Bad Credit Rating Removal Case Study

Client Profile:

Credit Repair Background:
Elaine’s marriage had broken down in 2008. She was in emotional turmoil as her ex-husband was very manipulative and emotionally abusive, so Elaine felt she had no option but to escape. In an effort to escape and protect herself, Elaine moved to Bali in 2010. Her ex-husband remained at their home and they divorced in 2011.

Elaine resigned as a director of the company and she and her ex-husband had an amicable financial arrangement. Her ex-husband took control of the business and he was then to pay all the bills including Elaine’s personal accounts. The debt remaining on the Westpac credit card was a balance of a business payment made to taxation and it was agreed that her ex-husband would pay that from the business account as the debt was incurred by the business.

What were any challenges with the creditor?
The creditor responded to our Law Firm requests in a timely manner.

Why was the listing removed?
MyCRA Lawyers drafted a correction request based on compassionate/good faith grounds. Lion Finance agreed to removal on a no prejudice basis.

Summary:
Elaine and her new husband want to buy a house and they engaged MyCRA Lawyers to investigate the likelihood of removal of a default listing on her credit file. The listing was the direct result of the time she suffered hardship and emotional abuse from her ex-husband. Elaine only discovered the bad credit default listing when she applied for finance and was declined. MyCRA Lawyers negotiated the successful removal of her bad credit default listing in 25 days. Elaine* can now confidently apply for home loan. Congratulations Elaine and good luck!

Elaine’s* name has been changed to protect privacy

Call MyCRA Lawyers today if you’re struggling with your bad credit rating and you need MyCRA Lawyers to help you get it removed fast. Call 1300 667 218