How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
A new question is answered every 9 seconds

Ask a Real Estate Lawyer

Tina
Tina, Lawyer
Category: General
Satisfied Customers: 5379
Experience:  17 years of legal experience including real estate law.
4460311
Type Your Real Estate Law Question Here...
characters left:
9 Real Estate Lawyers are Online Now

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
< Last | Next >
  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
  • My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer. Eric Redwood City, CA
  • I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight. Michael Wichita, KS
  • PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent. Three H. Houston, TX
  • Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!! Elaine Atlanta, GA
  • It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem. Tony Apopka, FL
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
 
 
 

Fair Credit Reporting Act Related Questions

Falling under United States federal law, the Fair Credit Reporting Act (FCRA) ensures that Consumer Reporting Agencies (CRAs), which collect and disseminate such consumer information as credit information, are regulated. Under the Act, CRAs are bound to provide one free credit report a year and take steps to verify the accuracy of any information disputed by the consumer. Consumers may have a variety of questions in cases of negative information.

Below are some of the most commonly asked question on the subject answered by legal experts.

My child moved out of a rented house on a one-year lease in Tennessee with just five days’ notice. Despite paying the lease agreement penalties on time, it has not reflected on my credit report.

As per Tennessee (TN) law, you will have to abide by the lease terms. Check if the lease includes any specific penalties for early breach of agreement. If no such terms exist, you may still be liable to pay for all of the time remaining on the lease under the law of contracts.

However, if you have proof of all penalties paid, then you may send a letter to the landlord / management company — with a copy marked to each of the credit bureaus — with proof of payments. You may request removal of negative remarks within 30 days, failing which you may file a suit under the FCRA.

Why does my credit report show both foreclosure and an open balance at the same time on a short sale with my mortgage company?

In this situation, you may have to sue the lender in the district court. Under the FCRA, willful violation by the lender can lead to a penalty of $1,000, while negligence can cost actual damages plus attorney's fees and court costs. If your case prevails, you may use the court judgment to correct your credit information.

Can I sue a company that is erroneously reporting my credit report and are refusing to correct it?

Typically, in a case like this, one needs to send a letter demanding removal of negative information within 30 days and advising them that failure to do so will result in a lawsuit. Besides the nature of the complaint, the letter may state: "Your offices have reported invalidated information to any or all of the three major Credit Bureaus (Equifax, Experian or TransUnion), and this action might constitute fraud under both Federal and State Laws. Due to this fact, if any negative mark is found on any of my credit reports by your company or the company that you represent I will not hesitate in bringing legal action against you for the following: (1)Violation of the Fair Credit Reporting Act, (2) Violation of the Fair Debt Collection Practices Act, and (3) Defamation of Character.”

Is it correct that once a property has been foreclosed and then bought and resold, the monies owed are removed from the credit record?

Only the mortgage is discharged by your foreclosure. You continue to have a personal liability to pay off any remaining dues — and it is best to do so before lender updates your credit report — unless the bank at its discretion chooses to forgive the rest of your debt. You may contact the collections department of the lender for information on the dues, assuming the lender has not referred your account to a collection agency.

The FCRA seeks to curb negligent, abusive and unlawful collection or credit reporting. If you feel that your credit report score affects your creditworthiness adversely, seek insights from Legal Experts.

Ask a Real Estate Lawyer

Tina
Tina, Lawyer
Category: General
Satisfied Customers: 5379
Experience:  17 years of legal experience including real estate law.
4460311
Type Your Real Estate Law Question Here...
characters left:
9 Real Estate Lawyers are Online Now

How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Real Estate Lawyers are online & ready to help you now

Tina
Lawyer
Satisfied Customers: 4813
16 years of legal experience including real estate law.
Law Pro
Lawyer
Satisfied Customers: 6227
20 years extensive experience in real estate law, foreclosure, finance, and landlord tenant law.
Barrister
Lawyer
Satisfied Customers: 4966
13 years real estate, Realtor. Landlord 24+ years

Recent FCRA Questions

  • real estate contract

    real estate contract
  • Here is the situation, I decided to buy a condo. Contacted

    Here is the situation, I decided to buy a condo. Contacted a mortgage company and got prequalified, then found a condo for sale by HUD that had FHA financing listed as one of the options. I bid on it and won. Later my mortgage company told me that this condo does not qualify for FHA, not sure how this is possible if seller is HUD non the less, the mortgage company offered to redo everything into a conventional loan with 5% down. I agreed now with days before closing , they are telling me that loan can not be approved and they are not able to provide a specific reason why. There were no changes in my income , no changes in my credit score or debt to income ratio. My question is " What can i do , this all sounds a bit funny, is anyone familiar with similar situations. How can they say NO since i have the pre qualification letter. Thank you
  • My two brothers and I jointly own our deceased father's house

    My two brothers and I jointly own our deceased father's house together. My older brother has recently requested a loan modification in his name to reduce the mortgage while we wait for the property to sell. I have been in the understanding that this modification will not have any financial implication on me personally and was told that I only need to sign because my name is ***** ***** deed. However, I am listed as a borrower on the loan modification deed of trust.
    My older and younger brothers do not get along and I am constantly mediating when any decisions need to be made toward the property. There is not much value in the property itself and I am ready to quit claim my interest to them. If I were to do this will I have any financial responsibility to the property?
< Last | Next >
View More Real Estate Law Questions