Commercial Default Removal Despite OAIC Refusal – Case Study

Commercial Default Removal

Mycra Lawyers - Credit Repair Industry Experts

Commercial Default Removal
Credit Repair 
Case Study

Client Profile:

white space for commercial default removal
white space for commercial default removal

Name:
State:
Sex:
Age:
Married/Single:
Listing Type: 
Original Creditor:
Current Creditor:
Paid / Unpaid:
Listing Amount:

Belinda
SA
Female
52
Married
Commercial Default
*"The Company"
-
Paid
$1127

Commenced work:                          11/07/2014
Default Resolution:                         06/07/2015

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Credit Repair Background:

Belinda believes that "The Company" has improperly recorded a commercial default on her individual credit file.

Belinda worked as a self-employed contractor for "The Company" between May 2010 and December 2010. She changed her address from Suburb 'A' to Suburb 'B' in September 2010 and informed her "The Company" State Manager of the address change.

Belinda then received further "The Company" stock at her new Suburb 'B' address, however, "The Company" sent the invoice and subsequent statements to her old Suburb 'A' address. 

The account was not paid and a commercial default was listed.

What Were The Challenges?

Belinda was seeking the Commercial Default Removal as she believed the listing was unfair. 

Belinda had already sought help from The Office Of The Australian Information Commissioner (OAIC) and various Ombudsman bodies prior to approaching MyCRA Lawyers as both the OAIC and the Ombudsman Bodies had deemed "The Company" correct in default listing.

"The Company" was adamant that the listing was valid as they asserted Belinda had never updated her address with "The Company", and subsequently refused the commercial default removal request at the time of the initial investigation.

Why Was The Listing Removed?

The Commercial Default Removal was achieved after MyCRA Lawyers evidenced "The Company" had in fact been notified of Belinda's change of address and then went about conclusively proving both the change of address and "The Company's" knowledge of the change. 

A Deed of Settlement and Release was then drafted, signed and executed to confirm the wishes of both parties.

Summary

Belinda was referred to MyCRA Lawyers by her Mortgage Broker. She then immediately engaged MyCRA Lawyers to investigate the likelihood of Commercial Default removal from her individual credit file.

The Commercial Default was listed as the direct result of her changing address with her creditor, and that address change not being updated correctly by her creditor.

Belinda only discovered the commercial bad credit default listing after applying for a consumer home loan and was declined because of the commercial default.

MyCRA Lawyers negotiated the successful Commercial Default Removal, and even though it took 356 days to achieve, Belinda was protected by MyCRA lawyers Fixed Fee Guarantee and no additional charges were applied to her account. Belinda can now move forward financially.

Congratulations Belinda and GOOD LUCK!

Click below to let Belinda tell you in her own words

"The Company"* name has been changed to protect privacy and respect the wishes of the parties.

You're At The Point Of Decision...

Belinda Struggled for a long time trying to have the commercial default removed herself.  She went to the Ombudsman Bodies and made a complaint. They investigated and found in favour of "The Company". 

Belinda still believed that the Commercial Default listing was unfair, so she went to the OAIC and filed even more complaints. 

All of the stress, and worry, and sleepless nights started to weigh heavily on Belinda, and when the OAIC also ruled in favour of "The Company", she felt totally defeated. 

Have you ever felt like that?  I'll bet you probably have, haven't you...

Well thank goodness Belinda's Mortgage Broker told her of our successes. 

And, thank goodness Belinda believed strongly enough that her commercial default was listed unfairly to try one last time with MyCRA Lawyers. And she was vindicated, she was proven right, she proved that the Commercial Default was unfair and had to be removed.  She got her life back!

Now it's your turn.  You can either continue down the path of least resistance, the path you've already been traveling, or you can choose the road less traveled.  The path of least resistance will probably result in you getting the same outcomes you've always received.

But, If you want something different to happen, if you want to change the direction of your creditworthiness, change the direction of your ability to move forward for yourself or your family, you're going to have to do something different. Make a new choice, the right choice to allow you to pursue your new outcome.

Fill out the form below and one of our friendly team will call you back to help you get started on the road to your new financial future. It's okay, we won't judge you no matter what's happened because we've been through it too, and we're here to help.

If you're excited now because you can see light at the end of what's been a gloomy tunnel for long enough, you can also choose to pick up your mobile right now, and click call now or enter 1300 667 218 to speak to one of our friendly, helpful team for a free, no-obligation consultation today!  You'll be glad you did!

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