foreclosure initiated on credit report
Date: Wed, 07/07/2010 - 08:29
I would like ask you for advise. One item on my TU credit report shows "Foreclosure" and "foreclosure initiated; closed 08/2008". I sold my home in short sale, which is not showing on my credit. So question, what should I do with this problem, do I have any legal ground to request removing this item from my credit report ?
You do have a legal right to have this corrected since this is i
You do have a legal right to have this corrected since this is incorrect information. You should contact the credit reporting bureau and send them a copy of the proof that your home was sold in a short sale. The bureau will do some investigation to prove for themselves that the information is incorrect and then fix it.
And congratulations on your short sale!
Quote:Originally Posted by OVLG AttorneyYou do have a legal righ
Quote:
Originally Posted by OVLG Attorney You do have a legal right to have this corrected since this is incorrect information. You should contact the credit reporting bureau and send them a copy of the proof that your home was sold in a short sale. The bureau will do some investigation to prove for themselves that the information is incorrect and then fix it. And congratulations on your short sale! |
Thank you.
You can either have this corrected or removed. For my short sale
You can either have this corrected or removed.
For my short sale clients, I have them monitor reporting after the fact and since usually there is something messed up with the reporting, I consult with my clients on what steps they can take to have the account removed from credit.info removed.