My Credit Score Tanked After My Wife Passed Away 02/11/2019
Post mortem: My beloved wife of 55 years was bipolar and left me with $62 K in credit card debt. Those in her name went to the crematorium with her. The remaining cards in joint accounts, and my accounts of which I knew nothing about were laid on me. Took 6 months of writing letters and the $ 62 K was written off or dismissed by the creditors BUT my FICO scores tanked. I have NOT missed one payment, large or small in two years. Takes forever to regain my old credit score. Most likely die before that ever happens.
Mark . commented
THIS HAPPENS TO MANY SENIORS, HOWEVER, THERE ARE SOME THINGS YOU CAN DO:
YOU stated," the $62 K was written off or dismissed by the creditors" That means you got a letter from the creditor. However, did they remove it from your credit report? I would bet not. Also, did you keep all the letters you mailed to them & their response back to you?
#1) Get a copy of your credit report.
#2) Check and see if the debt was taken off and removed from your credit report or not.
#3) If yes, GREAT!
#4) If NO, you need to send a certified letter and demand it be removed from your credit report. At the end of the letter state "Thank you for your help on this issue. I expect your answer back within 30 days or less"
Wait for the reply & go from there. Be nice the first time. But, if they refuse to remove it, you may have to fight it in court. I did and won ---6 times.