I’m working with a client with incorrect after bankruptcy reporting and just looked up my posting about the case again. So in 9/09 they mailed out the claim forms.
UPDATE: On August 6, 2010, the Court set a briefing schedule after receipt of Settling Plaintiffs’ Submission Complying with the Court’s Order Conditionally Granting Request for Second Notice, and Alternative Notice Proposal. The parties subsequently filed documents with the Court. On October 20, 2010, the Court ordered the parties to submit supplemental briefing. These additional documents were filed with the Court on November 4, 2010. We are awaiting a decision regarding these issues and will provide an update when available.
Here’s my post from a year ago about the claims:
More important (since you can no longer file claims), some highlights of the settlement and the resulting reporting:
Various dates including the most important STATUS date for Experian:
3.3 Bankruptcy Status Dates: Defendants will implement reasonable procedures designed to prevent updating the date of last update (Date Reported, Balance Date, Date Verified or, for Experian, date of status, last reported, and balance date) to a date that is more than one month after the Discharge Date in connection with an update of any tradeline, judgment or Collection Account pursuant to the procedures in Paragraphs 3.1 or 3.2; provided, however, that this provision shall not prohibit Defendants from reporting a later date of last update to reflect that information has been received from a furnisher on a date that is more than one month after the Discharge Date, whether or not such furnisher update is accepted or rejected pursuant to the procedures set forth in Sections 3.1, 3.2 and 3.4 of this Order; provided further, however, that any such reporting of a later date of last update shall not change either the “Included in Bankruptcy” date or the “Purge Date.”
As I explained in that post, it is utterly ridiculous to allow creditors to INCORRECTLY report the status date one month after the discharge date instead of the filing date. These lawyers are such sell-outs …
My client got suckered into signing up with Stephen Snyder’s Allen Michael credit repair scam and Experian UPDATED the status date of one discharged account to 10/10 after receiving their disputes. Of course we disputed it and we’ll find out whether Experian will reject the dispute as frivolous (since Allen Michael just submitted 5 frivolous disputes) or whether they’ll investigate and hopefully fix it.
In the meantime, his Experian FICO score is SHOT.