Benefits of Credit Repair
Benefits of Credit Repair
Our Kansas City Bankruptcy Attorneys Offer the Assistance You Need
The goal of credit repair is to ensure that your credit report — and resulting credit score — is based on fair and accurate information. Credit repair may become necessary for several reasons. Those who file bankruptcy are wise to pursue credit repair after the bankruptcy is completed. Otherwise, your credit may suffer far longer than necessary, which in turn can slow your progress in rebuilding financial stability.
Buying a car, securing a mortgage, or applying for an apartment or rental home can become difficult or downright impossible without good credit. You could end up with sky-high interest rates or be turned down altogether. Errors on your credit report may even affect your ability to get a job or find reasonable insurance premiums.
Credit repair can help you avoid these difficulties by:
- Eliminating negative, outdated information – By law, credit reporting agencies should purge outdated records after a set period of time, but it often falls to the consumer to initiate this action.
- Clearing discharged debts – Eliminating debts from your credit report that were discharged in the bankruptcy process can have a positive effect on your income-to-debt ratio—a major factor in your credit score.
- Correcting inaccurate records – Sometimes errors on your credit report are honest mistakes, but they still have a negative impact. Identifying and fixing any errors can improve your credit.
Once your credit report is clean and up-to-date, you can feel confident moving forward with a solid foundation for rebuilding your credit.
“Ryan and David both were very personable as well as professional.” - Deana
“This team of attorneys has gone out of their way to help me” - Jeffery B.
“Very grateful.” - Carlos I.
At the bankruptcy law firm of Patton & Dean, LLC, we provide free credit repair services for all of our bankruptcy clients. We will review your credit reports, identify any inaccurate or outdated information, and pursue every available means of removing it.
Our lawyers are intimately familiar with the law that governs credit reporting, including the Fair Credit Reporting Act (FCRA). We know what to look for when detecting problems with credit scores or reports. We will not hesitate to take on major credit reporting agencies, even pursuing your case in court if needed. Our collective knowledge, experience, and resources can be your advantage in disputing inaccurate credit information.
To learn more about the many benefits of credit repair, contact us for a free consultation. Our attorneys handle bankruptcy and credit repair issues in Kansas City and the surrounding areas.