Bad Credit Rating Removal Case Study
Client Profile:
| Name: | Leanne* |
| State: | QLD |
| Sex: | Female |
| Age: | 49 |
| Married/Single: | Single |
| Listing Type: | Default |
| Original Creditor: | Panthera Finance |
| Current Creditor: | – |
| Paid / Unpaid: | Unpaid |
| Listing Amount: | $20,328 |
| Commenced work: | 17/04/2018 |
| Default Resolution: | 15/06/2018 |
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Credit Repair Background:
Leanne suffered Clinical Depression and extreme anxiety for over 13 years. She had a major breakdown in 2004 and eventually ceased work and made an Income Protection / Sickness benefits with MLC. They paid only 60% of her income. By this time, Leanne was already in debt, in an extremely bad & abusive marriage, two baby boys who she was raising on her own and not coping with day to day life.
What were any challenges with the creditor?
Panthera Finance refused to remove the default at the time of the investigation.
Why was the listing removed?
Panthera Finance agreed to remove the default because the notices were sent to a PO Box and they decided that this is not as reliable as a home address. The grounds raised by our Law Firm were incorrect last known address, hardship, consent to disclose to a CRB and compassionate grounds.
Summary:
Leanne 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 depression and Leanne lost her house, her marriage broke down and she lost her brother and father within these years which made things so much worse. MyCRA Lawyers negotiated the successful removal of her bad credit default listing in 59 days. Leanne* can now move forward financially. Congratulations Leanne and good luck!
Leanne’s* name has been changed to protect privacy
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