What happens if I dispute a debt with the credit bureau?

If you dispute a debt with a credit bureau in Washington, they are required by law to investigate your dispute. The credit bureau must then update their records with the new information that they found during the investigation. If the credit bureau agrees with your dispute, they must then notify all three major credit bureaus to make sure that your credit report is updated correctly. The credit bureau must also send a letter to the creditor letting them know that you have disputed the debt. The creditor is then obligated to respond to the credit bureau with proof that the debt is valid. If they fail to do so, the debt is removed from your credit report and may no longer be considered by other lenders or creditors. Additionally, the creditor cannot continue to pursue collection and you cannot be sued for the debt or have any negative or derogatory marks on your credit report. It is important to remember that disputing a debt with the credit bureau does not mean the debt will be forgiven or dismissed. The process of disputing the debt is simply a way to make sure that the correct information is on your credit report. It is also important to keep in mind that the credit bureau may not agree with your dispute and you may still need to negotiate with the creditor or take legal action to resolve the debt.

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What happens if I dispute a debt with the credit bureau?

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