Subhan Tariq, Esq
WHY DO YOU NEED A LAWYER TO FIX YOUR CREDIT REPORT INSTEAD OF GOING TO A CREDIT REPAIR AGENCY?
Essentially, it depends on the false information. You can correct certain straightforward errors by contacting credit reporting agencies directly. However, for some of the errors on your report, you might require the assistance of a debt lawyer who focuses primarily on credit repairs.
I. It's simple to identify an error on your credit report, but what should you do if the lender who reported it wouldn't correct the error? Your debt attorney can sue and bring the matter before the courts. Even the fear of a lawsuit often works to resolve issues.
II. Sometimes, the corporation that reported inaccurate information to credit bureaus is no longer in business, and your debt is now with a collection agency. Your debt attorney can then bargain or take legal action to remove the information from your credit report.
III. Despite taking it to court, your attorney can take your case to various government agencies that manage consumer credit lapses.
IV. Regarding negotiating with your lenders, your lawyer can assist you in resolving any outstanding issues and have them removed from the reports. For example, if you have detrimental information on the report that is accurate (such as overdue or missed payments, debt payments that have been sent to collections, and agencies, etc.).
V. Lawyers are trained to use "ways of mitigating" language, so your attorney can assist you in modifying or trying to improve the wording of the damaging information on your report to make it seem less harmful.
VI. Your attorney can also assist you in dealing with the consequences of identity theft. When your lawyer finds that it is possible to prove that the negative information on your credit report is false, your debt lawyer can have the false information removed. Your attorney can also help you deal with many different officials, public bodies, as well as credit card providers, and police officials.
VII. Your lawyer can also get in touch with "friendly" accounts which might not have reported your positive information to counteract any long-lasting damaging information. Multiple positive statements or feedback on your reports can mitigate the impact of one or two damaging entries.