Month: February 2009

Writing a Bankruptcy Explanation Letter

Reader’s Question I am trying to pre-qualify for a home mortgage loan. I filed a chapter 7 bankruptcy back in 2001. The underwriter wants a letter to explain the bankruptcy, what is the best way to write it? Some say to write hardship due to job loss, but …

Removing Duplicates From Credit Report

Reader’s Question Hello, I have been trying to find out if I can remove one of two duplicate accounts on my credit report. Specifically, I have one negative entry from the original creditor who transferred the account to another agency. Then there is another negative entry for the …