Developed in collaboration with recognized leaders in Metro 2® Format reporting, and the Metro 2® Format Task Force which includes experienced representatives from Equifax, Experian, Innovis, and TransUnion, this newly released webinar describes detailed reporting guidelines for accounts included in bankruptcy chapter 7 and includes case examples to further learning.
The reporting of accurate data is an essential obligation of data furnishers under the Fair Credit Reporting Act. In 2020, over 70% of all bankruptcies filed were for accounts included in bankruptcy chapter 7, making it essential for data furnishers to strengthen their understanding of reporting guidance.