Can you really remove bankruptcies from your credit report?
Every year, Lexington Law reports the total deletions their clients have from their reports. Let the numbers do the talking:
Last Year, Lexington's Clients
Deleted 9,713 Bankruptcies From Their Credit Reports!
Plus:
39,195 listings "included" in bankruptcies!
Yes, that's a lot, and that's just for last year! Lexington Law has been perfecting the process for disputing bankruptcies for almost 20 years now. Now they use all that experience for one reason: to help you restore your credit.
Lexington's Average Client
Per client, Lexington's results are remarkable. From a 2006 efficacy study, on average, Lexington Law participating medium-level clients removed 84.5% of their presenting negative items by month 12. These include results for clients trying to remove bankruptcies or any other negative item from all three credit bureaus.
Is this good? It's incredible! Think how your credit would look if you got 84.5% of the "baddies" removed!
How You Dispute Bankruptcies:
Lexington challenges the questionable negative items on your report that are bringing your score down. Does it work? Are you looking to dispute a bankruptcies that's killing your score? Do you think the bankruptcies that showed up on your credit report wasn't fair? Not sure if Lexington Law Firm can help you? See for yourself >
Disputing Bankruptcies is Your Right:
Since Congress passed the Fair Credit Reporting Act to help consumers remove bankruptcies from their credit reports, the credit bureaus have been working to make it more difficult. With almost twenty years of experience, Lexington Law has developed a vast arsenal of tools and strategies >
How Removing Bankruptcies Saves You Gobs of Money:
Credit is a part of our life, like it or not. And the credit companies are doing just fine without you giving them more money than you have to. An unfair bankruptcies will make your credit score plunge, and your interest rates sky rocket. If you don't think investing in your credit is worth it, guess again >
What is a Bankruptcy?
There are three types of bankruptcies: 7, 11, and 13. Chapter 7 does the most damage to your credit score. In a Chapter 7 bankruptcy, after secured creditors are paid, all "unsecured debts" are terminated and are paid if any money remains.
Chapter 13, also known as "individual reorganization" is typically used small businesses or wage earners. This type of bankruptcy reduces the amount of payments to creditors over a period of time and will delay the repayment.
Chapter 11 resembles a Chapter 13 but is mostly used by larger businesses. When trying to save your credit score, a Chapter 11 or 13 is preferable since it is less drastic than a Chapter 7 bankruptcy and resembles more of a payment restructuring.
An example of a bankruptcy on a credit report:
Disputing a bankruptcy listing is your right under the Fair Credit Reporting Act. You can do this by yourself, or by using a credit restoration service, like Lexington Law. The credit bureaus don't like doing work they don't profit from, so they've kept on top of stall tactics that keep most consumers from continuing with a dispute if they hit a snag. In the battle to remove bankruptcies, Lexington Law has developed many strategies from their vast years of experience to overcome these tactics.
Once you remove a bankruptcy, your credit score will go up drastically. Of course, the amount varies based on where you get your credit score, what else is hurting your credit score, and where you started in the first place. But one thing's for certain: Deleting a bankruptcy can only help.
Example of the many removed bankruptcies by Lexington Law:
"One thank you so much, since the negative item been deleted from Brooklyn Court, I can begin to search for a place to live."
- Sharon, Lexington client
"I recently visited my profile on the Lexington Law Site. I see that several items have been deleted from my report. I'm very happy about that."
- Thomas, Lexington client
"I would just like to thank for helping me with my credit. Some of my negatives were deleted and it help my score go up. Thank you so much."
- Manuel, Lexington client
"I am mailing a Trans Union CB Report today, and it looks like your service is working. The report indicates that 4 out of 5 accounts that were in dispute have been deleted!! Keep doing whatever it is that you guys are doing! Thanks,"
- Rodney, Lexington client
"I just really wanted to thank you all at Lexington Law for providing me with excellent service and an excellent turnaround time to have several items deleted from my credit report. After being with you all for about a year plus I'd like to say thank you and I no longer require your services. You have made life much easier when it comes to applying for and qualifying for credit."
- Larry, Lexington client
