Australia's #1 for Law

Join 11,000+ Australians. Ask a question, respond to a question and better understand the law today!

GE Capital Court Judgement and Credit Repair?

Discussion in 'Debt and Bankruptcy Law Forum' started by tomskeez, 27 February 2015.

  1. tomskeez

    tomskeez Member

    Joined:
    27 February 2015
    Messages:
    3
    Likes Received:
    0
    Hi,

    I recently went for a loan and was knocked back due to a court judgement in 2012 with GE Capital.

    I spoke to a credit repair agency they informed me that GE Capital have a policy in which they do NOT sign any documentation to set aside judgements.

    The issue I have here is that once I received the letter in the mail threatening to take me to court we came to an agreement that I would make a payment and set up a payment plan and they would cease all legal action.

    And it turns out that not only did they get my payment and the payment plan but they decided to continue legal action and as such I am in this situation now.The debt has been paid for years now but is still showing no status or date paid on my credit file also.

    Do I have any grounds to get GE Capital to remove this from my credit file all together since they did not keep their end of the agreement? Unfortunately I do not have the agreement in writing as it was over the phone, however if "all phone calls are recorded" like they say, or even notes on my account they should see what they agreed to.

    If there is nothing I can do then I wont be able to buy a house for the next 2 years, which since my parents are selling up and moving overseas leaves me in quite a bad situation.

    Thanks in advance.
     
  2. Tim W

    Tim W Lawyer
    LawTap Verified Lawyer

    Joined:
    28 April 2014
    Messages:
    1,896
    Likes Received:
    438
    Merrilyn

    Although I am not an Admin here,
    please allow me to invite your attention to the Community Guidelines,
    in particular, the prohibition on soliciting new clients.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    lawanswers likes this.
  3. tomskeez

    tomskeez Member

    Joined:
    27 February 2015
    Messages:
    3
    Likes Received:
    0
    Even if anyone knows where i can look i am happy to research for myself however not sure on where i can find any laws/policies or anything like that in regards to this :(
     
  4. Victoria S

    Victoria S Well-Known Member

    Joined:
    9 April 2014
    Messages:
    518
    Likes Received:
    57
    Did you get it in writing?
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  5. tomskeez

    tomskeez Member

    Joined:
    27 February 2015
    Messages:
    3
    Likes Received:
    0
    No, it was over the phone they were meant to send it to me in writing but never did.
     

Share This Page

Loading...