Credit Repair Business Secrets
Credit Repair Business Secrets
Daniel Rosen
How to Remove a Bankruptcy From Your Credit Report
11 minutes Posted Nov 10, 2020 at 3:00 am.
As Credit Heroes we’re faced with doing our best to educate our clients, to help them to remove negative information, and assist them in rebuilding their lives. So if you haven't already faced the task of removing a public record like a bankruptcy, you definitely will soon enough as the effects of this pandemic ramp up.According to the American Bankruptcy Institute, in an article published in May of this year, over 760,000 bankruptcies were filed in the US by the end of March 2020… and that was BEFORE the effects of the pandemic! Needless to say - as a Credit Hero - you’ve got to know how to dispute a bankruptcy and get it removed from your client’s credit report because, without your help, it will leave an open wound on their credit for 7-10 years! That bankruptcy, means too often your clients are getting an automatic “NO!” from lenders, employers, or even landlords for years!So if you wanna know how to take this massive weight off their shoulders, by removing the bankruptcy from their credit report… You better stick around!Key Takeaways for This Week:Why is removing a bankruptcy from a credit report so important
The unique challenges of removing public records from credit reports
Why do credit bureaus purchase information about public records?
How to dispute a bankruptcy form a credit report
What to do if the bankruptcy doesn’t get deleted
Why are Credit Heroes so important during these times of crisis?
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As Credit Heroes we’re faced with doing our best to educate our clients, to help them to remove negative information, and assist them in rebuilding their lives. So if you haven't already faced the task of removing a public record like a bankruptcy, you definitely will soon enough as the effects of this pandemic ramp up.According to the American Bankruptcy Institute, in an article published in May of this year, over 760,000 bankruptcies were filed in the US by the end of March 2020… and that was BEFORE the effects of the pandemic! Needless to say - as a Credit Hero - you’ve got to know how to dispute a bankruptcy and get it removed from your client’s credit report because, without your help, it will leave an open wound on their credit for 7-10 years! That bankruptcy, means too often your clients are getting an automatic “NO!” from lenders, employers, or even landlords for years!So if you wanna know how to take this massive weight off their shoulders, by removing the bankruptcy from their credit report… You better stick around!Key Takeaways for This Week:Why is removing a bankruptcy from a credit report so important (0:00)The unique challenges of removing public records from credit reports (1:32)Why do credit bureaus purchase information about public records? (2:36)How to dispute a bankruptcy form a credit report (3:46)What to do if the bankruptcy doesn’t get deleted (4:50)Why are Credit Heroes so important during these times of crisis? (7:49)Additional Resources:Get a free trial to Credit Repair CloudSign up for the Credit Hero ChallengeMake sure to subscribe so you stay up to date with our latest episodes!