How To Delete a Bankruptcy From Your Credit Report

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Deleting a bankruptcy can be one of the biggest challenges that you will face when it comes to repairing your credit rating. The reason for this is, in order to remove a filed bankruptcy from your credit reports you must delete every last account on your credit reports that mentions you filed bankruptcy. What you will usually find is that 80% or more of the accounts will be easy for you to remove from your credit reports while there will almost always be a few "stickier" accounts that just won't go away without a fight.
The First Step:
You must review your credit reports carefully and highlight every account that mentions "including in bankruptcy" or "bankruptcy" in general. These are the accounts that you must remove to completely clear your credit file of the stigma that goes along with filing in the first place. If you have moved since you have filed you would first want to delete the old address or addresses to make the credit repair process easier.
Step 2:
You must now go through and effectively dispute every account that you found in step one. You will want to find mistakes in the way the accounts are reporting and dispute these errors. For example, if the account balance or the credit limit is incorrect, dispute that as inaccurate and ask the account to be deleted permanently. Since most creditors will not validate the request from the credit bureaus on accounts that they have closed due to being included in a bankruptcy, you will find a lot of the accounts will simply go away forever using this method. This process may take many months, but you have to be patient. Your patience is worth it.
Step 3:
Now we are going to take a look at how the bankruptcy is stored. Understanding how the filing of the actual bankruptcy works will help us to successfully delete it from your credit profiles. After a period of two years, your file is moved from your local court house at which it was filed to a central storage place. If you go to your local court to ask to see your file, you will have to submit a request for them to get the file from the centralized storage location. You must have them order it. It will take approximately a week for it to arrive. Once they receive the file, they will alert you of its arrival. During this time is when you will want to dispute the bankruptcy with all three credit bureaus. The credit bureaus will contact the central storage facility and low and behold the file will not be there for them to verify it. You must stall your local court in going to view the actual file for as long as possible. The credit bureaus only have 30 days to verify the file.

Article Source: http://depositarticles.com/

bankruptcy on credit please visit my Lexington Law review page or call 1-800-258-0062 for a free credit counceltation.

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