Bank of America and JPMorgan Chase Agree to Erase Debts From Credit Reports After Bankruptcies

http://rss.nytimes.com/c/34625/f/640350/s/461cb21d/sc/28/l/0L0Snytimes0N0C20A150C0A50C0A80Cbusiness0Cdealbook0Cbank0Eof0Eamerica0Eand0Ejpmorgan0Echase0Eagree0Eto0Eerase0Edebts0Efrom0Ecredit0Ereports0Eafter0Ebankruptcies0Bhtml0Dpartner0Frss0Gemc0Frss/story01.htm

The two banks have agreed to update borrowers’ reports within the next three months to reflect that the debts were canceled.

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