Tips on Selecting a Credit Repair Attorney
1:16 AM
Fixing your broken credit is about as enjoyable as cleaning out your sewer lines weeding a briar patch. However, once you finally decide you've suffered enough and want to repair your credit, you have a couple of choices.
First, you can do it yourself. Second, you can hire a credit attorney. For all you "do-it-yourselfers" it is mighty tempting to try it on your own. After all, it is much cheaper, right?
Perhaps not. If you are trying to avoid hiring a credit attorney you are probably not considering the real expense, both in resources and time, of attempting to repair your credit yourself. First of all, to be effective youll need to research and understand your legal rights. There are state and federal laws which apply, notably the Fair Credit Reporting Act (FCRA).
If you are not the kind of person who likes to do legal research in your free time, or don't have patience for translating wordy statutes and confusing case precedent, then this might not be for you. But if you are determined enough to plow through the stacks of law books, then you should expect to spend at least a a few Saturday afternoons researching applicable credit laws.
Assuming you make it through the case law and statutes with your sanity intact, then you have to move onto the more involved portion. The next step is to write a coherent and compelling dispute letter. You will need to cite the applicable case law and disputed items.
For example, the credit bureaus are trained to be on the lookout for those people trying do it yourself credit repair. They can easily spot the dispute letters written by amateurs. This can be a problem since credit bureaus are infamous for ignoring badly written dispute letters.
Even if you are a good writer, you probably are not going to enjoy standing in line at the post office. To ensure your dispute receives a proper investigation, you will need to mail the letter via United States Certified Mail.
Plus, mailing out a letter via certified receipt is an all consuming process. Wouldn't you prefer to spend that time planning a vacation or relaxing during your lunch break at work?
Disputing bad credit on your own also requires an organized office and a strategic plan. For starters you will need a spreadsheet to track the progress of each disputed item. Plus, you will need to give yourself reminders in the event the bureaus or creditors have allowed the proper investigation period to lapse.
Does this sound like fun? Do it yourself credit repair is overwhelming and intimidating especially if you are not highly motivated to learn the federal credit laws. So, unless you are dedicated to becoming an expert in the federal statutes, the issue is not can you afford to hire a credit repair attorney, but rather can you afford NOT to seek help from an affordable qualified attorney.
First, you can do it yourself. Second, you can hire a credit attorney. For all you "do-it-yourselfers" it is mighty tempting to try it on your own. After all, it is much cheaper, right?
Perhaps not. If you are trying to avoid hiring a credit attorney you are probably not considering the real expense, both in resources and time, of attempting to repair your credit yourself. First of all, to be effective youll need to research and understand your legal rights. There are state and federal laws which apply, notably the Fair Credit Reporting Act (FCRA).
If you are not the kind of person who likes to do legal research in your free time, or don't have patience for translating wordy statutes and confusing case precedent, then this might not be for you. But if you are determined enough to plow through the stacks of law books, then you should expect to spend at least a a few Saturday afternoons researching applicable credit laws.
Assuming you make it through the case law and statutes with your sanity intact, then you have to move onto the more involved portion. The next step is to write a coherent and compelling dispute letter. You will need to cite the applicable case law and disputed items.
For example, the credit bureaus are trained to be on the lookout for those people trying do it yourself credit repair. They can easily spot the dispute letters written by amateurs. This can be a problem since credit bureaus are infamous for ignoring badly written dispute letters.
Even if you are a good writer, you probably are not going to enjoy standing in line at the post office. To ensure your dispute receives a proper investigation, you will need to mail the letter via United States Certified Mail.
Plus, mailing out a letter via certified receipt is an all consuming process. Wouldn't you prefer to spend that time planning a vacation or relaxing during your lunch break at work?
Disputing bad credit on your own also requires an organized office and a strategic plan. For starters you will need a spreadsheet to track the progress of each disputed item. Plus, you will need to give yourself reminders in the event the bureaus or creditors have allowed the proper investigation period to lapse.
Does this sound like fun? Do it yourself credit repair is overwhelming and intimidating especially if you are not highly motivated to learn the federal credit laws. So, unless you are dedicated to becoming an expert in the federal statutes, the issue is not can you afford to hire a credit repair attorney, but rather can you afford NOT to seek help from an affordable qualified attorney.
About the Author:
Learn the secrets to erase bad credit, increasing your fico score, and getting approved for the car of your dreams. Tips, advice, and real life experiences on avoiding credit repairscams, crooks, and con artists. Learn the truth about finding the right credit law firm.
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