Removing repossession from credit report...HOWTO? Repo Company problem ?
Removing repossession from credit report...HOWTO?Repo Company problem ?
I have a repo from a couple of years ago, and I want to pay off my
debt, and I want to clear-up my credit report. Think I owe $7,500
still, but not sure if that includes interest and 'fees' from the repo
company trying to collect my car. So, I'm about to get a lawyer, but
I don't trust most people with a decided self-interest, much less a
lawyer who I'll be paying $100 an hour or so.
How does this work? A msg I found in this group said I could
basically negotiate with my repo/finance company to get them to take
the thing off my credit report. I didn't want to contact them
directly b/c they filed criminal charges against me -
hiding/concealing - which was total bull, but let's just say it got
real nasty and i had a lawyer battling for me a couple of years ago.
So, does this sound like a legitimate plan? That is, hire a lawyer,
have him/her negotiate a settlement amount, and have the finance
company clean off my credit report - or just not dispute it - after I
dispute it with the credit agencies?
The real question I have - I guess - is that last part. Can I have a
contract written to guarantee that the finance company will not
dispute my dispute with the credit agencies - or that they'll
pro-actively clean my credit reports of this repossession? This
finance company is real shady. When you Google them you just get one
lawsuit after another.
-If they are shady, you should _definitely_ use a lawyer to negotiate
with them. Make sure your lawyer knows they are shady, so he can put
in a "liquidated damages" clause for if they don't follow through on
their part.
But yes, you can ma