k12503

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About k12503

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  1. I have a complex situation. I reside in Florida with my hubby and we are considering a divorce. There are what I would say 3 mortgages on the home - two are from no interest grants while while 1 is the main mortgage. Should we sell/refinance the home, the grants (approx $22,000) must be repaid. My husbands name is on the first mortgage (my credit was non existent at first purchase) and both of our names are on the grants. Unfortunately, my husband within the last few months has racked up nearly $60,000 in debts from failed investments (against my wishes). My hubby is now being pursued by creditors and I am fearful that they will file judgements against him and attach a lien to his portion of the house. Is that a possibilty? BTW I used this site more than 6 years ago to clear up my hubbys credit so that we could buy this house. It was helpful to me then and I hope you guys can help me out again. I considered refinancing the home in my own name but there is ac chance that I would be unable to afford the new payment. The houses in our area are still very expensive to buy - out of the reach of my single income. The repayment of the grants along with refinancing fees would virtualyl wpe out the equity on our much devalued home. I am trying not to move out of the area as this is where my childs school is. My credit is good avg 745 while his is rapidly falling below 620. Any advice? Can his creditors take the house?
  2. I can't seem to find out anything about this company. I called their number 1-800-600-9760 and asked for their address but would not give me the city they were operating out of. When pressed they gave me their address as 18552 McCarthur Boulevard. Does this name sound familiar to anyone?
  3. Here is the situation. Had joint account with ex (GECC). Divorce states ex is responsible for account. The account was closed by the OC years ago. The balance has grown astronomicallydue late fees, overlimit fees etc. Ex has been making payments on account for the past two years with no lates being recorded on the credit report. I have been preapproved for a house loan but it is encumbent on getting a zero balance on the GECC account. EX refuses to provided my bank with copies of the check payments she has made so that bank will recognize the debt as hers and not mine. I cannot pay the debt off so I am considering whether or not i can call up the creditor, who still has me as a debtor, and ask that the account be reopened and the limit be increased to accomodate the new balance? If they agree will this account be then veiwed positively? Therefore no need for a zero balance?
  4. I have posted various questions relating to this topic before but so far no suggestions have worked. My Divorce decree holds EX reponsible for certain accounts that were held jointly. However, becaause the divorce does not erase my obligationto the creditor, the creditors will not remove me from the account. EX has allowed the account (which has been closed for 2years) to accumulate late charges and over the limit charges now the account has a balance of $4000 from $1200 I have just qualified for a home loan thru the city where I live under the low income plan that they have. However the bank that I have been preapproved with has made it a condition of the loan that I have a zero (0) balance on the same account that the EX has been made responsible for. I have contacted the original creditors who have stated that they will be unable to provide me with anything except the statements. However the bank is requiring that I prove the account is hers(the EX's) thru copies of her cancelled checks etc that she has used as payment. She has adamantly refused to provide any such documentation. My only recourse seems to be to take her to court in an attempt to enforce the marriage agreement. I have spoken to a couple of lawyers who are asking big bucks. I really dont have any money to do this. I am still paying for my divorce which I had to put on a credit card over three years ago. All the lawyers seem to think that it is a long shot. But I don't know what to do. The bank is saying that the loan won't go thru if the account is not paid off or proved to be her responsiblity. What legal avenues do I have?Can I pursue the enforcement of the marriage contract and get her to provide the documents, or pay off the debt in full? Or refinance the debt in her own name? Has anyone ever done something like this? please. I need help. I only have a few weeks to reply to the bank before the loan falls thru. It has taken me a year to qualify under the program and if i lose this chance I may never be able to do it again.
  5. I have posted various questions relating to this topic before but so far no suggestions have worked. My Divorce decree holds EX reponsible for certain accounts that were held jointly. However, becaause the divorce does not erase my obligationto the creditor, the creditors will not remove me from the account. EX has allowed the account (which has been closed for 2years) to accumulate late charges and over the limit charges now the account has a balance of $4000 from $1200 I have just qualified for a home loan thru the city where I live under the low income plan that they have. However the bank that I have been preapproved with has made it a condition of the loan that I have a zero (0) balance on the same account that the EX has been made responsible for. I have contacted the original creditors who have stated that they will be unable to provide me with anything except the statements. However the bank is requiring that I prove the account is hers(the EX's) thru copies of her cancelled checks etc that she has used as payment. She has adamantly refused to provide any such documentation. My only recourse seems to be to take her to court in an attempt to enforce the marriage agreement. I have spoken to a couple of lawyers who are asking big bucks. I really dont have any money to do this. I am still paying for my divorce which I had to put on a credit card over three years ago. All the lawyers seem to think that it is a long shot. But I don't know what to do. The bank is saying that the loan won't go thru if the account is not paid off or proved to be her responsiblity. What legal avenues do I have?Can I pursue the enforcement of the marriage contract and get her to provide the documents, or pay off the debt in full? Or refinance the debt in her own name? Has anyone ever done something like this? please. I need help. I only have a few weeks to reply to the bank before the loan falls thru. It has taken me a year to qualify under the program and if i lose this chance I may never be able to do it again.
  6. This question has a couple of parts. I just rec'd documentation from bank that mortgage loan application has been approved! However one of the conditions of the loan is that a certain joint account with ex be paid off. Divorce stipulated that the account was her responsibility but she has been negligent in making payments on time if at all and the delinquent balance has grown from $1200 to $3800 in recent years. The account has been closed by the creditor for some time now, but late fees and over the limit fees keep increasing the balance. I am unsure but I think that she is using some sort of debt consolidation agency. Now the bank is stating that the account needs to reflect a zero balance. Ex and I had a very acrimonius divorcevand I have not spoken to her since the divorce 2 years ago. She makes almost twice what I do and has the resources to go to court. I do not. I can't even afford to pay off the debt and then pursue her for it. I have been saving for years to get up enough for the deposit and I don't have a penny to spare. I even had to use one of our community low income programs to actually reach this far in the home buying process! I have been given only a few weeks by the bank to resolve this matter. What sort of legal standing do I have? I have disputed these accounts up the wahzoo for the past 2 years with no change. The accounts were contracted jointly and as such the creditors are not the least bit inclined to remove my name from the accounts especially since i have better credit than she does. What can I do? the bank says that if I can produce copies of her payments for the last twelve months on the accounts, they may remove the precondition. Due to the fact that she hates my guts and would most likely not produce the documents, what legal standing do I have? I will still send her a letter requesting the documents but if that should fail...then what?
  7. I have almost 30 inquiries within the last two months on my equifax report from consumerinfo. com. However, I am not signed up wih them. Upon investigating, I finally found out that the inquiries were made on behalf of Privacyguard but no one can explain why consumerinfo comes up on the report and not Privacyguard. Privacyguard claims they don't use consumerinfo.com yet consumerinfo. com says otherwise! I am nervous because I don't know if it will affect my score. Equifax claims it won't but I am not so sure. Inquiries on EQUIFAX that do not affect the credit score tend to have and abbreviation- AR, EQ etc. in front of them. These consumerinfo.com inquiries do not. Should I request that Equifax remove these inquires or should I just let it rest?
  8. k12503

    NCO

    yup. Send them a validation letter CMRR.Do NOT accept computer printouts of their accounts as validation. Stop speaking to them on the phone, They will never agree to send you an settlemnt agreement in writing. I had them a while back andafter a round of dispues and a intent to sue letter, they deleted.
  9. After successfully getting all my enquiries deleted from EQU,(both authorised and unauthorised) I decided to try my luck with inquiries on TU. There was an inq that I didn't recognize from T-mobile. I disputed this inquiry. Today we got a letter saying that the inqury had been deleted and that the creditor T-Mobile says that though they received my DH's name and social in an application, they believed the application was fraudulent. TU then stated that they have deleted the inquiry and have put a fraud alert on the credit file. We do not want this fraud alert. We are in the process of seeking financing for a home loan and do not want anything to jeopardize this. Can we simply request that the fraud alert be removed?
  10. Does the same thing go for CD-consumerinfo.com? Is this also a soft inquiry? At times the CD appears before the name Consumerinfo.com at other times it does not. Does that mean that the ones with the CD infront are soft while the ones without the CD are hard inquiries?
  11. I got it off Dh's credit report. It had been charged off but paid It was opened in 1996 but charged off in 1997. Near to the end of the 7 year period, I disputed as being past 7 yr reporting period. TU and equifax deleted EX did not- it wont come off till 2004 on EXP
  12. Actually, these guys are on my EQU report, approxim 6 times in the last 3 months. Who are they I don't use Consumrinfo/IPLACE and the only ones were are with now is Privacy guard. Additioaly, they are showing as hard inquiries. I am sure this is killing my score
  13. I am having a major problem with Privacy Guard. Signed up for the 3 mths for $1 trial on April 16, 2003. I have yet to see a copy of the report. Have called customer service twice and asked what the problem was- they say they can't access the experian file. called Experian to see what was up.Experian says there's nothing wrong with the file. Now Privacy guard is supposedly investigating. Still no report and the trial period is running out......
  14. Dh has join account with Ex from before they were married.Ex has always made the payments until they became seriously delinquent in 1997. Accounts are now closed but they both have large balances. Divorce decree states ex is responsible for account but she has recently started making late payments again. ( She was timely until FEb of this year.) after about 3 years of late pays Was shoppin around for advice on what to do to make her bring accunts up to date. We are currently trying to buy a house and the neg marks caused by the late payments are having dangerous effects on DH's credit score. One lawyers suggested we file a motion to compel her t pay in state court but we are unsure how to do this. Where should I look for information? Is this something we can do ourselves? Another lawyer suggested Dh file for bankrupcy and "in a year and a half his credit will be GREAT!" what the f@#$%%k! - needless to say I hung up on him. DH refuses to even bring up the matter with ex as they haven't spoken to each other in years and had a very acrimonious divorce. Is filing a motion to compel her to pay on the account something we can do ourselves..? Where would I even start!. We are very simple folk who live on very little income so we cannot afford a lawyer. Any suggestions?!
  15. k12503

    OMG NCO!!!

    <blockquote>Originally posted by morrow Hey, whats NCO and why is that bad? </blockquote> NCO is one of the biggest violators of the FDCPA. Their agents tend to be rude, aggressive, and generally ignorant. They also use various names to collect including, Marlin Integrated, Marlin capital, Gold Key Credit, Medclr. Howevr, recent reports are that if you send them a DV leter within the 30 day dispute period they usually turn the debt over to another CA or back to the OC.