noagenda

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About noagenda

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    maryland
  1. I have a 2nd and 3rd on my home that I stopped paying on 2 years ago. Got to a point where I could not afford to pay; company's would not work with me, house was upside down so I made the decision to stop paying. Since that time both accounts have been charged off and get contacted every now and then. I have tried to settle but do not have the funds to pay (and told NOT to use my 401k) and do not want to be 1099 and then in trouble with the IRS. I have trued and cannot refinance my house to lower interest because the 2nd and 3rd will not suborniate, even after i told them it would free up fund to allow me to make payments, they will not. I also tried streamlining my loan (Wells Fargo) but no luch there as well. Guess I can't blame my 1st mortgage, they are getting their payment I don't qualifiy for HARP or HAMP...so it seems my only option is to not do anything and just wait or file bankruptcy. Are there any other options for me? I don't like living like this and want to find a course of action to fix. Any advice is greatly appriciated.
  2. Thanks for the (little late) advice. No I don't dispute the debt...but when I read the steps outlined in this site I went ahead and knocked out the letter as it was an easy thing to do and had a possibility to alter my situation (or so I thought). Anyways on to negoitions with the CA for a reduced settlement.
  3. I read the section on sending a debt validation letter to the CA (NCO). I followed everything to the letter and sent if certified. I just received my response from them today. They stated the received my inquiry and request for validation and enclosed the materials they received from the creditor that corresponds to my acct. The only thing they enclose were 2 copies of the credit card statement from 2010. Should I be expecting more, I know the sample validation letter asked for much more. does this mean they don't have anything? Any further insight or guidance is appreciated. thanks!