VExclusive201 Posted April 5, 2012 Report Share Posted April 5, 2012 I signed a lease for an apartment with two other people. We all fell behind in rent and had to move out. I was told one of the other room mates were making payments towards the debt.I pulled my credit report and found that the debt was in collections. I had no knowledge this account was even about to default. I had the other 2 roommates sign a roommate release form. Which releases me from all financial obligation on the debt and they take full responsibility.I sent this to the original creditor and they said they would forward the forms to the collection agency and I have to wait for a response from the collection agency. If it is up to the collection agency they will not release me from the debt.how can I get released from financial obligation and this collection account removed from my credit report when the other parties agree its their fault its in default but I signed the contract? I did dispute with the credit bureaus as "debt belongs to primary account holder" but it came back as verified - consumer disputes this account information Link to comment Share on other sites More sharing options...
thomassl Posted April 5, 2012 Report Share Posted April 5, 2012 Is the roommate release agreement through the apartment complex or one you generated? The apartment complex is not obligated to accept this agreement unless it was signed by them as well. It may be that you will have to sue your roommates, get your money, pay the debt and ask how to get this negative removed from your credit report. Link to comment Share on other sites More sharing options...
Denita Posted April 5, 2012 Report Share Posted April 5, 2012 Is the roommate release agreement through the apartment complex or one you generated? The apartment complex is not obligated to accept this agreement unless it was signed by them as well. It may be that you will have to sue your roommates, get your money, pay the debt and ask how to get this negative removed from your credit report. +100 Link to comment Share on other sites More sharing options...
VExclusive201 Posted April 5, 2012 Author Report Share Posted April 5, 2012 It is a form I received from the apartment complex, I don't feel the need to sue because the other roommates are willing to comply with whatever I need them to do. I just don't know what that should be to have it removed from my credit report besides be dropped from the account. Link to comment Share on other sites More sharing options...
Recommended Posts