Suing credit bureaus 7 tips you should know before going to court


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After suffering from a poor credit report for years, Mark Clayborne went on a mission to study everything he could on restoring his credit. Concluding the extensive research, he repaired his credit report and learned various hidden secrets on how to improve a bad credit file. Because of this new found tested knowledge, Mr. Clayborne helped over a hundred consumers repair their credit and take their financial life back. Now, he wants to share these strategies with the world and as a result HIDDEN CREDIT REPAIR SECRETS was created which has sold over 1000 copies as of today. Mark is a certified credit consultant with over 100 articles written in the area of credit repair and a successful radio show titled “Who Else Wants Better Credit”, which is aired on Blog Talk Radio every Tuesday & Thursday at 7:30PM-PST. Mark educates his customers through articles, videos, his blog and various credit repair kits. He graduated from Virginia Commonwealth University with a Bachelor's Degree in Criminal Justice. He also holds a paralegal diploma. He currently lives in sunny California with a beautiful wife and lovely daughter.

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Suing credit bureaus 7 tips you should know before going to court

  1. 1. Presents Suing Credit Bureaus - 7 Tips YouShould Know Before Going to Court
  2. 2. Before taking on the task of bringing a lawsuit against the credit bureau or a collection agency, there are many things you should know to be successful when you get your day in court. In this article, I will discuss 7tips you should be aware of before you file a claim in small claims court.
  3. 3. Suing credit bureaus Tip 1 What you must show during the lawsuit? You must show that you were harmed in someway due to the bureaus willful non- compliance. For example, if you were turned down for a home loan, if your interest rates on your othercredit cards went up, or if you were denied a job based on the negative marks in your report, their refusal or negligence in cooperating to remove the negative marks will have led to harmful developments.
  4. 4. Tip 2 Try to settle first? Sending a demand letter to the bureau and trying to settle your claim before going to court presents you in a very respectable light before the judge. Allow the bureau 10days to respond to your letter, and if there isno response, file a copy of the letter and the certified return receipt with the court as proof that you tried to settle. In your letter, you should ask for changes to your creditreport and for punitive damages for violating the law.
  5. 5. Suing credit bureaus Tip 3 Look for cases to support your argument You can either go to your public law library or use online legal research databases like westlaw or lexisnexis or versuslaw or jurisearch. Once you are at your public law library, ask the librarian for assistance onresearching cases similar to your argument. A legal encyclopedia is the best place to start your research because they are indexed, organized, covers a broad spectrum ofproblems, and a good source to see how cour ts responded to cases like yours.
  6. 6. Tip 4 Prepare before filing the claim?You should take a trip down to your small claims cour t and sit in on a few cases just to see the procedure. Take notes on how long it takes to present each case, type of interaction with the judge, the type of proof presented, even the appropriate manner of dress for court.
  7. 7. Suing credit bureaus Tip 5 Filing the claim?Every court has dif ferent procedures, so goonline to your small claims court and reviewtheir filing instructions. There will be a fee, which is based of f of the amount you aresuing for. This fee is due at the time of your filing. You can pay by cash, credit, debit card, money order, or cashier check. The claim can be filed in person, or at the afterhour drop box or by mail, and all documents should be typed or written clearly.
  8. 8. Tip 6 After the claim is filed? After the claim is filed, you are assigned a case number and a court date which will beset out to be heard in 90 to 120 days from the filing date.
  9. 9. Know the basis of the claim?You should have the following elements covered explicitly in your claim: * Who is your defendant? (The credit bureau, collection agency, or creditor?) * Describe the circumstances. (Whathappened?) * What law was violated? (FCRA or theFDCPA?) * What is the value of your losses? (How muchmoney did you lose?) * How were you injured? (By not being able toqualify for a loan? Through increased credit cardinterest
  10. 10. As you can see, you will have to do the leg work if you decide to pursue legal actions against the big bad agency.Now that you are empowered with more information, go out there, and take action.
  11. 11. If you are ready to say goodbye to credit rejection and debt collectors, visit hiddencreditrepairsecrets.comand sign up for the Free 8-Day E-Credit Repair Course, and claim your Free Gift-60 minute Podcast on Rebuilding Your CreditHiddencreditrepairsecrets.c om