San Diego Credit Restoration Attorney

An Overview of Credit Restoration Methods

Bankruptcy is an effective tool for eradicating your outstanding debt, but it can come with the disadvantage of causing damage to your credit.  At San Diego Bankruptcy Pros, we are fully aware of the benefits to be had in filing for bankruptcy, but we also understand that the bankruptcy process does have certain ramifications.  We can provide information and help in pursuing credit restoration methods that have the result of an improved financial situation.  Contact a San Diego bankruptcy attorney at our firm who will help you decide what methods are best suited to restoring the health of your credit.

Aside from the natural impact to your credit that you may experience following bankruptcy, you may also experience "bad credit" issues that come from incorrect credit information posting and reporting.  Frequently, creditors will fail to report important credit information that comes with debt forgiveness after a bankruptcy.  This failure may be accidental, or it may be deliberate, but the end result is the significant damaging of your credit, which can lead to problems such as being unable to obtain a loan without extremely high interest rates.

Requirements for Creditors

Creditors, and credit agencies such as Equifax, Experian, and TransUnion, are bound by laws dictating the proper reporting of credit information.  These laws state that they are required to:

• Report credit information in an accurate manner
• Investigate any credit information that has been disputed
• Desist from holding onto negative credit information for an inordinate amount of time
• Provide individuals with comprehensive credit information, when it is requested

If you feel that your credit has been damaged by the violation of one of the above rules, it is strongly recommended that you seek the help of an attorney who can work towards reversing the damage that has been caused to you.

If your credit has been damaged in the aftermath of your bankruptcy proceedings, contact a San Diego credit restoration lawyer who can provide you with an array of credit restoration techniques.