free articles
Real Time Search of Articles...
openId | login | sign up!  

  

   Article Niche |  article feeds |  submit articles |  terms of service |  privacy |  press |  publishers |  login |  contact us |  niche blog
Nichole Green's articlesKristel Nicole Eniego's articlesCaryn Hefferren's articlesDiane C Sullivan's articlesEmiel's articlesDan Moskel's articlesHarwinder Singh's articlesJulie Shoemaker's articlesHarman Singh's articlesMarija Kostovic's articlesMark South's articlesJohn Cooper's articles


article submission

Self Help Free Article Feed rss feed

Foreclosure Credit Repair


John Cooper's posts by  John Cooper,   published:  Monday November 3, 2008
syndicated:  0 | total views:  1337 |  word count:  382
laesbarhedsindex readability score:  Average Readability
on the net:  http://www.707creditscore.com

UNITED STATES, Nov 03 — There is information out there that says a foreclosure will remain on your credit report for a minimum of seven years. The truth is a maximum of seven years.These reports are false, did you know that credit reporting is entirely voluntary.In sum, you do not have to just live with bad credit

This Article has been currently rated as:  [0 vote(s) cast]
Please Rate this Article :   
PDF version | Printable version | Publisher HTML version | Post a Comment (0) | Email Article

Foreclosure Credit Repair
  Image may be subject to copyright.
T here is information out there that says a foreclosure will remain on your credit report for a minimum of seven years. The truth is a maximum of seven years.

These reports are false, did you know that credit reporting is entirely voluntary. A lender does not have to report a negative mark on your credit file and can remove one at any time.

I suggest the first step you take is to dispute the listing with the credit bureaus. This is done through a dispute letter sent to each credit bureau.

In this letter you are challenging the accuracy or validity of the foreclosure. You must include the reason the mark is wrong for example; item is out of date, amount is wrong, not my account and etc.

It is common for credit bureaus to deem an initial dispute letter invalid. They will respond and ask you for more information about the dispute. This is a common stall tactic for the bureaus. They use this because it only costs them money to conduct an investigation.

You will have to send your dispute letter again; if you are persistent you can submit a valid dispute letter. The bureaus will then conduct an investigation into your negative mark.

Since many lending institutions have gone under because of the housing crisis and the ones that did not are financially strapped there is a good chance your foreclosure will be unverifiable. If this is the case the mark must be removed from your credit report.

However if it is verified then I suggest you hire a credit repair service. They have more advanced dispute techniques at their disposal. They also have an expert understanding of credit laws and if necessary can go to court on your behalf.

We do expect to see some new laws or case precedents emerge from this housing crisis. It is probably in your best interest to hire a service especially if the foreclosure is not your only negative listing on your credit report.

There is one last option. You can negotiate a settlement offer with the lender. You must negotiate that in exchange for your payment they will remove the foreclosure from your credit report.

In sum, you do not have to just live with bad credit. You can have inaccurate or invalid negative marks removed from your credit report.

Copyright © 2010 John Cooper - All Rights Reserved. Hyperlinked material remains the property of its respective owners.

Author Resource
For more about Lexington Law or how to improve credit score visit us.

View all John Cooper's posts


Tags/(Keyword Density):   free credit repair service/(0.0%),   legal credit repair services/(0.0%),   credit report repair services/(0.0%),   credit report repair service/(0.0%),   improve credit rating repair service/(0.0%),   negative credit repair service/(0.0%),  


Popular Search Engine Terms that were used to find this article :   meditation how to,   new car loan,   home repair,   dispute letter,   small business credit cards,   repair credit report,   how to remove foreclosure from credit,  

Permanent Link:  http://article-niche.com/launch/Foreclosure-Credit-Repair.htm
RSS Topic Feed:  http://article-niche.com/xml/xml.php?cat=50 Free Article Feed
  Google Feed

Share:                   facebook | tweet


Contact This Author
Communicate directly with John Cooper, the author of this article.
Send suggestions, comments, engage in conversation, or perhaps you would like to submit a project.

Click Here to send a comment, or proposal.

Community Discussion: Free Article Feed  RSS Comment Feed
Comment Policies
There are currently 0 comments to display.

Get the discussion going, be the first to express your opinion about this article!

Post New Comment

Gravatar enabled site. If you do not have one they are free. Get one here.
We post your name and a link to your site as a way to thank you for joining the discussion.


*required





*required


*required
image verification


*required

Recent Posts Self Help


Tips To Gain Self Confidence
Self Help Article Have you ever felt your kid may be feeling a little down lately? The reason may be many. However, make your child practice a few tips to gain self-confidence. You can notice these tips being discussed in detail in many Character education programs. T
» Click Here to Read the Entire Article...
5 Most Desirable Wrinkle Treatment Plans
5 Most Desirable Wrinkle Treatment Plans Getting older as well as wrinkles is a difficult procedure that happens because of so many aspects. The primary factor is usually wrinkly skin is a natural strategy of your aging, which often could not often be avoidable. As component of the aging pr
» Click Here to Read the Entire Article...
Getting Cosmetic Surgery How Young Is Too Young?
Getting Cosmetic Surgery  How Young Is Too Young? How young is too young for cosmetic surgery?  This is a question that is asked with a great deal of regularity, probably because there is not simply one answer.

However, if you are asking this question, whether you are a teenager
» Click Here to Read the Entire Article...
Drug And Alcohol Use And Abuse In College Students
Self Help Article Popular movies such as Animal House, Old School, and Revenge of the Nerds have certainly highlighted the use of drugs and alcohol on college campuses. Some colleges even pride themselves on getting on the Top 10 Party School list that is released by
» Click Here to Read the Entire Article...
Benefits Of Herbal Soaps
 Benefits Of Herbal Soaps Herbal extracts have been here for centuries. Their goodness has been well researched and clinically proven.  They are natural antioxidants, antiseptics, antimicrobial and known to prevent various skin diseases and help the immune system. The mo
» Click Here to Read the Entire Article...

Most Read Posts Self Help


Feeling Addiction
Self Help Article Feelings can become an addiction in our life.

Feelings are in many ways a stimulation, a way in which to enjoy the physical. When looking back at the culture of the past and also today, it is obvious that people are addicted to certai
» Click Here to Read the Entire Article...
Credit Repair And Unsecured Credit Cards - Boosting Credit Scores Fast
Self Help Article If you're credit challenged and need to raise your business or personal credit score in the quickest amount of time, I would strongly recommend that you employ a legitimate credit repair service (yes, they do exist) and get a guaranteed merchandise c
» Click Here to Read the Entire Article...
7 Habits of Successful people
Self Help Article
What success means to you and the next person could be two entirely different things, but one thing is for certain we’re all trying to become more successful…whatever that means.

A successful person may have money, wealth, power yet on the
» Click Here to Read the Entire Article...
Where is Happiness?
Self Help Article Do you move through life feeling everyday is the same? Like some repeated pattern that goes on and on? For some people, there's nothing new to do under the sun, and nowhere to go. Everything is just boring, boring, boring. They work so hard to earn e
» Click Here to Read the Entire Article...
Fun Work?
Self Help Article What is work? There’s a Pandora’s box if I ever heard one. We can tell by all the bitter frowns, tears, cursing, slumped shoulder’s, curt statements, sulking, pouting, exhibitions of contempt, snarling, coarse words, distress, glum looks, spasms, cra
» Click Here to Read the Entire Article...

John Cooper's Articles


How To Repair Bad Credit
Self Help Article If you have bad credit there is hope. You do not have to wait seven years for bad credit items to naturally fall off your credit report.

Congress passed the Fair Credit Reporting Act which gives you the right to dispute any item on your credit
» Click Here to Read the Entire Article...
Dispute TransUnion Credit Report
Dispute TransUnion Credit Report For you to dispute and remove an item on your credit report with TransUnion you must file a dispute. This is done through creating a letter yourself or hiring a credit repair service to do it on your behalf.

You need to know that you must disp
» Click Here to Read the Entire Article...
How To Negotiate With Debt Collectors
Business Article When you are being contacted by debt collectors it can be very aggravating. It can cause you to change your number, change your job, and even move.

This frustration will quickly be multiplied if the debt is not a valid debt. It is not uncommo
» Click Here to Read the Entire Article...
Review Of Lexington Law Credit Repair Service
News Story Article Lexington Law is headquartered out of Salt Lake City, Utah. They are a credit repair firm.

There are 400 employees 22 of which are credit lawyers. They have been operating for over 17 years and have served 1/2 million people. They dispute nega
» Click Here to Read the Entire Article...
Tips To Improve Your Credit Score
Tips To Improve Your Credit Score Improving your credit score can seem like an impossible task. This is because there is so much contradictory information and the scoring model makes you feel as though you have no direct control over your credit score.

This is incorrect. If yo
» Click Here to Read the Entire Article...


  >>More Self Help posts

content for webmasters
Environment categoryEnvironment categoryEnvironment categoryFitness categoryFitness categoryFitness categoryFitness categoryFitness category

Contact Us |  Terms of Service |  Privacy |  Article Feeds |  Publishers

 © 2000-2010 The Article Niche Project | Content Provider. All Rights Reserved.
185 Madison Avenue • New York • New York • 10016