Wednesday, January 23, 2008

Yet Another Reason To Check Your Credit Reports

Today at lunch I ran over to the Real Estate office where I have my "second job". I was helping out the Broker on a prospective rental. The renters in question needed a credit report and rental application pulled and hand delivered to another agency. I was "volunteered" to run the package between the two offices on my lunch break.

The prospective tenants were sitting at the table and were quite upset. Seems they too are Bankruptcy filers. The filed a C13 and were just about 6 weeks post discharge date. Their credit report was a mess and full of mistakes. Loans that were paid were not marked paid, their house which they sold was marked as being foreclosed upon (foreclosure had started, but they sold it in a short sale). Bills not marked as paid or discharged in the Bankruptcy. In brief, their credit report was a mess and according to them, lots of old, outdated and inaccurate information. I will say that they had one Bankrutpcy dismissed about 6 months ago and then got discharged in the beginning of December, maybe there was a confusion with the debts. I really don't know. I was just the unpaid messenger in this case.


This made me pick up the phone and give a controlled shriek to my attorney's office. His paralegal said all my creditors where notified, the Bankruptcy should be on my credit report by now, but best to wait another couple weeks and then pull a report and look for mistakes. I am just one month post discharge and the paralegal said to give it at least 30 days for everything to make it's way through the systems and that I can "correct" any mistakes.

1 comment:

SavingDiva said...

Wow! I would be extremely worried about my credit history. I think I would pull it immediately...not very patient...