Webinar: Disgruntled Debtors: How to Deal with Nuisance Disputes of Negative Credit Bureau Reports

Hosted by: Compliance Council

Date: Wednesday, July 11, 2018
Time: 10:00 a.m. - 11:30 a.m. CST

Register

The scenario is an unsurprisingly common one for lenders and credit reporting agencies. A debtor defaults on a loan or other financial obligation to a credit union, which in turn makes a derogatory report to credit reporting agencies. What happens when a consumer doesn’t like what she sees on her file?

As might be expected, there are also thousands of advertisements for “fast credit repair”. These companies typically offer to raise a consumer’s credit score by hundreds of points in short periods of time for a low cost.

Many times, the solution is to bombard credit reporting agencies with letter upon letter “disputing” their credit score. What’s a weary creditor to do?

Cost

Compliance Council Members: $25
Non-Compliance Council Members:
(includes 2018 Compliance Council Membership)
$50

Presenter - Frank Drake, Smith Debnam Narron Drake Saintsing & Myers, LLP

Frank DrakeFranklin Drake has been a partner in the Raleigh, North Carolina law firm of Smith Debnam Narron Drake Saintsing & Myers since 1994, following a sixteen year practice specializing in creditor's rights, bankruptcy, and repossession law in Louisville, Kentucky. He has practiced in North Carolina, Kentucky, West Virginia and the federal courts of southern Indiana. For the last 30 years, he has lectured regularly at practical training courses, bankruptcy and regulatory compliance programs and webinars. Mr. Drake graduated from the University of North Carolina in 1975 with a B.A. with honors and with his law degree in 1978.
   

For questions about this webinar or the council program, please contact Cristina Martinez at cmartinez@cornerstoneleague.coop or 800-442-5762 ext. 6403.