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Bankruptcy discharge in Sept of 2005. I had a Porsche that was voluntarily repossessed but was included in my bankruptcy. I have a letter from Porsche stating that this was included in bankruptcy. After 5 disputes or more Equifax keeps stating that it is being reported correctly. I have sent them a copy of the letter and Porsche also gave me an audit control number that shows that it was reported to credit agencies. Equifax was given all this info. The girl from Porsche says they don't have to remove if they don't want to.
Shouldn't this be stated that it was included in bankruptcy; not reporting correctly bal due and late payments and voluntary repossession. It's killing my credit.
After I disupted it the last time my fico score dropped 63 points!!!
@Anonymous wrote:Bankruptcy discharge in Sept of 2005. I had a Porsche that was voluntarily repossessed but was included in my bankruptcy. I have a letter from Porsche stating that this was included in bankruptcy. After 5 disputes or more Equifax keeps stating that it is being reported correctly. I have sent them a copy of the letter and Porsche also gave me an audit control number that shows that it was reported to credit agencies. Equifax was given all this info. The girl from Porsche says they don't have to remove if they don't want to.
Shouldn't this be stated that it was included in bankruptcy; not reporting correctly bal due and late payments and voluntary repossession. It's killing my credit.
After I disupted it the last time my fico score dropped 63 points!!!
Not sure what's going on here but it should be relatively easily updated to reflect included in BK. I am not sure why you are having so much trouble with this. How are you disputing this, online or in writing? Have you tried calling and speaking to them?
It is true porsche does not have to delete it if they dont want to, but it should be reported as "Included in BK". I would let a lawyer in on it if its killing your score like that, seems the CRA is playing hardball. Play hardball back.
We worked with the credit reporting agencies and had great luck getting inaccurate items corrected.
But we had an account that continued to report inaccurate information. I understand that a CRA may verify information without contacting the creditors directly. One dispute resulted in a response claiming the CRA verified information twice. We checked with our creditor and they showed no contact from the CRA's. They did get it cleared up eventually, but if you're running out of energy, an ethical attorney might be helpful. Sometimes it just takes a little time and effort to make sure everything's correct.