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ChexSystems removal success, via BK7

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Anonymous
Not applicable

Re: ChexSystems removal success, via BK7

Im not sure what that is? Can you explain a bit?

Message 91 of 108
daveg38
Established Contributor

Re: ChexSystems removal success, via BK7

If you're referring to me, Teletrack (CoreLogic) is the company that holds consumer information related to bad checks, some payday loans and even and bank accounts.  CL Verify (Microbilt) is the company that is nearly 100% Payday loans and other short-term consumer finance products.

 

People request those reports get cleaned IMMEDIATELY because if the debt gets sold, it can automagically appear on your main credit reports.  I have requested these reports and is the only thing holding me back from CH7 today.

 

If there is a consumer report that exists with potentially harmful information, I HIGHLY suggest pulling it and putting the debt into your bankruptcy IMHO. Sure, you can scream from the highest mountain, "I'm Bankrupt!"; companies that don't know their debt was included in bankruptcy petitions are under no obligation to remove it just because you forgot.  You actually need to tell them you're insolvent.

 

The attorney I've retained even told me to include any loans from family.  Guess my sister will not be sending that Christmas card this year....

 

ChexSystems, on the other hand, deals primarily with banks (the reason why getting the slate clean here is easier); your checking account was written off completely.  That's not to say, however, that this debt cannot be purchased and later collected (provided its within your state's SOL on debt).

 

All things financial, reporting, CH7 etc. are strictly on a "YMMV" basis. 

Ch7 Discharge: 5/14/2016 | Target RedCard $900 | Merrick DYL $500
Message 92 of 108
Anonymous
Not applicable

Re: ChexSystems removal success, via BK7

It makes sense that these companies exists for these lenders but I ahve never heard of them. I am going to postpone my 341 hearing and await the results of the reports to make sure everything is included. I really appreciate you providing the additional information as it will be of great help to me.

 

Thank you.

Message 93 of 108
Anonymous
Not applicable

Re: ChexSystems removal success, via BK7

This is open to anyone. I sent over the BK paperwork the night of 3/31. I just called them today and they say it is still being processed. Is this type of delay typical. The other posters I have read on this thread indicate being updateed within 10 business days. As I mentioned tomorrow will be 15 days. Is there a time limit they have to process the request? Will they aautomatically send an updated report? Please advise.

 

Thank you. 

Message 94 of 108
Anonymous
Not applicable

Re: ChexSystems removal success, via BK7


@Anonymous wrote:

This is open to anyone. I sent over the BK paperwork the night of 3/31. I just called them today and they say it is still being processed. Is this type of delay typical. The other posters I have read on this thread indicate being updateed within 10 business days. As I mentioned tomorrow will be 15 days. Is there a time limit they have to process the request? Will they aautomatically send an updated report? Please advise.

 

Thank you. 


They have 30 days to respond.  It's the same as disputing with a credit bureau.

Message 95 of 108
jblanco000
Member

Re: ChexSystems removal success, via BK7

I sent my BK papers in and about 14 days later I called and they said it was all cleared. I opened an account at Wescom Credit Union the same day!

Message 96 of 108
Anonymous
Not applicable

Re: ChexSystems removal success, via BK7

-

Message 97 of 108
Anonymous
Not applicable

Re: ChexSystems removal success, via BK7

I faxed my info over to Chexsystems about 10 minutes ago. I will keep you all updated on what happens! Im getting really depressed getting shot down at banks/CR's and everywhere else.

and i never want to hear, well...we have a second chance cash-only account available for people like you!

ughhh

 

wish me luck everyone!

Message 98 of 108
Anonymous
Not applicable

Re: ChexSystems removal success, via BK7

Hello Fellas,

 

I just have a question. I'm about to file for chapter 7 my lawyer will file it next week but I will like to know if I need to wait until I receive my final discharge paperwork from the court in order to call Chexsystem for them to remove my default accounts or what? 

Message 99 of 108
michaels88369
Frequent Contributor

Re: ChexSystems removal success, via BK7

Can someone pm me the fax# for ChexSystems? I was discharged 7-7-15 and want to open a new checking account
Credit conscience!
Message 100 of 108
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