AboutOntrack Financial Group llc Expertise With the credit market on a brink of collapse, the future of having good credit will be paramount. Loans will be near impossible to obtain with strict lending practices around the corner. Debt collectors and Law offices will use even stronger tactics to recover more of your hard earned money. Protecting you and your credit has to be a top priority.
In 2000 Ontrack Financial Group llc founded the credit arbitration movement. More and more companies entered into the arena and new business models joined old ones. Only one company has the attitute and aptitude to truly assist our clients. Ontrack Financial Group llc is that company!
With our proven credit arbitration solution, you can become Charged Off Debt free within three years or less. Our clients have eliminated their Charged Off Debts with our service and avoided communication with collection agencies and law offices in the process.
Since the inception of Ontrack Financial Group™, we have continued assisting our nation-wide clientele with their burdensome unsecured debt and has enrolled thousands clients in its programs, managing millions of debt for its clients without one complaint.
Ontrack Financial Group™ is a for-profit, private company and is not affiliated with the credit bureaus or the credit industry. As a result, our services are unbiased and independent, which allows us to better serve the consumer.
Experience Please read about us at Https://www.OntrackFinancialGroup.com/Q&A.html
Question I currently have about $45k in debt. A family member had cosigned on a secured loan for me and there is about $7k remaining. I want to file Chapter 7 BK but am afraid that this will negatively effect their credit. Can I remove my name from the loan and pay back my family member directly for the loan without effecting their credit and then file for Chapter 7?
Answer Dear Zac,
Thank you for your question.
The chapter 7 filing will affect your family member. Try to get your family member to refinance the loan only in their name. When completed the current loan will reflect paid in full on both credit profiles. Your name will be removed from the loan and you can pay back you family member directly without effecting their credit.
