After a certain period of time, bankruptcies are automatically removed from your report. It is not easy to delete them before they are too late, but it is possible. This is our step-by-step guide to removing bankruptcy from credit reports. You can hire a professional if you’re too stressed or busy to handle this process. A credit repair company will do the job for you. These experts are skilled at this type of work and can save you time.
A Chapter 7 bankruptcy will usually be deleted In 10 years and will be wiped out because no debt has been repaid. Chapter 13 – The debt has been partially paid off and bankruptcy can be wiped out in seven years. You might prefer to have it removed sooner if you are a victim of fraud or trying to improve your credit score. Although it is not possible to remove the file, we can help you every step of your way. You can always contact us if this seems too difficult or time-consuming. Contact a credit repair expert for assistance.
How can I remove a bankruptcy from my credit report early?
These are five steps to get bankruptcy removed from your credit report.
1. You Need To Check Your Credit Report Regularly For Bankruptcy Errors
You will need to have a copy of each of the credit reports for this step.
A credit monitoring service is a great option. TransUnion is the best credit monitoring service in my opinion, plus you get a free credit score.
First, you should review the bankruptcy entry in your credit reports. For any errors, please pay attention.
2. Dispute Inaccurate Bankruptcy Entries with A Credit Dispute letter
Q: What you are looking for in a Credit Dispute Letter?
A: Anything That’s incorrect. If you discover inaccuracies, immediately dispute the bankruptcy entry with credit bureaus.
It’s possible that they won’t be able to verify bankruptcy and take it off your credit report. If it is a recent bankruptcy, this is unlikely. This is possible if the bankruptcy is older than you are.
However, if bankruptcy does occur, then you can skip the next steps. Once the bankruptcy has been verified by credit bureaus, you can move on to the next step.
3. Send a Procedural Request letter to the Credit Bureaus
Next, send a letter to the credit bureaus asking who verified the bankruptcy.
Most likely, the credit bureaus will reply and claim they have verified the information with the courts.
It is most likely false, as the courts don’t verify bankruptcies in the majority of cases.
4. Ask the Courts how bankruptcy was verified
As you may have guessed by now, you need to contact the courts as per the credit bureaus.
Ask them how they verified the bankruptcy. They’ll likely say that they didn’t verify anything. For this statement to be written, ask.
Once you have received the letter, send it to the credit bureaus. Demand that they remove the bankruptcy immediately. They knowingly gave false information and are therefore in violation of the Fair Credit Reporting Act. If everything goes according to plan, bankruptcy will be canceled.
This process is time-consuming and difficult, and it’s not guaranteed to work. If you are up for the challenge, it may be worth it.
5. Get a professional to remove the bankruptcy
Credit Supreme is a company that can help you with your credit repair needs. Contact them today for a free credit repair consultation!
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