- The same debt should only appear as owing and collectable once on your report, no matter how many hands it goes through.
- If a debt is transferred, the balance of that debt should be transferred to the new servicer, collector, or creditor.
- After transfer the balance on the originating entity should be zeroed ($0.00) out.
- The payment history can remain on the originating entity's account, but the status should reflect that the account has been transferred.
One of the most common credit reporting errors consumers see on their credit files is duplicate reporting of a single account. There are a number of valid reasons why an account might properly appear twice on a credit report such as
- Similar account numbers, which may look like the same account.
- Transfer of accounts to another creditor.
- Student loans may be reported in multiple accounts according to the disbursement dates of funds.
- Sale of an account to a debt collector.
- Lost or stolen credit cards resulting in the closing of the original account and opening of a new account.
Remove Duplicate Entries on Your Credit Report
The most common consequence of reinserted credit information is credit damage. People who suffer from duplicate account information won't be likely to get the credit they have earned and deserve and can spend countless hours trying to correct the credit bureau's mistake. Our experience shows that once a consumer brings a lawsuit over a duplicate credit item, the credit bureau will begin to look more seriously at the issue and will resolve credit reporting errors in order to avoid a judgment.
Our attorneys sue these credit bureaus whose shoddy work harms consumers and damages their credit. Our attorneys know how to recognize duplicate reporting and have been offering service to Michigan mixed file victims for over 20 years, and we can help you restore your credit. If you need duplicate credit information permanently removed from your credit reports and your credit restored, contact us now for a free consultation.
Your Attorney's Fees Paid by the Credit Bureaus
Federal law provides reinsertion victims with the right to attorney's fees for restoring their credit and fighting the credit bureaus. If you have previously deleted credit reappearing on your credit report, your fees are paid by the other side, and we charge nothing unless we can get a recover for you. Your initial consultation is free. Call (888) 400-CREDIT | (888) 400-2733 or contact us through this site. In Michigan, you can reach our office at (248) 208-8864.
Follow Up and Monitoring
After your case is done, we will help you to regularly check and monitor your credit report, with free annual review of your credit reports to insure that you stay free of duplicate account information. We will help make sure that your credit file remains free from the deleted information. Contact us today or call (888) 400-CREDIT | (888) 400-2733. In Michigan, you can reach our office at (248) 208-8864.
You may have a case under the Fair Credit Reporting Act if you notice the following things on your background report:
- Fraudulent identity theft accounts on your credit credit report.
- Someone else's Information on your credit report.
- Paid accounts still showing a balance due.
- Reporting your accounts in good standing as charged off or in collections.
- Discharged debts still reporting as owed.
- Paid tax lies showing as still owed.
- Derogatory accounts more than 7 years old still on your report.
- Previously deleted accounts that have been reinserted on your report.
- Duplicate reporting of the same account.
If you would like help with one of these problems, call (888) 400-CREDIT | (888) 400-2733 or contact us through this site.
Work with a Credit Report Lawyer in Michigan
If you have duplicate credit account appear in your credit report or credit file, our firm can help. For more than 20 years, the law firm of Lyngklip & Associates has represented reinserted credit victims and been a resource for Michigan consumers who need the help of an experience credit report attorney.
To learn more or to schedule a free initial consultation with a Michigan credit reporting lawyer,call (888) 400-CREDIT | (888) 400-2733 or contact us through this site. In Michigan, you can reach our office at (248) 208-8864.