You can learn more from our asked questions
Many bankruptcy attorneys do not adequately understand or explain the effects of bankruptcy to their clients.
Stated simply, bankruptcy is to the credit rating what the nuclear bomb is to war. When you file for bankruptcy, every credit account that you decide to include in bankruptcy will become an "included in bankruptcy" account.
Additionally, a bankruptcy filing and bankruptcy discharge listing will appear in the court records section of your credit report.
Because so many negative items are attached to the bankruptcy, it becomes very difficult to challenge every trace of the bad credit. Results and timing vary based on each consumer's individual circumstances. If at all possible, you should avoid bankruptcy.
The Credit Repair Organizations Act prohibits making false claims about credit repair. It makes it a crime for companies to collect all credit repair fees from an individual prior to services being rendered. It requires that these companies inform you about your legal rights. It demands that a credit repair company provide information about your legal rights in a written contract, which also must detail the services the company will provide you with, the duration of the services, the timeline before results can be expected, the total cost of the repair and any guarantees that are offered.
You have a right to dispute inaccurate information in your credit report by contacting the credit bureaus directly. However, neither you nor any credit repair company or credit repair organization has the right to have accurate, current, and verifiable information removed from your credit report. The credit bureau must remove inaccurate, negative information from your report only if it is over 7 years old. Bankruptcy information can be reported for 10 years. You have a right to obtain a copy of your credit report from a credit bureau. You may be charged a reasonable fee. There is no fee, however, if you have been denied credit, employment, insurance, or rental dwelling because of information in your credit report within the preceding 60 days.
Any pertinent information and copies of all documents you have concerning an error should be given to the credit bureau. If the credit bureau's reinvestigation does not resolve the dispute to your satisfaction, you may send a brief statement to the credit bureau, to be kept in your file, explaining why you think the record is inaccurate. The credit bureau must include a summary of your statement about disputed information with any report it issues about you. The Federal Trade Commission regulates credit bureaus and credit repair organizations. For more information, contact the Public Reference Branch, Federal Trade Commission, Washington, D.C. 20580. Our fees include paper, ink, internet, supplies, credit reports, forms, all phone calls, stamps, and education on rebuilding your credit. There shall be no other charges.
Trinity Enterprises has attempted to join the Better Business Bureau as an Accredited Business. However, the BBB does not currently offer accreditation services to credit repair companies.
Trinity Enterprises LLC in Winter Park, FL has helped many Orlando-area consumers understand their options before deciding whether bankruptcy is the right path forward.
It's common for consumers to feel overwhelmed when collection companies call about old debt. Trinity Enterprises takes the time to help each client understand their situation. Debt collectors and collection attorneys are required to be licensed in your state to collect funds — see the Fair Debt Collection Practices Act for more consumer information. In many cases, older negative items on a credit report may be strong candidates for dispute through credit repair. For a consultation with a credit repair specialist, call 888-461-8555.
Bankruptcy can be a reasonable option when a mortgage or other major debt is significantly delinquent with no realistic path to catching up. However, when accounts are older and already charged off, bankruptcy isn't always the most beneficial route, since much of the credit damage may have already occurred. In these cases, credit repair services may offer a path toward rebuilding your credit standing. Older, inaccurate, or unverifiable accounts are often good candidates for dispute through credit repair.
Trinity Enterprises LLC reviews credit reports for consumers throughout Winter Park, FL and Orlando, FL. During a consultation, our specialists assess whether credit repair, debt consolidation, or bankruptcy may be the better fit for your situation. If credit repair isn't the right solution for you, we can refer you to another professional. For a consultation with a credit repair specialist, our team reviews your credit report with you before any services begin.
Results and timing vary based on each consumer's individual circumstances. Accurate, current, and verifiable information cannot lawfully be removed from a credit report merely because it is negative. You always have the right to dispute inaccurate information directly with the credit bureaus at no charge.
Don't make a major financial decision out of fear — get informed first. Consult with a credit repair specialist at Trinity Enterprises LLC today. Call 888.461.8555 or visit www.trinityenterprisesllc.com.