As an overview to where we are, we've now pulled our credit report. We've laid them out. Now, it's time for us to start diving in.
I want each of you, even if you don't think it's there, to do the quick analysis. Remember, we are going to focus on fixing identity theft, but I want to make sure you understand what else you may encounter.
Each one of these errors will probably take you one minute to go find. If you find it, it could be worth from a few thousands to tens-plus thousands in dollars, but it could also just mean that your credit score is going to go up and you're not getting taken advantage of. We represent clients across Georgia as their Fair Credit Reporting Act Lawyer in Atlanta.
That's basically when they're saying that you've missed some payments, and you didn't miss the payments. It happens a lot, and it can crush your score. Tip: Follow the instructions in this book but don’t include the police report but DO include any proof you may have. Remember to send it to everyone.
This happens a lot, and this is obviously when you've paid off an account but for some reason, it's still showing a balance that you owe. Again, follow the instructions in this book but don’t include the police report but DO include any proof you may have. Remember to send it to everyone.
Seven years is correct if it's a normal account, and ten years if it's like a judgment or a court issue, like bankruptcy. That is improper. You will want to mail a basic dispute letter explaining the issue and send it to the credit bureaus and the business.
4. & 5. Accounts that are not yours and identity theft. They're both accounts that are not yours. This is the topic of the book and is covered in other chapters. For more information on hiring an identity theft attorney in Atlanta.
IMPORTANT: If you follow the steps in this book and the issue is not corrected, you should seek legal advice because you may have a very valuable case. Also, what is not fixed after taking the right steps will most likely never be fixed without filing a legal claim.
Take Away There are a variety of common credit report errors to find.
Take Away Follow the steps (without the police report) for these errors.
Listen, most people don't fully understand the laws in this area. In fact, most lawyers don't fully understand the laws in this area because they are a little backwards. I don't really know why I was never introduced to this type of law either in law school or in general practice but it's pretty rare to know an attorney that knows anything about suing credit bureaus.
So, many years ago when I first learned about this topic I was really surprised that I had such a blind spot in my legal knowledge and, to be fair, it took me several years before I felt comfortable litigating cases like this.
The law is not very straightforward, but it can be applied fairly easily. However, there is a lot of lingo and vocabulary that you have to learn before everything falls into place. For this reason most people don't get the proper advice so they can actually Sue Equifax or Trans Union or Experian. Instead, they read things online the says they should just dispute dispute dispute and be done with it. That's not right.
If you've already disputed it properly once, that's all you need to do before you file a lawsuit. You can dispute more than once if you'd like oh, but the law requires that you dispute it through the credit bureaus and they refused to suppress or delete the information, then you have the basis of a Fair Credit Reporting Act lawsuit which you should file.
If you have any questions about your own individual situation, give us a call. We only charge clients when we get a recovery which means we only charge clients when we are successful in settling the case.
“Don't fall into the FCRA trap that is set for you. Take the right steps. ”
Joseph McClelland, Esq.
© 2018 Joseph P. McClelland, LLC All rights Reserved. Policy I TOS