Lexington Law's service has 3 main plan options: Premier Plus, Concord Premier and Concord Standard. Values are between $99.95 and $139.95/month. The more expensive plans come with extra, more personalized services that can resolve the issue of bad debt faster.
The recovery process by Lexington Law begins with the submission of your credit report to the company. In this regard, you need to send the report by email or by post. When they receive this report, they will analyze the negative items and insert it in the Case Valet for you to review. After confirming the veracity of the data, you will be able to justify possible registration errors and disputes, in the most detailed way possible. With this data in hand, the law firm can start acting. In this sense, they prepare letters of intervention to potential creditors and you start to receive regular updates from the main credit agencies about your score.
Lexington Law has set some average timeframes for restoring your credit through challenges. In bankruptcy cases, the period is longer than 6 years. However, in the case of foreclosure, more than 3 years is estimated. When you look for missed or deferred payment, the deadline is 18 months. In case of late payment of mortgage, the term is 9 months. Finally, in situations where credit card account closure, maximum credit card account, or credit request is sought, the deadline is 3 months.
Hiring credit recovery services, such as Lexington Law, can be a way to get out of trouble. However, you can also count on other options like The Credit Pros to restore financial health. Check out how to apply for this alternative in our post below!