan modification and they told me everything was good to go and they would call me when it was set up. i called them every other week and they said were working on it. 3 months later they sent me a forclosure letter in the mail. i couldn't come up with the cash to save my house and they would not let me make payments to catch up. they screwed me over and now i suffer for it. i get letter in the mail from a national mortgage settlement saying they settled with 5 different mortgage companies. how is it they are at fault and this foreclosure is on my credit report but i cant get it off there? if anyone has any idea what i can do to get this off my credit i would really appreciate it. not only did i lose my house i lost about 60,000 that i put into the house when i bought it. if there is a settlement i better see some money.

Permanent Link

Oct. 15, 2012 - RE: How to Remove Foreclosures from Your Credit Report

Posted by Dawn

We lost our home in June of 2010.  We attempted a remodification, but lost it, because the bank sent us conflicting bills, which put us in default. We asked again for a remodification, working with a "credible" company.  We were strung along for months, and on the day of the sale of our home, we were told that we did not get the remodification.  That being said, we got the letter for the National Settlement.  We have not only lost our home, as a direct result, we lost our car... Are we going to be able to have these things wiped out, due to the fact that we qualify for a settlement that says our lender defrauded us?

Permanent Link

Write a Comment

Your Name:  RealTown Members: Click here to login
Your E-Mail: 
Your Website: 
Subject: 
Your Comment: 
Notifications: 
Privacy: 
Verification: 
To verify that you are a human and not a script, please enter the verification word from the image into the box on the right.
 

Credit Repair Insider Tips

Links

Home
View my profile
Archives
Email Me
Blog Manager