expunging settled accounts
Date: Sat, 06/16/2012 - 10:19
My friend had excellent credit until a divorce and her ex ran up the credit cards - She's made settlement with two cards and also a short sale of a house to settle the mortgage. How can she get the period before the settlement which shows delinquent or late payments to be expunged? Do we talk to the companies? She want to build her credit back up again.
You cant. There is no incentive for these creditors to do goodw
You cant. There is no incentive for these creditors to do goodwill, since they wont loan to her again. Legally as long as they are reporting accurately, there is really nothing you can do. Time will heal. In the meantime, she should get a secured credit card to start rebuilding. (Wells Fargo offers a secured card.)
