bk7 verified

Discussion in 'Credit Talk' started by lg, Mar 12, 2002.

  1. lg

    lg Well-Known Member

    today i got an email telling me they verified my BK7. the assest and liability are 0.00 but that is incorrect. what do i do after it has been verified????
     
  2. lg

    lg Well-Known Member

    Can someone Please help thank you....
     
  3. robin

    robin Well-Known Member

    I would send them a "procedure request letter" demanding that they inform me of the method they used to verify the debt. Who they spoke with, the name, phone number etc.
     
  4. lg

    lg Well-Known Member

    thank you robin. will do asap....
     
  5. tmitchell

    tmitchell Well-Known Member

    I've been round and round with the CRAs on this. They said some BK courts don't report the assets/liabilites amounts to begin with and that's why they don't show up.

    Does anyone have legal precedence supporting our assertions that they MUST report the liability amounts aside from the FCRA stating all info must be 100% correct?
     
  6. QUEEN_BEE

    QUEEN_BEE Well-Known Member

    The FCRA states that it must be complete as well as accurate.
     
  7. tmitchell

    tmitchell Well-Known Member

    Yes, it says it must be complete based on the info that is provided by the creditor/court. For example, is the CRA required to delete an entry because the creditor does not report the CL? No. Unfortunately, the same logic appears to hold true in this argument. If the court doesn't report the asstes/liabilites, the CRA isn't required to report it.
     
  8. QUEEN_BEE

    QUEEN_BEE Well-Known Member

    Forgot, it also says something about relevant info.

    [Sorry, trying to cut out flyers and check the threads at the same time]
     

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