Removing Public Records From Your Credit File

June 28, 2010 by  
Filed under Episodes

Public Records Dispute

Removing Public Records from your credit report

A few months ago, someone commented that I was wrong about a particular fact about foreclosure proceedings.  I said that they didn’t appear on your credit file if the foreclosure never closed  and the commenter argued that I was incorrect.  It turns out I was wrong — sort of.  Sometimes a foreclosure proceeding is reported as soon as the proceedings start and that’s what appears on your file.   You can dispute this by doing the normal credit report dispute process — right away.

Public access records will indicate any civil and or criminal litigation. As the bank started proceedings, it was set on the court calendar for hearing, assigned a case number which opens a record file under your name regardless of the out come, verdict or settlement prior to the hearing.

The natural way to dispute this is via the credit report dispute process.    Here are other things you can think about, which will help fortify your chances of getting the item removed from your credit report.

Getting the record dismissed.

Go to your county courthouse and get a copy of your cases dismissal. If one was not filed by your old mortgage company, get them to file it. (They are obligated to dismiss the case after they’ve received payment).  If you get the case dismissed, then you have a high probability that when you file a dispute, the bank will have have to verify that the case has been dismissed.

Getting the record sealed

You are eligible to have your records sealed only if:

  • You were not charged
  • The case against you was completely dismissed
  • You were acquitted of all charges
  • FYI, no criminal justice information involving a conviction may be sealed

You may want to enlist a lawyer with any of this, but often times you can do this on your own.

Success: One Definition

February 7, 2010 by  
Filed under Episodes

I saw Matt Cheney’s post on this subject and felt compelled to offer up my own thoughts to those looking to climb out of debt. This TED video from Alain de Botton addresses the definition of success.  Here are some of his highlights.

  • One reason the notion of success is fractured is that we are surrounded by snobs.  Job snobbery is the biggest issue.
  • We are not materialistic,  we don’t want the goods, we want the rewards of those goods.
  • Never before has the expectation been so high and we believe that anyone can achieve everything they want.
  • Envy is the issue.  We don’t envy people we don’t relate to, but we do envy the people close to us.
  • Self helps books.  Two kinds. 1.  You can do it  2.  Coping with low self esteem.
  • Another reason is meritocracy.  It’s a great concept, yes, but it’s unachievable.  Beautiful idea,  but, you also believe that people who arrive at the bottom deserve to be at the bottom and this is crushing.  This leads to more suicides.  They own their success, but they own their failures.
  • Relief:  meritocracy is insane, an impossible dream.  Too many random factors like illness bring people down who should succeed.  Don’t judge people for their success.
  • Newspapers only report the failures.
  • One alternative.  Tragedy is an art form to show how people fail and this makes people feel better.
  • In modern society, we don’t have something we worship, so we worship ourselves.  One alternative is to worship nature.
  • You can’t be successful at everything.
  • Our ideas for success aren’t our own.  Don’t give up on the notion of success.  Just make the ideas for success our own.

My takeaways.

  • Write down your own version of success.
  • Evaluate the material good relationships you have, do they give you the rewards?
  • Stop letting expectations rise too high
  • Understand that a meritocracy is not perfect, nor should it be.
  • Find a way to be grateful each and every day.

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