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Creditors and Bankruptcy/filled bankruptcy- still paying morgage

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Expert: Regan Shinski - 11/15/2010


Question
hi my wife and i filled bankruptcy in 08 and on the advice of our lawyers did not sign reafirmation agreement for our morgage we kept the house and car. i have been paying on the due date and am never late and never was the bank on the credit report has it that my home was in bankruptcy but it never was. now i know that i should of signed the agreement put we didnt.legally how can i get the bank to report to the credit agenceys that my house is not in bankruptcy and show im paying the morgage

Answer
Hello Joe:

Sadly, you cannot.  It really doesn't even have anything to do with the bankruptcy either.  Credit reporting bureaus are private companies.  Creditors basically have to be members to report information to the bureaus.  They are not legally obligated to report it, good or bad.

Sorry, I wish I had better news for you.

Regan

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Regan Shinski

Expertise

I can answer questions on collections, repossessions, bankruptcy, credit repair, credit counseling, FICO scores, credit planning, and the cause and effect of credit related decisions. I can also answer questions on collection settlements and preparing to sue your creditors for false debts and credit reporting.

Experience

Fifteen years ago I was financially devasted due to severe health issues. I filed bankruptcy, had a foreclosure, car repossession, tax lien, and ruined credit. I immersed myself in credit law. I settled dozens of accounts and had them removed to improve my credit. I personally sued four creditors and collection agencies and won cash settlements for their false reporting on my credit reports. Since then, I have completely recovered and have nearly $100,000 in revolving credit lines and perfect credit. I have owned a credit repair company for the past five years and have an additional three years of specific work in the collections and debt management industry. I am fully versed in the Fair Debt Collection Practices Acts (FDCPA), Fair Credit Reporting Act (FCRA), and have used them successfully in collection settlements and lawsuits for myself and others. I am also familiar with and abide by the Credit Repair Organizations Act (CROA). I have deleted or helped delete literally hundreds and hundreds of derogatory items from consumers' credit reports and helped negotiate many settlements with collection agencies and creditors. I have also advised people on bankruptcy at any stage. In the current credit market, I have successfully advised numerous people on how to obtain credit and how to negotiate for better terms.

Education/Credentials
BA - University of Minnesota

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(private)

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