What happens with credit reporting after you win your collection trial?
When you are in court and you win, what happens with your credit reporting 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 go to court and you win your case. What happens now?
The judge does not control your… (Read more)
Why do credit bureaus believe furnishers over consumers?
Today, I wanted to talk with you about why do credit bureaus believe the creditor, or the debt collector, or a “furnisher” over you when you do a dispute?
You believe there’s something wrong with your credit report.
So, you reach out to the credit bureaus (TransUnion, Equifax, Experian) and tell them there is a problem with your Capital One account, your Portfolio Recovery account, or other debt collection account.
You tell… (Read more)
Example: Suing a debt collector for updating balance after pay for delete
Today, I wanted to share with you an example of a case we filed in the context of a pay for delete.
This is just one of the many cases we file against debt collectors for violating the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA).
What is a pay for delete?
A pay for delete is when you call up a debt… (Read more)
The critical difference between deleting a debt from your credit report and killing a debt
Deleting a debt from your credit report is good, but the debt still lives. You can still be sued and the debt can be sold.
Think of it as a table with an object resting on top.
The debt is the table and the credit report is on top of the table.
If we can get rid of the credit reporting, excellent.
But the table,… (Read more)
Can you really get mental anguish for false credit reporting against a debt collector?
When we sue for false credit reporting, we almost always make a claim for mental anguish.
We have been suing debt collectors (Midland Funding, LVNV, Portfolio Recovery), credit bureaus (TransUnion, Equifax, Experian), and companies that furnish information to these credit bureaus for false credit reporting for many years.
In every single case, the defense lawyers come back to us and say, “We didn’t do anything wrong,… (Read more)
FCRA credit reporting: examples of technical accuracy
A lot of times when we sue credit reporting agencies (Equifax, TransUnion, Experian) or furnishers (companies who provide information to the credit bureaus) under the Fair Credit Reporting Act (FCRA), they love to say “Well, yeah, but you know this is technically right. It might be a little deceptive, but it is technically right.”
There are ways to argue against this. We can flip this argument over on them.
Here are some examples… (Read more)