My bankruptcy is discharged but my credit report still shows I owe money. What should I do?
- If you still see a balance on your credit report, you should go to each of the three Credit Reporting Agencies’ websites (Experion.com, Transunion.com, or Equifax.com) to dispute it.
- You will have to explain that the debt was discharged in a bankruptcy and you may have to include a copy of the Discharge Order.
- The Credit Reporting Agency has 30 days to investigate and reply. If they fail to reply, or reply saying the credit report is correct, contact Slayton Law and we will refer you to a lawyer who will sue them to fix it and request damages under the Fair Credit Reporting Act.
- If a debt is discharged by the bankruptcy, a record of ‘Discharged in BK’ can stay on your credit report for 7 to 10 years.
- Nonetheless, there are effective ways you can rebuild your credit after your bankruptcy. We are continuing to add recommendations and tips on our website. In the meantime, if you have questions, please contact our office.
