Legal Question in Bankruptcy in Georgia

Credit reporting

Following a recent bankruptcy I have been doing a lot of work to clean up my credit reports. One of the negative entries is from a company that has been been bankrupt since 2001. Each time I dispute the data, the credit bureaus claim they are verifying the information through their electronic processes with this creditor, how can this be if the company itself is gone? What can I do to call their bluff?


Asked on 1/16/06, 10:42 am

1 Answer from Attorneys
Scott Riddle Law Office of Scott B. Riddle, LLC

Re: Credit reporting

The fact that a creditor may no longer be in business (through bankruptcy or otherwise) does not mean its existence and history are wiped away. Often, their accounts are sold to a collector, or someone is still collecting for the closed business. In short, the records just do not disappear.

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Answered on 1/16/06, 10:52 am


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