Having inaccurate information on your credit report can impact your ability to obtain loans, employment and housing. A credit dispute attorney can help you to resolve these errors and ensure that your financial history is correct. They can also help you to recover monetary damages in the event of a false reporting lawsuit against a credit bureau.
Can you win a credit dispute?
Whether the mistakes in your credit reports are caused by clerical errors, computer mishaps or stolen identity from your personal information, you can hire a credit dispute lawyer to handle them. These professionals are familiar with various laws that protect consumers, including the Fair Credit Billing Act, the Fair Debt Collection Practices Act and the Credit Repair Organizations Act. They can also negotiate with your creditors on your behalf and represent you in legal disputes with them.
If you notice billing errors on your credit card statement, you should submit a written dispute to the card issuer within 60 days of the date of the statement that included the error. If they reject your claim, you can file a complaint with the Consumer Financial Protection Bureau. If you don’t resolve your dispute with the credit card issuer, they may continue to collect the amount and could turn your account over to a debt collector or report it to the credit agencies.
When deciding on a credit report dispute attorney, consider hiring a firm that offers a free case evaluation to discuss your situation and options without any obligation. Many law firms in New York offer this service and can give you an idea of your legal options for handling a credit-related matter.