Can Credit Repair Really Remove Chapter 7 and 13 Bankruptcies?

Hey there, Yusheeka Gray here with DIY Credit, and I want to talk to you about whether or not Credit Repair can actually remove a Chapter 7 and 13 bankruptcy from your credit report. Okay? So by the time you're done watching this video, you'll know the real answer to that question as well as have a pretty good understanding as to why.

All right, so first of all, the Fair Credit Reporting Act says that any data that's reporting on the credit report must be 100% accurate, 100% verifiable, complete and timely. Not 99.9%, but 100%. So bankruptcies are no exception to this rule. I've never seen one without information that varies from bureau to bureau, and so that's the number one indication that the item is reporting inaccurately.

In addition to that, it cannot truly be verified without someone having to walk into the courthouse and pay for a certified copy of the bankruptcy data. The bureaus are not doing that. Instead, they're subscribing to third-party data miners who are pulling this information from various sources that can or cannot be credible.

And in addition to that, I've never seen a bankruptcy report 100% complete. So that's three of the four pieces of criteria that the FCRA says it must meet, which it's not meeting. So, therefore, yes, your Chapter 7 and 13 bankruptcy. Can be removed through credit repair. I've had a Chapter 13 actually deleted myself, so I know firsthand.

So I hope this information has been helpful to you. I hope you've learned something new from this video. If there's anything that we can do to help you, please don't hesitate to reach out. To schedule a free victory consultation, please click this link or give us a call at (803) 240-8344 or (803) 784-8100.

Thank you so much for watching this video, and bye for now.