Why does LandSafe need documentation such as divorce decrees, bankruptcy papers, etc. when ordering upgrade products?
For LandSafe to note on a credit report that a particular account was awarded to an ex-spouse, a divorce decree is required. LandSafe cannot delete tradelines based on a divorce decree. Creditors do not approve the release of liability of a party to an account based on a divorce decree. They still hold both parties financially responsible for the debt. Bankruptcy papers are required to validate the disposition of accounts. For example, was a debt reinstated, surrendered or retained by the applicant? Bankruptcy papers will assist LandSafe in researching answer to these types of questions. In addition, many creditors do not report accounts as included in bankruptcy. To identify the accounts requires additional research, thus lengthening the processing time. Please note that LandSafe requires a current trustee report on Chapter 13 bankruptcies that have not been completed. This facilitates the updating of tradelines on the report to reflect the true balances and payments made through the
