Mik e
Date: Tue, 08/17/2010 - 05:03
I recently settled on a condo we owned in FL. Chase allowed a short sale and we were given a 1099 for the huge difference between sale price and the mortgage. I thought everything was settled until now this Oxford Mangement company is calling my cell phone and home phone stating I owe the balance on the mortgage. I am awaiting a call back fromChase mortgage department but that seems to be lost in the schuffle. Anyone have any experiernce with Oxford demanding this? Seems strange after 5 months.
Thx...Mike
Thx...Mike
You have received a 1099c. That means the deficit amount was for
You have received a 1099c. That means the deficit amount was forgiven. You are no longer obliged to make nay kinds of payments toward this amount. Thus, you should ask the collection agency to stop calling you. If they don't comply send a cease and desist letter along with the copy of 1099c through certified mail, requesting a return receipt.
