FAQ About Fair Credit Reporting Act (FCRA) Q. What is a credit report? A. A “credit report” is a document that normally contains your personal information (name, date of birth, social security number, address, etc) and information about your credit history such as the credit cards you have, the mortgages you have, and whether you have ever been late or been sent to collection. Q. How do I get a copy of my credit report? A. The easiest way is… (Read more)
60 Minutes Report Reveals The Broken Credit Report System In America 60 Minutes had an excellent expose of the credit reporting industry and how Equifax, Experian, and TransUnion are not concerned with fixing credit report errors. The journalist on the story was Steve Kroft who really captured the frustration felt by so many consumers who cannot get the attention of the credit bureaus to fix a credit report with errors. 40 million Americans have errors — there are about 200… (Read more)
30-minute Q&A with Consumer Attorney John Watts What questions do you have? First question: Do you do credit repair? The short answer is no. At least, I don’t do what people think of as “credit repair.” Normally, credit repair means you pay me money to prepare some letters for you, and then we’ll see if we can get rid of some negative information. At my firm, if we agree to represent you, we look at your credit reports, and… (Read more)
FCRA and FDCPA: Answering Your Questions For those who don’t know me, my name is John Watts, I’m a consumer protection attorney. Feel free to subscribe to my YouTube channel, Alabama Consumer Protection Lawyers, and feel free to ask questions or send me your comments. Today, I’ll be answering some questions from the comments section on some of my YouTube videos. Ernie asks, “How can I dispute to a credit company reporting a charge off but another credit… (Read more)
Adjudication on the merits means debt collector who sued you cannot credit report on you or continue to collect against you!
So you have been sued by a debt collector (or even an original creditor). You get the case dismissed with prejudice and then the collector (or creditor) is still collecting against you. Is this legal or illegal? What in the world does the expression “adjudication on the merits” mean for you (hint: its a good thing!). Possibilities when you are sued by a collector in a collection lawsuit Judgment for plaintiff (the one who sued you) Judgment for defendant (you… (Read more)
After you answer a debt collection lawsuit what should your credit report show? Once you’ve been sued by a debt buyer such as Midland Funding, Portfolio Recovery, or LVNV, and you’ve filed an answer, what should your credit report show? It’s excellent that you’ve answered the lawsuit. Most people fail to respond, which can be detrimental to you. So what should the credit report show about this debt buyer? There are a few important things to look for when reviewing… (Read more)
What happens with your credit report after you win your collection trial? When you are in court and you win, what happens with your credit report after the trial? You want the debt removed from your report, but how does this happen? Do you ask the judge? Does this happen automatically? In this post, we’ll discuss how to wrap things up after you win. You’ve won your court case. What happens with your credit report now? The judge does not… (Read more)