If you’re thinking about filing for bankruptcy, be aware that bankruptcy laws require that you get credit counseling from a government-approved organization within six months before you file for bankruptcy relief. You can find a state-by-state list of government-approved organizations at www.usdoj.gov/ust, the website of the U.S. Trustee Program. That’s the organization within the U.S. Department of Justice that supervises bankruptcy cases and trustees. Be wary of credit counseling organizations that say they are government-approved, but don’t appear on the list of approved organizations.
Seek help if you want it. You can dispute credit report errors yourself, but for some people, the process is stressful. If you feel overwhelmed, you can hire a credit repair company or law firm to help. Note that a professional credit repair firm will charge a fee for its services. A good credit repair company will never promise a “300-point jump in your scores!” In fact, that’s illegal. Instead, the company should be upfront about what they can do and will take payment only after they’ve helped resolve your situation.
Creditors can instruct credit bureaus to remove entries from your credit report at any time. For example, I hadn't charged anything on a particular credit card for months and didn't notice that I had been charged my annual fee until the payment was late. (Like a doofus, I was just tossing the statements without opening them because I "knew" there were no charges.)
All of our tools offer complete English and Spanish user interface, selectable per user, this way if a user feels better using the software in Spanish, all what the user needs to do is to click on "Spanish" and the entire system will change menus, messages and screens to Spanish. Click on that icon again and the system will be back to English interface, that simple!
Our credit advisors will assist in analyzing your current financial situation, providing personalized options based on your goals, and recommending the optimal debt management plan to achieve financial stability. The debt counseling solutions we provide offer our members long term financial success, as well as short term debt management programs and debt consolidation.
Write the various reporting bureaus with the explanation of your circumstances and ask for removal of the item. If they are not willing to remove the information, you have the right under the Fair Credit Reporting Act to attach personal statement (up to 100 words in most states) explaining the circumstances. Depending upon the type of information reported by the bureau, your credit record and score may be affected up to ten years.
Seek help if you want it. You can dispute credit report errors yourself, but for some people, the process is stressful. If you feel overwhelmed, you can hire a credit repair company or law firm to help. Note that a professional credit repair firm will charge a fee for its services. A good credit repair company will never promise a “300-point jump in your scores!” In fact, that’s illegal. Instead, the company should be upfront about what they can do and will take payment only after they’ve helped resolve your situation.
Become familiar with the information contained in each of your credit reports. They'll all look very similar, even if you've ordered them from different bureaus. Each credit report contains your personal identifying information, detailed history for each of your accounts, any items that have been listed in public record like a bankruptcy, and the inquiries that have been made to your credit report.

We estimate that 158 of Bryan’s 76,579 consumers have filed for bankruptcy. Since 2005, any individual in Bryan who wants to declare themselves bankrupt has to first get an official document demonstrating that they signed up for a bankruptcy credit counseling program in Bryan, TX. You are not required to pay a visit to one of the credit counseling services in Bryan, TX for this. Services are available over the internet and over the phone. 

I had a $10,000 surgery when my medical insurance lapsed. I had to fill out a form with the hospital that stated I could not afford to pay it and they forgave it/never went on my credit. If you make under a certain income, the hospital should help you get those off, call the hospital and ask. It may be too late since it’s in collections already, if that’s the case, don’t pay it because it won’t change the negative impact since it’s already in collections. Wait for it to fall off.
We are always here when you need us, and we offer different support channels, including real-time phone support for 5 days a week. Talk with a software specialist from 8:00AM-4: 00 PM Monday – Friday. You can also reach us through any of our other support channels. In free training that we always have with over 100 credit repair companies every two weeks, we discuss various topics that will help you run your business better. We also share best practices of those who are seeing success in the industry and rub shoulders with Million-dollar credit repair companies.
Set a budget and stick to it. A budget is simply a plan to direct parts of your income to specific expenses. Budgets can be simple or detailed. Determine how much you can comfortably set aside for savings and how much you can reasonably afford to pay of your debts. Try to lower your fixed expenses as much as possible so you can put more money towards fixing your credit.[3]

We all know that good credit is important, but most people struggle from time to time with too much debt, loss of income, or other financial emergencies. Collection agencies start entering the picture when payments are late or incomplete. People often file bankruptcy hoping for a new start, only to find their future credit is negatively affected for seven or more years. Understanding how to repair your credit is a far better alternative emotionally and financially.
If you have errors, especially inaccurate negative information, on your credit reports, you can see changes to your credit scores fairly quickly. Credit reporting agencies have to respond to disputes within 30 days, although some can take 45 days. And if the credit reporting agency sides with you, it must remove the mistake immediately. In a 2012 Federal Trade Commission study on credit report accuracy, four out of five people who disputed an error on their credit reports had a modification made to their reports.

You can find a state-by-state list of government-approved organizations at the U.S. Trustee Program, the organization within the U.S. Department of Justice that supervises bankruptcy cases and trustees. Also, before you file a Chapter 7 bankruptcy case, you must satisfy a "means test." This test requires you to confirm that your income does not exceed a certain amount. The amount varies by state and is publicized by the U.S. Trustee Program.


Unfortunately, rehabilitating a credit score is not as easy or as quick as its destruction. While delinquencies account for more than a third of your score, there is hope. Implement the steps in the section "Repairing Negative Information on your Credit Report". While solving old debt problems, stay current on your existing debt to have maximum impact for your effort.

One of the most tedious and complicated tasks of starting a business is to “find and purchase” a relevant domain name (website address) that can provide both exposure and recognition. We have done all the hard work to compile a list of domain names (available here) that you can purchase from us. Simply select your domain name from the list and get 10% discount of the advertised price.

The only thing worse than carrying around unbearable debts is bad credit. High balances, delinquent account statuses and poor payment history can all take a major toll on your credit score. Having a low credit score can negatively impact both your financial and personal life. You may be denied future credit or loans, or even rejected for a rental agreement. Part of our mission at Baker & Associates is to provide you with a path to financial freedom, and that includes credit recovery.

Most credit counselors offer services through local offices, online, or on the phone. If possible, find an organization that offers in-person counseling. Many universities, military bases, credit unions, housing authorities, and branches of the U.S. Cooperative Extension Service operate nonprofit credit counseling programs. Your financial institution, local consumer protection agency, and friends and family also may be good sources of information and referrals.
Your credit score is separate from your credit reports. And your reports don’t include your scores. But, thanks to the Fair Credit Reporting Act, you can get free copies of your credit reports from the three main credit bureaus—Experian, Equifax and TransUnion—once a year. You can access all of your free reports thru AnnualCreditReport.com. Or get your reports directly from Experian, Equifax and TransUnion.
“With Credit Repair Cloud I get to impact lives. It’s the best feeling knowing you’re making a difference in someone's life. Thanks to Credit Repair Cloud we get to transform so many more lives, and before it was all manual and we used to spend hours and hours and now with credit repair cloud, we get to save, not hours, but days and months and years of work!”
I was actually scammed by The Alternative Loan Machine $4,200. I know them. They are local to me. I paid them for work on my credit that they assured me would be done. It wasn’t done. They promised a refund. It’s been 3 months and the refund never came. Now, no one answers their phone, returns calls, or is on line at their chat “Help Desk” anymore. All the assurances of preventing scams and ensuring work, ended up all being B.S.

After you’ve resolved the negative items on your credit report, work on getting positive information added. Just like late payments severely hurt your credit score, timely payments help your score. If you have some credit cards and loans being reported on time, good. Continue to keep those balances at a reasonable level and make your payments on time.


Many of the companies appearing to offer free credit reports sell their monitoring service for a fee. The companies make you sign up for the free report and give a credit card, and then automatically transfer you to a paid service after enrollment and a trial period. If you do not cancel the service within the trial period, your credit charge will be automatically charged each month. Make sure you stop the service.
You've probably seen advertisements for credit repair on television or heard them on the radio. Maybe you've even seen credit repair signs on the side of the road. You don't have to hire a professional to fix your credit. The truth is, there is nothing a credit repair company can do to improve your credit that you can’t do for yourself. Save some money and the hassle of finding a reputable company and repair your credit yourself. The next steps will show you how.
American Consumer Credit Counseling (ACCC) offers consumer credit solutions ranging from debt counseling and debt consolidation relief, to pre-bankruptcy counseling and post-bankruptcy debtor education. If you are seeking debt consolidation options, ACCC offers a simple and effective consolidation program that's more prudent and beneficial than a debt settlement solution or taking out loans for debt consolidation. For personalized credit counseling advice and to learn about the best way to consolidate debt, contact an ACCC credit advisor today.
If you pay a charge-off in full, your credit report will be updated to show the account balance is $0 and the account is paid. The charge-off status will continue to be reported for seven years from the date of charge off. Another option is to settle charge-offs for less than the original balance if the creditor agrees to accept a settlement and cancel the rest of the debt.

If you're planning to file for bankruptcy, the law requires that you complete a pre-bankruptcy counseling session with an approved credit counseling agency. American Consumer Credit Counseling is an approved bankruptcy credit counseling agency, authorized by the US Trustee Program of the Department of Justice. In addition to obtaining a bankruptcy certificate before your bankruptcy is discharged, you must also, complete a debtor education course, also known as post-bankruptcy debtor education. ACCC can help you with both of these requirements.
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