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I -- millions of Americans try to rebuild their lives have to lose in the homes were more incorrect credit reports tied to foreclosures.
In short sales are destroying americans' ability to rebuild.
Fox News legal analyst Bob -- This right now to explain Bob -- neighbor out why these reports getting -- -- What just like we saw the robo signing and all the things that lenders -- incorrectly Brian this is exactly what's happening to many Americans in the fact that.
There are ways are reporting bad credit foreclosures.
And short -- and things like this and it's a real specialty I will tell you.
In and of itself however what -- learning.
Is there are certain ways that things are supposed to be reported.
Correctly even in a foreclosure -- short sell so what are what our viewers to understand is this always had your credit report looked at.
Because even though they're entitled to report it still -- report correctly.
And not erroneously and that's very important message I wanna get out there today I -- questions we do homeowners.
-- consumers had any rights when it comes to these credit reports.
Big time rights -- the federal law was passed if you several years ago called the federal debt collection practices act which basically says look.
If in fact creditors.
-- correctly report different types of things on your credit.
They you have rights as a consumer there are federal laws in place where certain things you can be done to remove things that are reported incorrectly.
And erroneously and I want to be clear on that.
If it's correct reporting no but if it's incorrect there's actually damages under the law that will protect consumer Brian.
I see these ads all the time and is it true is there really such a thing is credit -- there in America.
If it's correct if it's something again that's a Roni is yes but there's so many scams.
Brian like you said where they're charging people a lot of money to take something off your credit.
That is there legitimately and here's a theory.
Credit bureaus Brian have a responsibility.
To report accurate credit for perspective creditors so if something's on your credit it's real and -- and reported correctly.
Very different call to have that taken off so don't get caught in these scams are they guarantee -- things part of rebuilding your dreams is to be able to -- Fix your credit.
What you can only fix those things that are reported incorrectly gotcha and bodily don't -- can always email Bob -- questions go to FOX & Friends start.
Com and click on the shattered dreams to have.
-- more exciting things you can also attend the rebuilding your -- seminar.
Posted by FOX & Friends in Tampa Florida on July 26.
So that be great will be down there over and I Treasure Island.
Yeah -- to be there on July 26 doing a rebuilding your dreams toward bribery to -- an email.
In the next few days for people could register for this seminar.
I'll be taking people from go to bed post about how to rebuild your dreams and I'm looking -- -- in Tampa Florida July 26 title be great be on stage together instead of via satellite but thanks so much Bob.
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