Hello, I am looking for advice regarding a lien which appears on my home's title. A little background: A number of years ago ('08/'09), I was sued for judgments by a creditor. There were two judgments issued. I settled one in 2010 with the assistance of a debt settlement company. I received a 1099-c for the second account at the end of 2011. The judgments no longer appear on my credit report, and the accounts have long since shown up on my credit report. I recently tried to get a home equity loan, and liens were placed on the title to our home. I contacted the county court and found the judgments are still open. I contacted the creditor and have been told that for one account I need to contact the 3rd party that bought the debt way back (that's the account I settled), and for the other account (which I received a 1099-c for almost 6 years ago) the creditor stated that I could offer a settlement proposal.
They charged off the debt, issued me a 1099-c, I included that in my tax filing for that year.
For the settled account, the creditor didn't seem to know much about it, that I would need to contact the 3rd party. The original creditor is who brought the judgment lawsuit.
What advice can I get about getting the liens removed.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.