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A contingent claim is based on a possible future event. For example, the liability of a cosigner on a promissory not might be contingent upon the a default by the main debtor. An unliquidated claim is one that has not been calculated or established as a specific amount. If you caused a car accident, pain and suffered is determined by a jury and thus unliqidated. A disputed debt is exactly that: a debt you dispute. You may dispute it for a number reaons and these descriptions are not mutually exclusive.

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Q: On Schedule F of a Chapter 7 bankruptcy what does it mean when it asks if the claim is contingent unliquidated or disputed?
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Can you remove bankruptcy from credit report?

Yes you can remove a bankruptcy from your credit report. You must dispute it to the credit bureaus using the Fair Credit Reporting Act. The credit bureaus have 30 days to verify the listing or it must be removed from your credit report. A bankruptcy should only be disputed if it is erroneous or inaccurate.


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The entry on the credit report is not incorrect, a dismissed bankruptcy remains on the CR for seven years from the date of the dismissal. Valid information cannot be expunged from a credit report until the required time limit has expired.


Can a bankruptcy be disputed by a creditor?

You can dispute bankruptcies and items included in bankruptcies the same as any other negative item on your credit report. You must submit a dispute letter to the credit bureaus stating why the item(s) are being disputed. The credit bureaus have 30 days to verify the items or it must be removed from your credit report.


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How would you run a report included only disputed transactions over$500?


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The Woman Disputed was created in 1928-09.


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