guyer6719

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Posts posted by guyer6719

  1. Yes...Notice of Judgement in 2003....then nothing until 2017....Entry of Appearance and Writ of Revival.  Anything filed would show on the docket, right?  Should I be looking in another place as well?

     

  2. 5 year period to renew judgment lien against real property...in PA.  Apparently creditor can lose right to take action against real property if the judgement/lien or whatever isn't renewed every 5 years.

  3. Hi WhoCares1000,

    Thank you for your insight.  I'm pretty sure, not 100% certain that they can't garnish wages in PA.  As far as the levy, all accounts are joint martial accounts.  Doesn't that protect any cash that my and spouse have saved?

     

     

  4. Hi All!  It's been a while.  Hope everyone is okay under the circumstances.

    I have been wanting to settle and old debt with Credit One.  It was a judgement from 2003.  Was eventually "sold" or given to an attorney to handle/collect.  I guess that attorney didn't make good on it, it was given to another attorney.  I was under the impression until now that creditors sold these debts to law firms, but I think the original creditor is still involved.  The attorney told me that they would have to present any offer of settlement to the creditor.  I have been to this point before with the law firm.  Just so happens that the person that I spoke with at the law firm did not mention the interest that was accumulating on the account.  In other words, I offered to settle $100 by paying $10 per month, but what she did not tell me that the debt was actually $200 including interest (just an example).

    More recently, I was told that creditor would not accept monthly payments on settlement that is less than what is owed.  You guys ever hear that before?  

    Not having much luck with the second attorney.  Very unprofessional....makes threats....high staff turnover....inaccurate information given.   

    What are the chances that, if I can eliminate the middle man, I could negotiate settlement with the creditor?  Should I even ring this bell by contacting the original creditor.

    Thanks!

     

     

  5. tarbaby and willingtocope:

    This was my car note account...and actually the very last payment...was struggling at the time. The last payment was due in November...but I didn't pay until January...that's 60 days PD as far as I can tell. Experian is reporting the 60 days PD in January...which is correct, but also reporting it as charged off as of February. They are also reporting the status as "collection/charged off". Do I stand a chance of getting the "charged off" removed since the account was only 60 days PD? Thanks in advance.

    That's the bad news...the good news is that Credit One Bank is outta here and so is Cavalary...successful disputes on those two. In addition, I just opened a Crown Jewelers account.

    One more question....you know how you pull your report and you can see the payments for the last 48 months? Do creditors or potential creditors see this when the pull your report...or do they just see the last two years of payments? Also, how old are the lates that don't hurt you?

  6. Is there a rule as to when an account can be charged off, in other words, does the account have to be 30, 60, 90 days past due to be charged off...or is there some other circumstance? I ask because I have an account that was 60 days past due and the creditor charged off. I did pay it, but I would like to have the charged off status removed.

  7. this morning i was telling a friend about all the bull-crap at the job that i wasn't looking forward to facing today. his words were, "it's just a job". i think that to most of us, a job is really more than a job...it's our livelihoods, medical benefits, mortgage and car payments, etc., but do the people you work with and their antics really matter? i'm thinking NO. from this day forward, it's just a job for me. my friends and family don't work here.

    just venting....

  8. Admin...

    Guess what? They took the car this weekend. I thought for some reason that since that the repo couldn't come on the dealer's lot to take the car...maybe that the dealer would be liable if anything happened to the car while in their posession. Anyway...the young man called to ask for more time to come get the car and was informed that it was towed away and taken back to where it was purchased.

    Moral of the story...pay your bills...

  9. I think the answer to my question is "no", but I want to be sure. This is sort of debt related as well. Here's the situation. A young man leases a car with a cosigner. He doesn't make the payments and the company who has been hired to investigate and recover the vehicle is pulling out all the stops. The young man takes the car to the manufacturer's service department for service and a checkup. The recovery company is tipped off as the the vehicle's whereabouts. Can the recovery company legally send a tow-truck driver to...let's say...Chrysler's service lot to take the car?

  10. So, you know how one extra mortgage payment a year is supposed to help you pay off early and save on interest? How should this payment be made? Should I instruct the mortgage company to apply that extra payment to principal only, or just send the payment in and have them apply it like any other payment?

  11. Since I declined taking out the loan, the guy has really been calling me alot wanting to "work something out". He said he would offer me a lower interest rate....12.2% fixed for three years. LOL!

    Like I said, my credit isn't pretty but I'm not in a hurry to get the cash and I'm not that desperate. He would have me believe that nothing will improve my credit besides taking his loan. I'm in a better position now than I would be with that financing.

    firstsource: the lender is Wells Fargo Financial. Google them and predatory lending and see what happens.

    2ndTimeAround: good advice. I am going to put all I can into paying off the mortgage. question for you,

    Goose123: he never, ever mentioned FHA.

  12. I should post this here as well:

    but I quickly jumped out of the pool.

    My credit report is definitely not a thing of beauty. It's on the upswing, but still has some blemishes. I tried to get some cash to fix the house. The cash was so tempting, but I would rather wait a year until some of the other blemishes are gone and I have better credit. Here goes my current situation versus my would be situation had I taken the loan:

    Current interest rate: 8.25%

    Proposed: 12.5%

    Current morgage payment: $530/month including taxes and insurance

    Proposed: $700/month not including taxes and insurance

    The loan would have paid off a few small accounts, but nothing I can't handle myself.

    So then I googled the company's name and found out that they are famous for their predatory lending practices. I just paid off my car and I am looking forward to having the extra cash. I think this is where some people go wrong...they are so used to being in debt...paying and paying...that when they are not in debt they have to jump back in.

    12.5% ???

    Heyall to the naw!

  13. but I quickly jumped out of the pool.

    My credit report is definitely not a thing of beauty. It's on the upswing, but still has some blemishes. I tried to get some cash to fix the house. The cash was so tempting, but I would rather wait a year until some of the other blemishes are gone and I have better credit. Here goes my current situation versus my would be situation had I taken the loan:

    Current interest rate: 8.25%

    Proposed: 12.5%

    Current morgage payment: $530/month including taxes and insurance

    Proposed: $700/month not including taxes and insurance

    The loan would have paid off a few small accounts, but nothing I can't handle myself.

    So then I googled the company's name and found out that they are famous for their predatory lending practices. I just paid off my car and I am looking forward to having the extra cash. I think this is where some people go wrong...they are so used to being in debt...paying and paying...that when they are not in debt they have to jump back in.

    12.5% ???

    Heyall to the naw!