lostnlasvegas

My ex and I originally purchased my home with a loan through Countrywide in April 2006. In May 2008, we split up and he agreed to refinance the home in his name, this was never achieved. He ultimately left the property to go live with his new girlfriend and stopped paying payments in October 2009. The loan was sold to Bank of America and the original breach and election to sell was filed in January 2010. In March 2010, it went through an assignment to Wells Fargo, and in April 2010 a subsequent substitution to MTC Financial. MTC filed a notice of trustee sale in November 2010, a breach and election to sell in March 2011... three days later it was assigned to BAC Home Loan Services and then substituted on the same day to MTC Financial who did a breach/recission on the same day. The property has remained empty since October 2009. All attempts to speak with the bank have been dismissed by them, they are stating since I was not the last occupant of the home they could not speak with me although I am the cosigner. My ex refuses to speak with the bank. I am now married with a child and ultimately would like to buy a house. Unfortunately, the longer this drags on, the longer I will not be able to do so. I had hoped to be ale to buy a home in late 2012 or early 2013. The foreclosure is dated to fall off my credit report in September 2016. Anyone have any ideas on what could be taking so long? Perhaps lost documents or something along those lines? We are in Nevada, I know that the process has been taking longer here but a realtor friend says this is very abnormal.

I decided to start by having all my old addresses and everything removed from my credit reports. So far transunion and equifax have completed that, waiting on experian. I'm going to do a DV letter and see where that gets me. If they do validate, what are the chances of doing a PFD and what percentage can I negotiate to?

As another note to this, I've looked through one of the counties sites on licensed debt collectors in Nevada and I'm not finding National Credit Systems, Inc. Is there any way to be sure that they are not licensed here?

I received a letter (delivered to my neighbor) from National Credit Systems regarding a broken lease from July 2010. I tried to make arrangements with the apartment complex for an early move-out due to my health condition (eclampsia while pregnant) that required me to move in with friends that could care for me for the duration of my pregnancy. The apartment complex refused to work with me and I ended up moving out on July 11, 2010. They sent me a bill for $2,800.00 after I moved out which I also tried to make a payment plan with them on but they again refused to work with my financial situation. Immediately after I had my baby he required surgery and a week later my husband was in a motorcycle crash. Obviously we are not in the best financial shape. Now I am in receipt of a collection letter that says I could have validated the debt within 30 days, unfortunately the mail was misdelivered and the neighbor gave it to me on December 11,2010 which was far past their 30 day limit. I was in receipt of another letter last night stating that because there was no validation letter the bill is mine and they would like a phone call to discuss the payment options or they will pursue a judgement against me. My question is, what should I do? I do not want to contact them by phone but I do not mind paying a negotiated amount in monthly installments.

My ex and I bought a condo in 2006 in Las Vegas for $181,900. At that time, we put over $37,000 down. We had been able to pay the mortgage payment easily up until our split in early 2008. He continued to live in the property up until approximately October 2008 when he moved in with his girlfriend. I in the mean time moved into an apartment with my boyfriend and married in August 2008. I have just found out that my ex will refuse to pay the mortgage payment any longer as he is now paying his girlfriend's rent on her home and is taking care of her child. I am currently paying my rent etc. as my husband has been laid on and off of jobs since we have been together. I cannot make the mortgage payment along with the rental payments on our apartment and my car payment and other obligations. I believe that together my ex and I who are on the note for the mortgage make too much for a loan modification. Our property is now worth only about 1/2 of what we owe. We are now trying to figure out what options we have as far as the mortgaged property. Would we be better off letting the property go into foreclosure or pursuing a deed in lieu of foreclosure? Is there a better way to go about this without ruining our credit in the long run? The payment isn't even 30 days late yet however neither of us have the means to make the payment again this month on top of our obligations.