brainded Posted March 19, 2012 Report Share Posted March 19, 2012 (edited) I'm working on a settlement with GMAC on a 2nd mortgage I had for a house that foreclosed 2.5 years ago.. I'm looking for help with the language to use when demanding they change how they are reporting the debt to the 3 major credit bureaus. According to a loan officer I spoke with, once the 3 year mark hits I will be able to acquire another loan for a home purchase as long as this negative listing is marked as payed. The current status on my credit report is "Charged-off" but it still reports the balance of 33K.What specific language should I use in my settlement offer?Yes, I looked into my state law, I am responsible. Edited March 19, 2012 by brainded Link to comment Share on other sites More sharing options...
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