I was forced to sign a 30k promissory note to approve the closing of my short sale with Bank of America. I actually closed on the short sale while never missing a mortgage payment (i stayed current). I was told to either bring a check for 10k to closing or sign a unsecured note with dyck oneil to be paid off in 60mo. ($500/mo).
I paid for 6 months then could no longer afford it. I am getting nowhere in the settling attempts. I just want to have it removed from my credit as 180 days late. I can get my company to maybe pay the $500/mo as a business expense because it would increase my score to get approval for commercial loans and better our business. How do i get them to remove the derogatory remarks from my credit. I've tried paying the $500 settling for a lower amount in a lump sum. I basically said.."what can dyck oneil offer in trade for removing this from my credit and they said we can't?? would they rather not get paid??:confused:
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