Q: Hello, my husband and I filed a chapter 13 bankruptcy in April of 2016 with our family farm operation
We did this so that we could continue to operate our farm and pay back our operation loan to our creditor. Now we are working on taking our the family operation and are looking at getting an operating loan and wondering what to do and where to go? I have been keeping track of our credit scores and they have all been going until the creditor put on my side of the account that I was 2 to 3 months behind on payments and I am not, I pay a month ahead so that will never happen and I have documentation to prove otherwise so I am also trying to figure out how to straighten out my credit score. On my husbands end they have always reported that payments have been on time. I am frustrated and need help with these two questions.
A: Challenge those erroneous entries on your credit report and unless the creditor can prove the delinquency, it should come off your report. Then you should be able to obtain an operating loan with the permission of the bankruptcy court.
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