sheepy Posted October 7, 2004 Report Share Posted October 7, 2004 SHERMAN ACQUISITIONThis item is currently being investigated. Dispute this itemAddress: PO BOX 10497GREENVILLE, SC 29603(800) 363-3115Account Number:xxxxxxxxxxxOriginal Creditor:HOUSEHOLD BENEFICIAL FStatus:Petition for Chapter 13 Bankruptcy/Collection account. $1,454 past due as of 9-2004.Status Details:This item was verified and updated on 8-2003.Date Opened:10/2000Type:InstallmentReported Since:07/2002Terms:1 MonthsDate of Status:07/2002Monthly Payment:$0Last Reported:09/2004Responsibility:IndividualCredit Limit/Original Amount:$2,168High Balance:NARecent Balance:$1,454 as of 09/2004Recent Payment:$0Account History:Filed Chapter 13 Bankruptcy 07/18/2002This is DHs CR. We filed chapter 13 11/99? I disputed last year and it came back verified. I disputed mine a couple of weeks ago and it came back verified. They are saying filed 13 in 2002? This has to be a violation?? Link to comment Share on other sites More sharing options...
Methuss Posted October 7, 2004 Report Share Posted October 7, 2004 That would be an FCRA violation by the credit reporting agencies, since all they are doing is parroting what Sherman is telling them and not investigating as they should.Send one more letter to the CRAs with a copy of your BK paperwork showing the account in question and the date filed. Tell them that the information they are reporting is inaccurate and must be corrected or deleted if they cannot verify it. At the very least they must update the record with the correct filing date so that it drops off your credit report at the correct time. As it is listed now, it will remain on the CR for a year-and-a-half longer than it is supposed to.If they fail to comply, get a consumer protection lawyer and sue them. Sherman may also be in violation because they updated your past-due amount just this month on an account that is under bankruptcy protection. Any lawyers have an opinoin on that? Link to comment Share on other sites More sharing options...
sheepy Posted October 7, 2004 Author Report Share Posted October 7, 2004 Actually I was wrong, I have one from Sherman for a different account. Mine is from FIRST USA, which in the cr says Discharged Through BK Ch 7, 11, or 12 on 12/31/1999. I'm confused at how they verify this. So, do I DV sherman? This is how sherman has it on my CR:SHERMAN ACQUISITION Dispute this itemAddress: PO BOX 10497GREENVILLE, SC 29603(800) 363-3115Account Number:xxxxxxxxxx.Original Creditor:FIRST USAStatus:Petition for Chapter 13 Bankruptcy/Collection account. $1,772 past due as of 9-2004.Status Details:This item was verified on 10-2004 and remained unchanged.Date Opened:03/2000Type:InstallmentReported Since:07/2002Terms:1 MonthsDate of Status:07/2002Monthly Payment:$0Last Reported:09/2004Responsibility:IndividualCredit Limit/Original Amount:$2,651High Balance:NARecent Balance:$1,772 as of 09/2004Recent Payment:$0Account History:Filed Chapter 13 Bankruptcy 07/18/2002 Link to comment Share on other sites More sharing options...
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