Three companies, Equifax, Trans Union and Experian, monitor individual credit, and a 2004 study revealed that a quarter of all reports had errors that could lead to a credit denial. Experts suggest obtaining your individual report from all three agencies before you apply for credit, especially if you are in financial hardship.

Copy Of Credit Report

Consumers are allowed one free copy of their report each year (annualcreditreport.com), and if you find an error, the Fair Credit Reporting Act stipulates that an individual can challenge what he or she believes is false information. The Federal Trade Commission suggests that when you discover an error, notify the credit agency in writing of the inaccuracy and include copies of documents that verify your dispute. Send the letter by certified mail and wait 30 days for a reply. There is no charge to challenge your report, and if you are right, the false information should be removed, which will often improve your credit score and could help you out of your financial difficulties.

Recover From Financial Hardship

If you encounter difficulties correcting an inaccuracy in your credit report or have questions regarding what options may be the best for you, speak to an attorney knowledgeable in debt related issues. Financial difficulties can be stressful and complex to navigate on your own. With the assistance of a lawyer, you can learn more about your options for relief from debt and help get yourself back on the road to recovery.  Sue a collection agency or debt collector that violates the law.

Credit Report A Mess? You Are Not Alone

In the midst of financial turmoil, it’s vital to equip oneself with accurate information and reliable resources. For instance, understanding how debt-to-payoff balances work can be beneficial. Thankfully, Debt Advisors is here to assist, offering a plethora of valuable insights, from their Wisconsin bankruptcy blog to crucial tips like online shopping safety. Equally important is staying alert and informed about possible threats, such as the consumer money scam targeting bankruptcy filers, ensuring that one remains both financially and digitally protected.

Each year millions of Americans fall into financial hardship. Whether it’s a global pandemic, the loss of a job, increased bills, or debts from related emergencies, financial hardship creates stress and can affect your life for years to come. Trying to dig your way out can sometimes be impossible. If you have fallen into financial hardship, don’t let the options become daunting or confusing. For those in the Sheboygan area, Sheboygan Debt Advisors can be a valuable resource. Start here to recover from debt and begin to regain credit. Their expertise and guidance can provide the necessary support to navigate these challenging times.

Learn about bankruptcy protections, types of bankruptcy, how to get started, what to expect, and who to trust. Filing bankruptcy is the ONLY way to completely eliminate debt. If bankruptcy is right for you, it offers powerful protections that cannot be achieved through alternative solutions such as hardship relief, loans, or debt settlement.

  • Exceptional service. The entire team was friendly and knowledgeable. The attorney took his time to walk me through step by step. I will recommend this law office to anyone!

    J Burks

  • I went through Debt Advisors as a referral by a friend. I am very happy I did so. The staff that I worked with were very helpful and showed a high level of professionalism. They were always able to answer any questions that I had. I was very happy with the attorney that I worked with, Michael Georg. Very professional.

    Terri Grote

  • Attorney Chad Schomburg and Debt Advisors helped me with my debt about three years ago. Chad explained the process to me and answered any questions I had, and the assistants compiled my documentation very efficiently while keeping my case moving forward. They were always available when I needed them, and even years later, I’m able to reach out to them, and they are willing to help. They have turned my life around 100%, and I could not have done it without them! Absolutely recommended!

    Tim Harris

  • They were there for my family from day 1 until the end, 5 years later (Ch. 13). Whenever I had questions or concerns they were always very responsive and gave me excellent advice. Michael and Jeremy are both exceptional bankruptcy attorneys. I highly recommend Debt Advisors.

    Steve

  • After I had to go on disability, I used my credit cards a lot more thinking I could pay them off when I was able to go back to work. That didn’t happen and I found myself so much worse off than I could handle. I went to Debt Advisors feeling terrible about what I had to do. Chad and everyone there were very understanding and put my mind at ease while taking such great care of me. They were there every step of the way and supported me when I was “freaking out”!! Every time I needed to contact them; their response time was amazing!! God forbid I ever need to go through this again, but I know where to turn if I need help! Debt Advisors are more than just filing bankruptcy on my behalf. They really care about what you are going through!! Thank you, Chad, Jeremy, Mike, and everyone at Debt Advisors!! I cannot tell you enough how much I appreciate all of you!! J Hammond

    Steve

  • After I had to go on disability, I used my credit cards a lot more thinking I could pay them off when I was able to go back to work. That didn’t happen and I found myself so much worse off than I could handle. I went to Debt Advisors feeling terrible about what I had to do. Chad and everyone there were very understanding and put my mind at ease while taking such great care of me. They were there every step of the way and supported me when I was “freaking out”!! Every time I needed to contact them; their response time was amazing!! God forbid I ever need to go through this again, but I know where to turn if I need help! Debt Advisors are more than just filing bankruptcy on my behalf. They really care about what you are going through!! Thank you, Chad, Jeremy, Mike, and everyone at Debt Advisors!! I cannot tell you enough how much I appreciate all of you!! J Hammond

    J Hammond

  • Chad Schomburg and his Staff did a phenomenal job for me and in an expeditious manner. I’ve recommend countless clients to Chad Schomburg, Wow!!! Outstanding customer service from the Schomburg office:)

    Lisa Williamson