Over 34 years, I have assisted my clients with debt problems having filed more than 32000 Chapter 7 and Chapter 13 Bankruptcy petitions.
Under the requirements of the Federal Trade Commission, public records such as bankruptcies and tax liens stay on credit reports for eight years. And this is regardless of whether the debt has been paid or not. Sorry. Thanks for understanding.
So how is it that these credit organizations like lexington law clean up your credit report if stuff like this has time to stay on the report. My bankruptcy was 9 years ago and the tax lien was in 2009. What about inquires I read some where that you can request to the credit report agencies to remove them and they will is that true? I am not talking about errors just regular ones to be removed..
You must contact each credit reporting bureau. And their disputes forms can be found on their web site. Likewise, if there is an error, it will be removed though the process is very slow. For example, my wife had some inacurrate informaton on her report that needed to be corrected before we could refinance our home. And it took me, an attorney, over a year to correct. So you need to be patient as well.
Please rate my answers ok or better so that I may be compensated for assisting you.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).