If you have recently been denied a Bank account, chances are you are being reported by ChexSystems.  The ChexSystems, Inc. network is comprised of member Financial Institutions that regularly contribute information on mishandled checking and savings accounts to a central location. ChexSystems shares this information among member institutions to help them assess the risk of opening new accounts. ChexSystems only shares information with the member institutions and does not decide on new account openings.

Once discharge is entered and you are on your way to starting your financial fresh start, you need to regularly check your credit report. In a recent report, the Federal Trade Commission (“FTC”) found that one in four people who participated in the survey spotted errors on their credit reports that might adversely affect their credit scores. A credit report includes information about where you live, how you pay your bills, and whether you’ve been sued or arrested or have filed for bankruptcy. Creditors, insurers, employers and others use that information when they consider your applications for credit, insurance, employment, or

  Identity theft happens when someone steals your personal information and uses it without your permission. It is a serious crime that can wreak havoc on your finances and credit history. If you have unfamiliar accounts or charges on your credit report, you may be a victim of identity theft. If your identity is stolen, you need to immediately: (1) place an initial fraud alert with all three credit reporting bureaus, Transunion, Equifax and Experian.  (2) Order your credit report and review for unfamiliar or unauthorized accounts (3) Create an identity theft report by submitting a complaint to the Federal

Receive $5000 to $30,000 in a Short Sale from Bank of America? At Doan Law, we have advocated short sales for all our clients intending on surrenduring their property.  We have identified 10 reasons for this which can be found on our website.   And now there is an 11th reason.  If your lender is Bank of American, you may qualify for $5000 to $30,000 in relocation assistance in conjunction with a short sale.   For more information on this, please contact us and we will put you in contact with our Short Sale Expert, Alan Shafran. Here is the

Unlike other firms, our representation does not terminate upon discharge.  Rather, not only do we want to make sure that your creditors never contact you again, but also that your credit scores start improving. Although a Chapter 7 or Chapter 13 Bankruptcy may remain on your credit report for 10 years, that does not mean you cannot have excellent credit much sooner.  In fact, you can generally have GREAT CREDIT in 1 to 2 years! Once your case is over, we start the Credit Report Cleaning Process.  In most cases, the Bankruptcy will instantly improve your credit and increase your credit score.  Yes, in 80% of the cases

So many people think that after Bankruptcy, their credit is forever ruined and they will never get a credit card again. Nothing could be further form the truth.  In fact, many creditors actively solicit discharged debtors for credit cards again.  For example, each day the Carlsbad office receives numerous letters from Capitol One on recent discharges.  The typical offer states,   “You’re working to get back on track–trying to stay on top of your bills and monitoring your finances.  Apply today to enjoy the advantages of this Capitol One Platinum MasterCard offer: * No Annual Fee * 0% Intro APR