Bad Credit Rating Removal Case Study
Client Profile:
| Name: | John* |
| State: | VIC |
| Sex: | Male |
| Age: | 54 |
| Married/Single: | Married |
| Listing Type: | Commercial Default |
| Original Creditor: | Coates Hire |
| Current Creditor: | – |
| Paid / Unpaid: | Paid |
| Listing Amount: | $12,046 |
| Commenced work: | 12/01/2018 |
| Default Resolution: | 25/05/2018 |
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Credit Repair Background:
John and his company were forced into voluntary liquidation as a company that owed them money were not able to pay their contract sum of $2.4 million.
What were any challenges with the creditor?
Coates Hire refused to remove the listing at the time of the investigation.
Why was the listing removed?
MyCRA Lawyers lodged a complaint with the OAIC. The issues raised in the OAIC complaint were that there was no proof that Coates Hire had John’s consent to disclose his information to a CRB and that the 21D notice said may instead of will, intends or some other mandatory terminology. Coates Hire then agreed to remove the default on a no prejudice, non admission basis.
Summary:
John engaged MyCRA Lawyers to investigate the likelihood of removal of a commercial default listing on his credit file. The listing was the direct result of the time John’s company went into liquidation. John only discovered the bad credit default listing when he applied for credit card and got declined. MyCRA Lawyers negotiated the successful removal of his bad credit default listing in 133 days. John* can now move forward financially. Congratulations John and good luck!
John’s* name has been changed to protect privacy
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