Christian Debt Recovery

Debt Collection Improvement Act Regulations

October 31st, 2009 |

Author: Gavin

Reporting Bad Debt to the Credit Bureaus

Credit reports are maintained and sold by credit reporting agencies. The three most common credit reporting agencies are: TransUnion, Equifax, and Experian. The credit report contains information about debts owed and credit payment history as well as inquiries made during application for retail credit, many types of insurance, some employment situations and rental leases. Judgments, liens and bankruptcies are also included in each person’s personal credit file. Reporting losses to the “big three” credit bureaus is usually the first step taken in recovering bad debt. Many credit agencies can provide property managers with credit reports but not all can report bad debt. If you plan to pursue debts owed to you in addition to screening potential renters Landlord2Landlord is a good solution for you.

Landlord2Landlord is a credit-reporting agency that provides our members the ability to report ex-resident’s bad debts to all three major Credit Bureaus. Even if a member is limited (by office location) and can only receive credit reports from one agency they can still report debts owed to the “big three” using Landlord2Landlords online reporting system. Available throughout the United States, L2L’s credit reporting services use Internet-based information technology to enhance the credit reporting process. L2L provides members with credit reporting templates (just fill in the blanks) that are easy to use for reporting past rental history to other Landlord2Landlord members and bad debts to Transunion, Equifax, and Experian credit bureaus. Using Landlord2Landlord credit-reporting services ensures your accounts stay active while in pursuit of collecting your money and staying in compliance with the Fair Credit Reporting Act (FCRA) rules and regulations. L2L’s highly trained industry experts are always available to assist you with reporting your bad debt owed to Equifax, Experian, and TransUnion.

Landlord2Landlord has an 18-year history of delivering to property owners, property management companies, and apartment complexes accurate, timely and secure resident screening reports that include credit, criminal, and eviction background information. L2L employs powerful, internet browser-based platforms that continue to set the standard in the industry. Thousands of satisfied members nationwide make Landlord2Landlord the industry’s most dependable and trusted credit reporting service provider. Superior customer service and advanced technologies drive L2L’s solid growth. Join L2L today and start collecting on those bad debts owed to you while screening your new residents and improving your community by only accepting truly qualified applicants. Landlord2Landlord is a pay as you go service, so you only pay for the reports and services you use. There are no monthly minimums or monthly membership dues whatsoever.

About the Author

Thank’s for reading,

Chad Gross

www.landlord2landlord.com

Landlord2Landlord is a national resident screening provider. Join our ever expanding group of members at www.landlord2landlord.com and start screenig your future residents with our online credit and criminal searches.

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This digital document is an article from The Tax Adviser, published by American Institute of CPA’s on January 1, 2010. The length of the article is 768 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Pratical advice on current issu…

COD information reporting rules finalized. (cancellation of debt): An article from: The Tax Adviser

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This digital document is an article from The Tax Adviser, published by American Institute of CPA’s on November 1, 2009. The length of the article is 397 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: COD information reporting rule…