Thomas B. Hjerpe, Esq.

Kenneth J. Collins, Esq.

Jocelyn M. Godniho, Esq.

Catherine M. Koshkin, Esq.

Of Counsel

350 E Street, First Floor

Eureka, CA  95501

Telephone:  707 442-7262

Law Office of

Hjerpe & Collins LLP

We are a debt relief agency.  We help people to file for bankruptcy relief under the Bankruptcy Code

Credit Reporting - How to Correct Errors

Bankruptcy will eliminate your liability on debts.  After a bankruptcy lenders SHOULD update your credit reports.  This lets you start the process of recovering your credit - but there are often errors and errors are difficult to correct.

It is very common to have inaccuracies on your credit report.  Errors on your credit report will cause you great difficulty when you are trying to buy or refinance a home, buy a car, rent a house or enter into a transaction where your credit report is subject to review.  Inaccuracies will result in lower credit scores, higher interest rates, higher fees, etc..  This can cost you thousands of dollars over the course of the loan.

The formal method of repairing your credit report is to send an objection directly to the credit reporting agencies.  Your letter of dispute should identify each error by name of creditor and account number (where available), and should include a description of each error and what information should be reported.  You should include a copy of any supporting evidence or information that you have for each matter that is being disputed.  For example, if you have a credit card debt that was eliminated in bankruptcy, it is very common for a credit card company to fail to update the information.  In those cases, the debt continues to appear as open, active and delinquent even after the bankruptcy is concluded.  In those cases, you should identify the creditor in the dispute letter, describe the problem, and indicate that it should be reported as having a zero balance owing and the debt as being discharged in bankruptcy.  You should also include a copy of the Notice of Commencement of Case, the Chapter 7 Discharge of Debtor, and the list of creditors showing that the debt was listed in the bankruptcy case.  Please note that accurate derogatory information that is on your credit report cannot be removed through this process.

You should send your dispute to each of the three Credit Reporting Agencies [Equifax, Experian and Trans Union].  Once the credit reporting agency receives your dispute letter, they must conduct an investigation within 30-days.  An "investigation" amounts to contacting the underlying creditor and confirming whether the new information is accurate.



If creditors refuse to correct errors you should write directly to the creditor and advise them of their violation of the Fair Credit Reporting Act, the Fair Debt Collection Practices Act and the Bankruptcy Code (where applicable), and threaten them with litigation if they refuse to correct the error.  You must then file another dispute with the Credit Reporting Agencies.  Ordinarily the remaining creditors will now provide correct information and the problems will be corrected.  In situations where a creditor has continued to refuse to correct the problem, you can sue and collect damages from the creditor.  If you win, the creditor is required to pay your attorney's fees.

You should not expect credit reports to stay corrected.  You will find that some of the problems that you have already resolved will find a way of reappearing on your credit report in the future.  You should check your credit report BEFORE you seek financing so that you will have the opportunity to correct these problems.

You can try to fix these problems yourself.  First you must get copies of your credit reports.  You can get free credit reports once a year at www.annualcreditreport.com.  We provide self-help information on how to repair credit reporting problems at www.californiacreditreporting.com

Bankruptcy can improve credit

Filing a bankruptcy will improve credit ratings for anyone with defaulted debt

Credit Repair Over the Phone

Credit Reporting Agencies will help you repair credit over the phone.

Credit Repair - The Final Step

Correcting errors on Credit Reports is the final step in recovering from a bankruptcy.  Find self-help information at www.californiacreditreporting.com

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