Debt Reduction

Debt Reduction – How to handle your own personal crisis!

Debt Reduction, when coupled with Credit Repair can be a powerful way to get your financial house in order.

When you find yourself robbing Peter to pay Paul, or throwing the bills into the air so you can only pay the ones that don’t fall, it’s time to take back your life. At times we all find ourselves in situations that spiral out of control and overpower all reason. We were raised to always pay our bills on time, and never walk away from someone you owe money to.

Sometimes default is inevitable and based on new conditions in our lives, we may need to renegotiate with our creditors. AJ Legal Credit Repair can help you through this process and while doing so, can help repair your credit. It will take some time to resolve this situation, but just imagine what would happen if you didn’t! Bankruptcy, Foreclosure, harassing phone calls, these are all real possibilities.

Credit Repair

Credit Repair and why it is necessary, even when you don’t think you have a problem.

A study released by the U.S. Public Interest Research Group in June 2004 found that 79% of the consumer credit reports surveyed contained some kind of error or mistake.

Under the Fair Credit Reporting Act, consumers have the right to gain access to their credit report and to dispute any information on the report that is inaccurate, misleading, obsolete and unverifiable. You indicate to us which items you wish to dispute on your credit report, and how you want us to dispute them.

Once our team receives your credit reports, we will prepare the appropriate intervention or dispute letters. The dispute letters are designed to communicate your dispute in such a way that the credit bureaus will accept the dispute and conduct an investigation. Their ability to delete questionable, negative items is dependent on having up-to-date credit reports.

Without copies of your current credit reports our team can do very little to improve your credit. Sometimes clients forget to send an updated credit report.

At the conclusion of the credit bureau’s investigation, a new copy of the credit report should be sent to your home along with any deletions or improvements. You will then send copies of them to us. So, when we accomplish deletions and improvements, you will see them first on your credit report. Additionally, you are always welcome to call or email your Debt Busters 911 representative and request an update of the progress of your case. If you are still not satisfied that the questionable, negative credit has been accurately resolved, the cycle will begin again.

You do have the right, under federal law, to conduct your own credit repair process if you so choose. While this may sound easy, any person who has attempted to dispute items on his own credit report may tell you otherwise. According to federal law, the credit bureaus can ignore your dispute under a variety of conditions. You have the legal right to work out your credit disputes with the credit agencies and credit grantors yourself. It is much like your right as a citizen to represent yourself in court. Many people, however, choose to ask our team to represent them because of the depth of experience we demonstrate. Another factor to consider is the amount of time and follow-up required to coordinate disputes with all credit reporting agencies and the creditors appearing on your credit report.