Filing for bankruptcy is a serious step for individuals trying to get their financial issues in order. Even after completing a successful filing and a client has received a discharge of their liabilities, the work and vigilance do not stop there. Recently, a couple who previously completed a bankruptcy and were working hard to rebuild their credit, reviewed their official credit report as instructed by Luftman, Heck & Associates. The report, which was compiled by the three major agencies, Experian, Equifax, and TransUnion revealed that the bank that handled their mortgage was actually reporting the information relating to their bankruptcy incorrectly. The couple knew this inaccurate reporting would prevent them from getting their finances back on track, so they again reached out to attorney Matthew Alden for guidance.
Attorney Alden contacted the bank in question and after making them aware of the incorrect details, the bank notified the credit reporting agencies of the mistake and requested the report be updated to accurately reflect their past bankruptcy. Unfortunately, the clients’ worries did not stop there and in a prime example of how inaccurate reporting can be a burden even after supposedly being corrected, a third-party mortgage servicer began contacting the clients, attempting to collect on the mortgage debt the previous bankruptcy had actually removed. In an effort to protect his clients’ financial well-being and resolve the matter once and for all, attorney Alden quickly filed a lawsuit against the third party servicer under the Fair Debt Collection Practices Act (FDCPA) advising they were violating the terms of the previous bankruptcy and will be pursuing a monetary settlement, which will hopefully help to correct how they do business.
Prior results do not guarantee a similar outcome in your case. Individual results may vary based on the facts, injuries, jurisdiction, venue, witnesses, parties, and other factors. The results and client testimonials provided are not necessarily representative of the results obtained by all clients or their satisfaction with the firm’s services.