Collection Agencies & Forclosure
Date: Mon, 02/20/2006 - 21:29
And we have a 2nd mortgage and it was charged-off according to our credit report but when we tried for a refi the company that is willing to give the money said that the 2nd mortgage company is saying forclosure is on our house but we received a letter from them saying it's only charged-off not forclosed on. But we lost the loan now because they say the 2nd mort. company told them forclosure and they told us it's not. Who do I believe ? And can they forclose on us without telling us? Our 1st mortgage company say they have no word from the 2nd company about any forclosure. Help please about both questions. Thanks ahead of time.
Collections Agencies & Forclosure
Yes the "pc guest" is me pcbusdriver362000 I wrote a question then signed up in community. Sorry about that, but would like a reply on the subject. would like to get this all corrected ASAP. Thanks.
Hi PC!! so glad you registered...welcome aboard!!!! I am going
Hi PC!! so glad you registered...welcome aboard!!!!
I am going to try and tackle 'part' of your question, as I'm not sure about the other part and will let someone else come along to help that knows more about that type of thing.
Quote:
Yes can anyone tell me if 2 collection agencies can collect on the same debt at the same time,didn't even know about them till my credit report was just pulled, wasn't even contacted by them at all.Who do I pay the creditor or which one of the CA's? They both reported that they have the account at the same time. |
NO!!!! Two collection agencies CAN NOT collect on the same debt at the same time---nor can they both be reported on your credit report at the same time. First off, what I would do in your situation, is get the addresses of the two collection agencies from your credit report and write them both. since its clear that both do not have the account, you need to ask each one for validation. You should also dispute with the credit bureaus to have one taken off of your report. I just got done doing this and its fairly simple. Just point out to the bureaus that the same debt is being reported twice. In doing this, they will run an investigation, when done, they will pull one of the accounts off of your report. Pretty good chances are, the one left will be the one that is holding the account and has proven to the bureau that they have the rights to your account. In doing this, it will let you know who actually has the account. Also, you can write (or call--but I prefer to write for the paper trail, in case you have something to prove later), the original creditor and see what you can find out from them. In any and all letter writing that you do regarding this matter, you should be sure to send it certified/return receipt. For your paper trail purposes. Good luck with this and I hope I have helped. :D
Now I will step aside and let someone else help you with the second mortgage question. Shirley
Thanks Shirley that helps me out, the place that was gonna give
Thanks Shirley that helps me out, the place that was gonna give us the loan pointed it out to us and needless to say I thought it was strange. This account was a fingerhut account. According to my CR it states Fingerthut charged-off, then oops 3 comapnies have it, comp #1 Jeff cap sys: collection/open, comp #2 RJM ACQ LLC collection/open, & comp #3 Jefferson CP collection/open, they are all for the same amount and the for the same company. I know I do owe it maybe but I thought I paid in full will be looking threw my papers today, I am a pack rat when it comes to stuff like that, my hubby used to yell at me for it until something came and it said we didn't pay anything on it or pay it off, well my pack rat deal came in handy becuase I not only produced the cancelled checks but all statements and receipts directly from the store saying I paid it. So my hubby apologized to me and said he will never argue about me saving all those kinds of papers again.
Yeah can a collection agency have 2 dates that they supposily opened the same account? Arrow Service has a account on me what for??? but it has a date opened 1/01 then 1/04 then a report date 8/05. Confused!! :?
Can anyone send me an exampkle of a validation letter to write to these companies, and how do I go about disputing something on my CR? Thanks everyone.
Debt CC points
well I got 100 Debt CC pints for my 1st post as pc guest, then I just did a reply to Shirley about her reply to me and it was posted as guest and there 100 Debt CC now how would I get both 100 Debtcc transfered to my account under pcbusdriver362000 which I have 16 Debt CC on there confusing? If I reply how do I keep those D.CC points to my account and not guest??
Quote:This account was a fingerhut account. PC, you've got to
Quote:
This account was a fingerhut account. |
PC, you've got to be kidding me!!!! Remember I told you in my post that I just got a second account removed from my credit report--that it was a duplicate??? well, it was also FINGERHUT!!!!! :?: shirley
Judgement found on CR but..
Yes I just looked more at my CR now I found a judgement against me , if things can't get worse, well I called the Prothontary Office thats listed on there and they said they didn't put it there, because it was a DJ office case so I called them they said they didn't put it there either, she told me some one can go into the files and pull the info out and report it to the C Bureaus so they can't take it out or change it because htye didn't do it, well this was never even go to a judgement it was paid off before the court date was even close, it was paid directly to the Vet's office and I received a paper from the DJ office thats says it was satisfied and no judgement was made. Now who has to take it off :?: and no one is claiming to have done it. Court house says itys not there case it was a DJ office case I have to talk to them. Well the Dj office says they didn't do they don't report to C Bureaus but the someone else can and she can't tell me who becuase they don't even know. Sooooooooooooo how do I get it take off when I don't even know who put it there :!:
And is this all legal :?: :?: Help..
pcbusdriver362000
Quote:Yeah can a collection agency have 2 dates that they suppos
Quote:
Yeah can a collection agency have 2 dates that they supposedly opened the same account? Arrow Service has a account on me what for??? but it has a date opened 1/01 then 1/04 then a report date 8/05. Confused! |
Place a dispute with the original company on this item or you can do the same with the credit bureau also. The item will be sent for verification and all the errors will be fixed. You can fill the online dispute form with the bureaus or you can send it through mail also. Highlight the item that needs to be fixed. Send your letter through certified mail with return receipt requested. Keep copies documented in a file for records.
Here is a sample debt validation letter that you can send to the agency for identifying your debt in accurate shape.
http://community.debtcc.com/letters/sample6.html
Quote:
well I got 100 Debt CC pints for my 1st post as pc guest, then I just did a reply to Shirley about her reply to me and it was posted as guest and there 100 Debt CC now how would I get both 100 Debtcc transferred to my account under pcbusdriver362000 which I have 16 Debt CC on there confusing? If I reply how do I keep those D.CC points to my account and not guest?? |
The system sets 100 debtcc points as default when an unregistered member posts in the forums. These points cannot be transferred to your registered account. You will be able to keep all your points in your user account after logging in the forums.
Thanks David both your responses were a big help. And Thank you
Thanks David both your responses were a big help. And Thank you for a copy of a validation letter thats a really big help. I will be using that alot, because there is so much wrong with my report it isn't funny and there is some on my hubby's one too. All I know is that we lost the loan to get ourhouse fixed especially the roof's now we don't know what to do.
If there are several disputes on our CR do I have to file each one seperatly :?: To the Bureaus.
Once again thanks and Shirley thanks too.
It is better to point out each item that is in dispute. You can
It is better to point out each item that is in dispute. You can use one letter to submit your dispute but the items should be highlighted individually. Do send your letter through certified mail with return receipt requested. This is very important because once your copy is received by the bureau; they have 30 days to give you the results of their investigation. If they fail to do so, you can send a follow up letter requesting the info.
When you approach for new credit, it is your score that is viewed with keen interests. If you have good credit scores, you will bag the best financial credit packages. You will have to face a very tough competition if your scores are lower. It is a good idea to work on your credit file and find out the areas that needs improvement. Some helpful tips to improve the credit scores have been given in the link below. Have a look.
http://forums.debtcc.com/forums/credit-check.html