Credit After Bankrutpcy Just Got a Bit Better
Chapter 13, Chapter 7, Discharge Violations, Fair Credit ReportingThis just in! As originally reported in the New York Times and posted through Consumerists’ (@Consumerist) blog, JP Morgan Chase and Bank of America have both agreed to clear debt from credit reports that was discharged in bankruptcy. This is great news and about time the big banks acted in accordance with federal laws. These […]
Fair Credit Reporting Problems Cause Increase in Litigation
Debt Collections, Fair Credit Reporting, Fair Debt Collections PracticesSince 60 Minutes aired, 40 Million Mistakes: Is Your Credit Report Accurate?, their has been an increase in the filing of federal lawsuits under the Fair Credit Reporting Act (“FCRA”) and Fair Debt Collections Practices Act (“FDCPA”) by consumers throughout the U.S. The 60 Minutes report explained that your credit information is monitored, bought and […]
