Repairing Your Credit

Some of you might remember that I had a representative of the law firm of Paul Krasker on The Neil Garfield Show,  which airs on Thursday nights at 6 PM for 30 minutes. Krasker has taken a disciplined niche approach to the foreclosure problem and I think his firm has done a very good job of it.

While lots of lawyers might know a few things about litigating, few understand what is actually required to repair credit, modify a mortgage, or settle with a short-sale. Krasker, using the business plan I always recommend to everyone, went where very few other people have gone and now operates assisting people in all 50 states. He also is ramping up to provide support to attorneys in all phases of representation of clients in foreclosure or mortgage trouble. I have been to his offices several times and it is a smooth running operation where the people actually care about what happens to the homeowner.

Because I am one of the lawyers who does not know the logistics for some of the issues presented to homeowners, I asked him to have one of his lay administrators prepare a blog article on credit restoration, to start the conversation with my readers. Da’Vid Abellard is a bright, energetic, creative individual who has aspirations of becoming a lawyer. He wrote the following blog at my request, with some of my editing and comments:

Credit Brain: Smart Solutions for Credit Restoration

Most people believe that as long as they pay their bills on time, every month, they will easily qualify for home loans, car loans, credit cards, and other personal loans. Many are unaware that at some point it is very likely that their credit report will contain incorrect information. Most individuals do not discover this until they are denied funding for a loan.

 Editor’s Note: And most people don’t even think about credit restoration when the servicer proposes a settlement or modification because they are so emotionally torn up, the only thing they can think about is keeping their house. Credit restoration should be part of any modification or settlement deal.

And  there should be a court order approving the settlement and setting forth the status of the parties on record, so that the order can be recorded in the public records and the homeowner won’t need to quiet title later if they want to sell or refinance their home.

Navigating the credit process and reading a credit report can be complicated. There are many details regarding credit of which the average individual is not aware. Additionally, the incorrect reporting that occurs on many credit reports can cause individuals to be denied loans that they actually should be qualified for.

Credit Brain, LLC is a company founded and dedicated to the repair and restoration of credit in a smart and efficient way. Often, a credit report can be a puzzle and restoring one’s credit can feel like attempting to solve some sort of a riddle. Credit Brain professionals provide solutions for those who need credit restoration. Through extensive research and industry knowledge, the brainiacs at Credit Brain provide tangible solutions and improvements to one’s credit rating if inaccuracies exist on the report. The professionals can also provide guidance on how to restore credit that has been damaged by foreclosures, bankruptcies, and late payments. Credit Brain’s unique approach and seasoned professionals create success for those with damaged credit.
David Abellard at The Law Office of Paul A. Krasker, P.A.
Office: 561.328.2268,

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