Ft. Lauderdale Bankruptcy Attorney

The Fair Credit Reporting Act and Your Rights

Administered on a national level by the Federal Trade Commission the Fair Credit Reporting Act "promotes the accuracy, fairness and privacy of information in the files of consumer reporting agencies." It contains the guidelines governing credit reporting agencies and restricts against certain types of abuses. An accurate credit report has become a very critical part of any large purchase, and incorrect information can raise your interest rates or make it impossible to get the loan you need for a car, home or other purchase. Potential landlords could refuse to rent to you and other difficulties based upon information provided by the three credit reporting agencies. Even employers could use credit reports to judge candidates for a job. Clearly, it is critical that false, inaccurate or misleading information is not being reported. Although the law requires the information to be accurate and verified this is not always a straightforward or clear-cut task. For help many turn to the experienced Fort Lauderdale bankruptcy attorney from our firm to represent them with credit reporting disputes. Even if you have filed bankruptcy, it is extremely important that your credit report reflects the discharge of all debt that was achieved in bankruptcy, so your credit can be constantly improving.

Your Rights under the Fair Credit Reporting Act

There are many specific rights granted but some examples are:

• You have a right to be informed when your credit information has been used against you
• You cannot be denied knowledge of what is in your file
• Should information be incomplete and/or inaccurate then you have a right to dispute
• Should information prove to be incomplete, unverifiable or have inaccuracies then the agencies must see that the data is either corrected or deleted
• Outdated information cannot be reported
• Access to your file is not open and is limited to authorized parties

As consumer advocates and personal bankruptcy lawyers Christian and Lisa McCue are often called upon to assist their clients in correcting instances of unfair reporting. We know how important it is that all the information on your credit report is accurate and up-to-date. Violations of your rights could allow us to file a claim against the company that has damaged your credit unfairly.

We are advocates for consumers who are facing trouble with a credit reporting agency. Please contact a Fort Lauderdale bankruptcy lawyerfrom our firm for a consultation today.