When Credit Bureaus Report Debts Discharged in Bankruptcy: It

And, they may have even been discharged in a federal bankruptcy proceeding. No matter. According to the BusinessWeek article, old and discharged debts alike are bundled together and sold to collection firms for pennies (or even parts of

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When Credit Bureaus Report Debts Discharged in Bankruptcy: It

Credit Bureaus Willfully Refuse to Update Reports. While this debt-collection-by-ambush can be avoided by incessant checking of one’s credit report, many people have better things to do with their time and money, especially when they

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