Nationwide Foreclosure Center

Can Credit be Repaired?

Can Bad Credit be Repaired?

Yes, it can. Despite the fervent proclamations of bureaucrats and credit bureaus everywhere, a simple fact remains: negative credit listings are deleted from peoples' credit reports by the thousands each and every day.

A few years ago, an attorney from Lexington Law. visited with a regulatory agency for a casual conversation with two agents. The Agency's office, as a matter of course, believed the credit bureaus' claim that bad credit couldn't be deleted. The visiting Lexington attorney asked, "How many negative listings would you have to see deleted from consumer credit reports before you would believe that bad credit can be deleted: ten? fifty? a hundred? one thousand?" The agents responded with only blank stares.

"How about 50,000 deleted listings, would that convince you?" continued the Lexington attorney. From his briefcase he pulled a stack of papers six inches high.

"In these pages, we have listed the permanent deletion of over 50,000. listings from our clients' files in the last two years alone," he explained. The agents pulled the stack across the conference table and began to pick through the pages, taking in the massive list.

"But have you deleted any bankruptcies?" shot back one of the agents, "we know that bankruptcies can't be deleted." The Lexington attorney leaned across the table and ran his finger down the first page.

"There's one deleted bankruptcy... and, there's another,... and another,... and another. Should I go on?" asked the Lexington attorney.

The agents sat back in their chairs. "You know," began the junior agent, "I have this one listing on my credit report that simply must belong to somebody else..."

Can Bad Credit be Repaired?

Yes, it can. Despite the fervent proclamations of bureaucrats and credit bureaus everywhere, a simple fact remains: negative credit listings are deleted from peoples' credit reports by the thousands each and every day.

A few years ago, an attorney from Lexington Law. visited with a regulatory agency for a casual conversation with two agents. The Agency's office, as a matter of course, believed the credit bureaus' claim that bad credit couldn't be deleted. The visiting Lexington attorney asked, "How many negative listings would you have to see deleted from consumer credit reports before you would believe that bad credit can be deleted: ten? fifty? a hundred? one thousand?" The agents responded with only blank stares.

"How about 50,000 deleted listings, would that convince you?" continued the Lexington attorney. From his briefcase he pulled a stack of papers six inches high.

"In these pages, we have listed the permanent deletion of over 50,000. listings from our clients' files in the last two years alone," he explained. The agents pulled the stack across the conference table and began to pick through the pages, taking in the massive list.

"But have you deleted any bankruptcies?" shot back one of the agents, "we know that bankruptcies can't be deleted." The Lexington attorney leaned across the table and ran his finger down the first page.

"There's one deleted bankruptcy... and, there's another,... and another,... and another. Should I go on?" asked the Lexington attorney.

The agents sat back in their chairs. "You know," began the junior agent, "I have this one listing on my credit report that simply must belong to somebody else..."

How does a Short Sale affect my credit?

The changes tht occur in your credit rating can vary.  If you have already missed a few payments, more than likely your credit score has already dropped.  Having a bankruptcy or a foreclosure on your report is much worse than a short sale. A short sale will show as  "Paid In Full - For Less". Depending on other items on your credit report, you could see as much as a 30-50 point drop due to the short sale. It could be as low as 10 points.

It does not come close to the drop you can see when a foreclosure is recorded.  That has been known to drop credit scores as much as 300 points!

Foreclosure Assistance

We offer assistance in Loan Modification, Short Sales, Short Refi's...whatever it takes to stop your foreclosure...we can do for you!

We are a group of foreclosure and short sale specialists and we know this business! We negotiate on YOUR behalf, and represent YOUR best interest.

  Let's face it...lenders really don't care about your situation. They are not concerned with WHY you are in default...they don't care that your interest rate skyrocketed, or that you lost lost your job, or that your insurance and taxes have doubled, or that you experienced divorce, or an illness...believe me, they simply don't care.

All that they know is that you are in default. And they are going to place you in foreclosure...faster than you think.

Now, you can pick up the phone and try and get someone at your lending institution to listen to you, and to take pity on your situation, to consider a new arrangement with your loan, or to stop the foreclosure while you work out a new plan ...but we can almost guarantee that this is NOT going to happen. And if you have tried, you know exactly what we are talking about.

Lenders are receiving approximately 2000 requests for loan changes/short sale offers PER WEEK!They don't have the time, the staff, or the desire to address your situation!

You are put on hold, you leave message after message, you reach someone who will transfer you to someone else, you are asked to send in a huge pile of paperwork, they lose your paperwork, ...and finally they deny you. No loan modification, no short sale, no exceptions. And now it is too late, because the date for foreclosure has arrived.

Don't take this chance. Let someone that is an expert at stopping foreclosures work for you.

According to the help you need, there may be *NO COMMISSIONS OR MITIGATION FEES to you! We may be able to represent you *FREE OF CHARGE!

We are experts at every aspect of the foreclosure business...short sales and pre-foreclosure, loss mitigation, loan modifications, short refi's,.

We take your situation seriously, and will work on your behalf with professionalism and compassion. Our staff is available to answer your questions, and to keep you updated on the process. We understand....and most importantly, we care.

WE OFFER A *FREE, ABSOLUTELY NO OBLIGATION CONSULTATION. TAKE A MINUTE AND TALK TO US! We may be able to stop your foreclosure, FREE OF CHARGE! CALL NOW AT 941-916-2251 or email me personally at hdustin@comcast.net

*Please note: Although we may be able to represent you free of charge, there will be a $199 administrative/processing fee for all accounts accepted.

Project Lifeline

Project Lifeline was announced today by the US Treasury Department and Housing Department. ...can it help the millions of homeowners in financial crisis? Can it help you?

If you are a homeowner facing foreclosure and your mortgage is 90 days or more past due, Project Lifeline can suspend foreclosures for 30 days while lenders try to work out more affordable loans.

The plan involves six of the largest mortgage lenders including Bank of America, Citigroup Inc., Countrywide Financial Corp., JP Morgan Chase & Co., Washington Mutual Inc. and Wells Fargo & Co.

Home prices are continuing to fall nationwide, and more and more homeowners are finding themselves defaulting on their mortgage payments.

Like many subprime borrowers, many homeowners with good credit have adjustable-rate mortgages. These homeowners have been making smaller payments over the past years, and now are experiencing a higher interest rate, and a higher monthly payment.

Some borrowed against their rising equity while home prices were climbing, assuming they would be able to refinance or sell their homes before the higher payments began. But as home prices continue to drop, many homeowners nationwide now owe more than their home is worth.

To make it even more difficult, lenders have become stricter with their loan requirements, and refinancing is not always an option.

Millions of homeowners nationwide are now facing foreclosure.

Project Lifeline Assistance can help negotiate with your lender to suspend foreclosure, and work out more affordable loan terms.

Call us at 941-916-2251