How do I settle a currently settled loan?
(we had answered prior to, nonetheless it would not appear to publish it comes to reporting to the credit bureaus after BK if it does later, forgive any duplication) Why is there an illogical double standard when? If the BK is last, the mortgage is settled, beside me, the bankrupt individual owing absolutely nothing. That is, i suppose, the reason why, in the event that financial obligation just isn’t reaffirmed, it generally does not wind up from the credit file. So, I cannot buy it out without reaffirming it) why is that reported to the credit bureau if I buy out the LEIN (not the loan, because the debt does not exist any more, so?
How do I settle an currently settled loan? Fling chapter 7 Bankruptcy now trying the clean up your credit history, the illogical standard that is double in comparison to “clearing a head industry”. It’s likely that the lien or debt had been from the credit file ahead of the bankruptcy. Your report has information that is old has to be updated. The obligation of cleansing your credit history falls for you. In the event that you settled on liens, to have to dispute and send an atisfaction that is lien s towards the credit reporting agencies. I experienced a comparable situation with a client, and also consulted with ModSpec. Continue reading “Exactly why is here an illogical dual standard whenever it comes down to reporting towards the credit agencies after BK?”