Default/Court Judgement Removal
At Undefaulted we guarantee to get your credit on track or your money back! There are several cases where a default or court
judgement can be erased from your credit report, contact us if your situation fits or if you need help determining whether we can help.
It wasn't your debt - If the loan wasn't even yours, the default can be eliminated. This might occur if there is a straightforward case of
mistaken identity or if someone fraudulently applies for the loan or makes a credit purchase in your name.
The creditor did not adhere to the proper correspondence - The law compels the creditor to offer you written warnings before
recording a default on your credit report. Speak with your credit provider and get copies if you don't believe you received the written
warnings. Has your address recently changed? Your last known address is where the creditor must deliver the warning.
Hardship - You can approach your creditor for assistance if you need it if you're having debt problems. This is referred to as a "hardship
support" request. The creditor must reply to your written request for assistance with financial difficulty within two business days.
While considering your request and for 14 days after informing you of the decision, the creditor cannot list a default. If the default was
reported by the creditor before 14 days had gone, it can be taken down. You'll need to be able to prove that you genuinely asked for
help during a time of distress.
Not under your control - Natural calamities or a bank's mistake in processing a direct debit payment are examples of what can fall
under this category. You must demonstrate that you have made arrangements with the creditor to settle the past-due obligation and
provide justification for why the default was an unavoidable result of an event outside of your control.
The debt is "statute banned" since it was incurred in the past - If you haven't made any payments on a debt for a while, it may be
considered to be statute barred. For the majority of loans, this is six years, however it might vary according on the state or territory
you reside in and the type of obligation (a home loan is usually longer).
