A few steps in the right direction. Just need another shove please!!

[Anonymous]

Hello fico family.  We have been gulping our fico-tinis's in our home and i am a little daxed and confused. I am helping my significant other clean up his credit and this is where we are.

1st.  We paid off One Cap 1 card in full (this account was in judgement), settled with another Cap 1,

and settled with HFC for a motorcycle.

2nd. There is another account from Cap 1, which is being disputed, due to the fact that it may be a fraudulent account.  We sent a DV letter and have gotten back no info on this. There is a CA trying to collect on this.  Should we send out another DV letter or is there another letter to send, so that we can get them to remove or validate.

3rd. There is an account in judgement (there were 2), that we know for sure is fraudulent, we were able to get the info of where it was sent from the CA trying to collect and we know the address of where it was opened, but what do we do?  Do we need to go to court and have them reverse this, I dont know what the next step should be.

PLEASE help as we are trying to get married in January and we dont want his debt to hinder this.

As for me I have gone from a 543 last June to a 664 as of April 1st all thanks to my fico.  Also I want to know which is better a transunion myfico score or Equifax myfico score?

[Anonymous]

2nd. There is another account from Cap 1, which is being disputed, due to the fact that it may be a fraudulent account.  We sent a DV letter and have gotten back no info on this. There is a CA trying to collect on this.  Should we send out another DV letter or is there another letter to send, so that we can get them to remove or validate.

                  Send a DV  CMRRR to the CA         wait until your dispute is done IF it comes back verified   by the CRA........then you send the OC letter to Cap1   CMRRR

                   You might have to file a police report for ID THEFT!    Then copies of the police report are sent to the CRAs....The OC and CA   CMRRR

3rd. There is an account in judgement (there were 2), that we know for sure is fraudulent, we were able to get the info of where it was sent from the CA trying to collect and we know the address of where it was opened, but what do we do?  Do we need to go to court and have them reverse this, I dont know what the next step should be.

                    Because....you have to be served a summons (I take it that you didn't receive one)    You can call the courthouse and ask what you need to do in order to have it vacated  or dismissed (whatever the word is)  for improper service.    This you might be able to do your self!

         It might be better and faster to hire an attorney.

Message Edited by HappyDays on 04-16-2008 12:54 PM

[Anonymous]

Thank u Happy u have made my day.  What  do u mean by OC letter.  As for the judgements I am gonna get on the phone with the courts immed.  Also when he comes home from work we are going to the police station.  I appreciate all of the help and advice.  It's so helpful.

Message Edited by LifeChanges on 04-16-2008 01:00 PM

[Anonymous]

Also when u settle what must be done to have the reports updated?

[Anonymous]

To get the judgment off....send the court papers to them  asking them (CRA) to delete........NOW  you might first send the police report to them and claim ID THEFT....they might delete  with out getting a court to dimiss it.  Because it is a judgment  im not sure what the CRAs will do.

The OC letter   only goes to an OC after they verify the account.    CMRRR

Read it & make all changes needed

HSBC Card Services
Attention: Bureau Dispute Processing
PO Box 19360
Portland, OR 97280

August 2, 2007

Re: Acct #xxxxxxxxxxxxxx

To Whom It May Concern:

I recently pulled my credit report from Experian, Equifax and TransUnion and noticed this account was listed on each of my reports as a collection/chargeoff. I immediately disputed this information with Experian, Equifax and TransUnion and the results of the investigation came back as "verified". I did not have an account with HSBC during this time period.

Since I have disputed the account with the credit bureaus, and you have verified them, I would like to see what sort of records you have for this alleged account. Under the new FACTA laws, you are required to conduct an investigation on this account, and I am now requesting it.

I will seek legal action under § FCRA 623 (b) for violations of the FCRA if you do not comply and respond to me with the results of the investigation whithin 30 days of your receipt of this letter.

In order to clear up this matter, I would like to see, a signed contract showing me that I indeed had an account with your company. If you don't respond with the results of the investigation (as is required per the FCRA), I will assume you have no documentation and therefore you were negligent in providing the credit bureaus with accurate information. At this point, you would also be in violation of the FCRA merely for not responding within the 30-day period.

To avoid a lawsuit, I request that you remove account from my credit report. Please delete this listing or I will be forced to seek legal action.


Sincerely,

Message Edited by HappyDays on 04-16-2008 03:07 PM