Company debt removed from personal credit report
The very act of listing an old debt on a credit report can compel some people to pay the debt to keep their report clean and their FICO score high. That is legal. However, sometimes company debts or debts owed by others are wrongly reported on credit reports and should be removed. Harmony Law recently litigated a case where a debt owed by another was being reported on a consumer's credit report. The debt collector ignored all attempts by the consumer to have the debt removed. After litigation was initiated, the debt collector removed the debt from the consumer's credit report. Since it was a potential violation of the Fair Credit Reporting Act, there was no cost to the consumer.