It’s very difficult to remove a repossession from your credit report but it can be done. Record keeping and education are your keys to success.
Dispute the Judgment
Just like any other derogatory item on your credit report you can dispute a repossession. You will ask the three major credit bureaus in writing and via certified mail to verify the judgment. The bureaus have 30 days to investigate the item and respond to you. It is your legal right to request documentation to support the way items in your credit report are reported. Oftentimes, the entity that reported the repossession does not respond to the bureaus’ in a timely manner leaving Equifax, Experian and Trans Union no choice but to delete the repossession from your credit report.
Fair Credit Laws
Every state has a statute of limitations regarding how long certain items can be reported on your credit report. There is a chance the repossession is not legally allowed to remain on your credit report. Find out the statute of limitations in your state for collection accounts and repossessions and make sure the credit bureaus are not violating your rights. If they are, send a certified letter to each bureau asking them to remove the item from your credit report. There are both state and federal laws relating to repossession. Take the time to educate yourself on the current laws in your state. You want to make sure you are exhausting all available avenues to fix your credit.
Having property repossessed can be a very humiliating experience and talking about it with a stranger probably sounds very daunting but the people at Lexington Law know that having a repossession on your credit report does not make you a bad person! They are available to protect your rights and defend you in court.
The people at Lexington Law Office know that having a repossession on your credit report does not make you a bad person! They are available to protect your rights and clean your credit.
I originally thought that I could beat my bad credit problems myself, but I soon discovered that handling the credit bureaus was more difficult than I had suspected. To make matters worse, I had multiple collection agencies reporting inaccuracies on my credit report. I did not want to have these stressful credit issues forever so I got in touch with the Lexington Law Firm and they quickly began repairing my credit history.
I really gained a lot of benefits from their expertise as they untangled my credit problems easily. It was so invigorating to get letters informing me that bad credit items were erased from my credit report. After Lexington Law's hard work, my credit score improved from 588 to 729.
Displayed below is how the Old Repo that appeared on my Credit before It was Removed:
Auto Repo on my Credit Report 
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Here is the Deletion Letter i received after my Credit was Corrected:
Here is The Letter Stating that the Repo was Removed From my Credit Report 
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My credit score increased once Lexington Law deleted the inaccurate and unverifiable bad items from my credit history. In just a few quick months my credit score went from 588 to 729! Lexington Law deleted other kinds of bad credit including multiple charge offs, and collections.
Here is a chart which shows the progress of my credit score improving:
Credit Score Chart  |
I would highly recommend the Lexington Law Firm to anyone with a negative credit situation on their conscious. They have a ton of experience repairing credit reports and have removed questionable items like foreclosure, bankruptcy, judgments, collections, charge offs, repossessions, late payments and more.
