How to Hire the Right Credit Repair Attorney
Fixing a bad credit report is not a pleasant experience. There are basically two ways of going about the credit repair process.
First, you can do it yourself. Second, you can hire a credit attorney. For all you “do-it-yourselfers” it is mighty tempting to try it on your own. After all, it is much cheaper, right?
Unfortunately you may discover that repairing bad credit is one of those projects that only appears easy. There is so much to the process including legal research and writing, which is challenging even for credit lawyers at times.
If you find legal statutes difficult to read and interpret, then you may struggle through trying to understand what the Federal Government is saying in the credit laws. Even if you do get through all the legal jargon, you will no doubt wasted a few good Saturdays at the library.
Assuming you are able to understand the case law and statutes, then you have to move onto the more important part of credit repair. The next step is to write a coherent and compelling dispute letter. You will need to cite the applicable case law and disputed items.
For example, the credit bureaus are trained to be on the lookout for those people trying do it yourself credit repair. They can easily spot the dispute letters written by amateurs. This can be a problem since credit bureaus are infamous for ignoring badly written dispute letters.
Next, you need to travel to the nearest post office and stand in line so that your letters are all certified. This is time consuming and quite costly. If you send three letters for each round of disputes, you are looking at paying about ten dollars per dispute.
Plus, mailing out a letter via certified receipt is an all consuming process. Wouldn’t you prefer to spend that time planning a vacation or relaxing during your lunch break at work?
Disputing your credit without the help of an attorney takes a great deal of organization. Assuming you are trying to remove more than a single bad credit item, you will have to stay on top of the progress of your case. To make sure the bureaus or creditors did not ignore your dispute, you will need to create a spreadsheet to track the results of each dispute and negotiation.
As you can see credit repair is not a fun experience. There are so many better and more efficient uses of your time. Plus, it is difficult to learn and apply complex legal statutes and case law to your unique credit experience.