Chapter 7, D & B and extortion.

[Anon]

Today is the one year anniversary that I took my husband to the hospital because he wasn't feeling well. Now, after a year, my husband's cancer is in remission and I've filed Chapter 7 last Friday. What a difference a year makes...I can't believe this is my life. When I look back I'm in shock at how different my life is now.

Anyway, I have an LLC that I am continuing to operate. Yesterday I received a call from Dunn & Bradstreet. The gentleman said "we need to talk to you about your credit. Your business is showing negative information and you need to look at it because your business credit is super important and (here's the kicker) FOR $450 WE CAN TELL YOU WHAT THE NEGATIVE INFORMATION IS..." The only thing my Chapter 7 did to my business credit is remove my personal guarantee. Is it just me, or does this sound like extortion? At this point I don't give a crap about the negative info...how much worse can it be? I told him to pound sand, but in a nice way.

My 341 is on 9/10. I can't wait for this to be over because I now realize that filing bankruptcy is not a good thing, but it's also not the end of the world. I felt sick and depressed over the past weekend but you know what? I am starting to feel better. A credit score is just another way for "the man" to keep me down. At some point I may want credit again but for now I'm pretty darn happy just knowing I don't have to stress about it anymore. And D & B can kiss my butt.

[freedomnow7]

Hi Anon - I like your fighting spirit. Try not to look at the BK as a good or bad thing and just look at it as a "some-thing" that has happened in your life.

In terms of D&B, the Better Business Bureau does the same thing sometimes...obviously it's a ploy for them to make money. I ran a business credit report through either Experian or Equifax for $29 about a month or two ago. So, you can obviously see what's on your report without shelling out a load of money. The laws governing the consumer reports and business reports differ, so that's why the pricing is different.

But, congrats to you on moving forward and your husband for his speedy recovery.

[justbroke]

I thought you were talking about the Official Bankruptcy Forms... specifically Schedule B and Schedule D. LOL

[catleg]

It's funny, I remember getting a letter or two from D&B just because I had an Advanta "business card". Such parasites. Like the consumer credit bureaus I think they view themselves as part of the "receivables management" business...otherwise know to the rest of us as "collections".

[drowning123]

I thought you were talking about the Official Bankruptcy Forms... specifically Schedule B and Schedule D. LOL

Me too!

[Anon]

Whether it's the Schedules or Dun & Bradstreet, it's extortion either way...

[BobWang]

You actually believed something Dun & Bradstreet told you over the phone ??? They lie like collection agencies....

[Anon]

No, I didn't believe them. I just found it funny that they offered to "help me" for ONLY $400+! Seriously, I find that so funny...that's the business I should have been in...