Archive for category Law & Ethics
AUCTION LAWS IN TEXAS?
Posted by admin in Law & Ethics on July 24, 2010
in texas if you bid on an item and decide you don’t want it after all can they report you to all three credit bureaus?
Earl
What legal action do I have against a debt collector who refuses to validate a debt?
Posted by admin in Law & Ethics on July 18, 2010
I have been trying to clean up my credit and I have had a lot of luck doing so. Most of the debts have been deleted from my credit report except for a few. But one debt collector has been particularly difficult. Asset acceptance says I owe over a thousand dollars from an old credit cardd. All three bureaus said the the debt was verified by Asset when Itriedd to dispute the debt with themoriginallyy. I have sent at least 3 certified letters over a 4 or 5 month period to them requesting validation of the debt and the have sent me nothing. They still continue to send me bills and are also still reporting the debt to all the creditbureauss. Whats my next step? Can I go back to the credit bureaus and demand them todeletet it because the debt collector obviously can not prove the debt? As a last resort I think I might have to sue Asset in order to get this information deleted from my credit reports, but what exactly can I sue for and how much should I sue for?
Micheal
Domestic Relations office not doing its job?
Posted by admin in Law & Ethics on June 23, 2010
The Domestic Relations office in my county (Chester Co. PA) does absolutely nothing. My ex was on probation for contempt of court. Three months ago, he stopped paying. Again. Domestic Relations told me they would IMMEDIATELY pursue him, since this is the 10th or 11th time (I am not exaggerating). So far, in these three months, Domestic Relations has done exactly nothing. No bench warrant, no lisence suspension, no credit bureau reporting, no asset seizures, nothing. Nada.
Oh, and even better, when we went in for an increase conference, he had his neighbor write a letter saying that he hurt his back and couldn’t work more than 20 hours a week. Not his doctor; his neighbor (who, conviently is also his boss). And Domestic Relations accepted this without question.
So my question is, with what agency/department do I file a complaint? The Department of Welfare? The Court of Common Pleas?
Jared
How Do I Pay An Invisible Creditor?
Posted by admin in Law & Ethics on May 26, 2009
My husband’s credit report states he owes a creditor $300. We’ve disputed the debt three times via Transunion, Eq and Ex. All three were validated. We’ve sent three certified letters requesting validation, and one requesting a payment address, etc. We have also called over 50 times and left numerous messages, which aren’t returned. It seems like they only respond to one of the three credit bureaus, who tell me to keep trying. I can’t remove it, I can’t pay it. Now what???
It’s not to a dr., it’s for an old cell phone.
Eugene
General Legal Contract between business and client. Do I have everything covered? Legally, that is? Thank you?
Posted by admin in Law & Ethics on May 14, 2009
AGREEMENT
This Agreement is entered into on this _____ day of ________ 2009, by and between Pure Credit Solutions, a Limited Liability Company, and ___________, hereinafter.
In consideration of the mutual promises set forth hereunder, the sufficiency of which is hereby acknowledged, Pure Credit Solutions, LLC. and client ________________ shall agree to the following:
Pure Credit Solutions, LLC. will provide client with debt counseling, and will dispute negative items on the client’s credit reports. Pure Credit Solutions, will only dispute negative items that are truly negative items impacting the customer’s credit score and credit reports. Pure Credit Solutions will file disputes with all three major credit bureaus, including; TransUnion, Equifax, and Experian.
Client shall provide Pure Credit Solutions with an original copy of their credit reports and credit information. Client shall also provide additional information to Pure Credit Solutions, LLC, if need be to speed up the credit repair process.
This agreement may be terminated as follows: Client will give Pure Credit Solutions LLC, 4 business day’s written notice from the date of contract to terminate this contract. If customer terminates contract after the 4th business day, he or she will incur all costs and fees associated with this agreement.
Time shall be of the essence in the performance of this Agreement. It will take an average of 60 to 90 days, to see any improvement in a person’s credit score and credit report. All three credit-reporting agencies require a minimum of 30 days to respond to any credit inquiry or dispute.
If any part of this Agreement is held unenforceable for any reason, the remaining portion of this Agreement shall remain in full force and effect, and shall be carried out in a manner, which is consistent with the intentions of the parties hereto.
If any legal action or proceeding, including any arbitration of disputes, arising out of, or relating to, this General Contract is brought by either party, the prevailing party as determined by the Court or Arbitrator, shall be entitled to receive from the non-prevailing party, in addition to any other relief that may be granted, reasonable attorney’s fees, costs and expenses incurred in the action or proceeding by the prevailing party.
This General Contract is entered into on this _____ day of ______________, 2009, in the City of Farmington Hills, the County of Oakland, and State of MI.
Pure Credit Solutions, a Limited Liability Company
______________________________
(sign above)
by: __________________________
its: __________________________
________________________
Customers name
Laura
What can we do to replace our faulty credit reporting system?
Posted by admin in Law & Ethics on April 27, 2009
Not only are the three bureaus inconsistent in their reportings, but people’s lives are sometimes ruined from stolen identities, erroneous credit reportings, and unauthorized inquiries. What can we do to reform this system?
Tina
Under the Fair Credit Reporting Act (FCRA) do the credit bureaus have an obligation to maintain consistency?
Posted by admin in Law & Ethics on April 10, 2009
My question stems from the fact that I have successfully disputed and had removed an account from two of the three bureaus. TransUnion and Equifax have removed an account many months ago, and I am wondering if Experian has an obligation to follow suit with the supporting documents being the deletions from the other two bureaus. I remember reading something to this effect while doing some research a year or so ago.
Please respond only if you have a high level of understanding of credit and please provide supporting evidence/references (An excerpt from FCRA would be great!). Please do not respond with a quip just to get some answer points, thank you!
BTW did you guys hear Obama today?!? Credit heaven for consumers is coming soon! No fee hikes whenever they want, no hidden fees! An oversight executive type agency to monitor the bureaus and lenders, not just the dumb old silent FTP. Plain language, lots more! Google it! Just happened today!
Thanks again!
Yes, I am disputing with Experian, but they have blocked me before. They will look at something they have already verified IF there are additional supporting documents. I am using the fact that the other two buereaus have both deleted this account as additional supporting documentation. Note: This account WAS reported on all three bureaus, its VERY old, and they are no longer attempting to collect this debt. It was deleted b/c of that fact from TU and EQ, and I am filing a dispute with EX to have it re-investigated. My basis in my letter was that it was removed from the other bureaus, and under the FCRA they have an obligation to maintain consistency with the other bureaus (kind of a 2 vs. 1 thing). So 2/3 bureaus are now accurate. I was hoping to have supporting legislative documentation from the FCRA to invoke this pursuant to … and thats really my question. Thanks!
Claude