spooby72

My girlfriend got a divorce about 7 years ago and her ex was left with the house in the divorce decree. She signed a quit claim deed over and he ex has been in and out of foreclosure processes since. He just did a loan modification in his name only...original mortgage loan was joint with my girlfriend. Wells Fargo wanted my GF to sign but allowed her ex to sign the modification on his own which brought the mortgage current again. Question: does a loan modification like this cancel the original mortgage contract and release my GF of any financial responsibility or is she still liable under the original terms under the first mortgage? Any help would be greatly appreciated...we need to find a way to get her off of this mortgage as its been haunting her for 7 years. Ex has horibble credit, house is a mess and couldn't possibly sell to pay off mortgage balance. Thanks!

Thanks much! I found all the other contact info and knew they liked to hide their mailing address.

Anyone have the current mailing address for Experian for disputes? I have had no luck finding it.

bump for more help.

Let me start off by giving my appreciation for this website and its members. I have been a lurking member for about a year and a half and have already had success cleaning up my bankruptcy. My wife and I both had a Chapter 7 Bk filed in August of 2005 and discharged in November 2005. We disputed all of our tradelines as "not mine" and were successful deleting quite a few but most were verified. WE DID MAKE SOME MISTAKES EARLY ON and got all the left over baddie's to report IIB. Our reports are 100% accurate now but we would like to get more accounts deleted if possible. We had our BK public record on all of our reports. I have researched endlessly on this site to try and come up with a strategy now to get our "accurate" baddies deleted. Question #1 Can creditors report late status after filing date? We filed in August and have multiple creditors showing us late for months and months? Question #2 What dispute process would you initiate in detail? How would you approach this situation? Thank you in advance for your help. This is a great community that has already done wonders for my family!

I have about $17,000 in revolving credit that is hurting my scores. I have about $5,000 coming this month in a lump sum and would like advice on how to go about applying this to my debt. Do I pay down the highest interest cards first or do I send a portion of the $5,000 to each of my creditors to get the balances away from the credit limits? Just looking for your thoughts on how to go about getting my scores back up quicker. Thanks in advance!

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We were discharged on 11-15-05 and included our home. Our mortgage was discharged while current and we are still living in the house while going through the foreclosure process. Our sheriffs sale is at the end of September. My question is: Is it legal for the mortgage company to report my payment status as being 8 months late if my mortgage loan was discharged in my bankruptcy on 11-15-05? If it is illegal, what is the best way to correct this problem? Thanks in advance for your help!

We are waiting for our foreclosure sheriff sale date and are putting our home on the market today. We were wondering if we had to have the home sold by the sheriffs sale date or if we could still sell the home during our 3 month redemption period?

I have researched this for hours and now have more questions than before I started... We were just served a summons for our home that is about 5 months past due. This home was included in our chapter 7 bk discharged 11/05. We have no personal liability for any deficiency balance but it would be nice to possibly avoid the extra mark on the credit with a foreclosure. Our home was appraised 2 years ago for 143,000...with area approximate appreciation of 3% for two years it should appraise around 152,000. Our priciple balance due (without interest, late fees, attorney fees, etc) is 137,500. House is two years old in fabulous condition and could be made sale ready in a day. Since I would need to pay around 6% realtor fees, along with the past dues interest and fees, it doesn't seem worth it to try and sell the house other than to avoid the foreclosure mark on the credit report. We could live in the house another 5 months or so mortgage free and save the money. Is it possible to negotiate with my lender to lower their payoff amount if I was to list the home for sale. If they did lower it and I was able to sell it, would I be able to keep the cash difference at closing?

Thanks for the response, I've been sitting here squirming in my chair since I found this update on my credit report. As soon as I get the hardcopy reports from EQ advising what I see on my TC reports I will immediately fire off a dispute. I had a similar situation happen with a bk...all of the sudden my mortgage company started reporting a loan status after discharge which is a violation. I disputed this with all of the bureaus as it being a violation to report this debt after discharge...I would assume your situation would be very similar. I have a few more weeks before I hear back on the disputes.

Got ya....thanks for the help!

So without hard pulls on my credit, I can open new tradelines? They would report as seperate companies but all share the same loc? How did you go about doing this?

The credit limit still shows our $1360 for a ring I bought my wife over a year ago that she took back because she felt guilty...yeah, she will never do that again.lol She returned the ring after about 3 weeks and all bureaus are reporting the $1360 as limit even though account has been at 0 for a year. I like the buying and returning idea...may have to give them a good chunk of cash to get their 0 interest plan so I don't get dinged 23% for one months interest.

My Kays account has a $6400 limit but only shows the most I have ever used, $1360. Would I have any luck sending a statement showing the high credit to the bureaus? Should I contact Kays and ask them to report the high limit? Should I purchase a large item up to the limit and let it cycle a few months and then return the item...they have a no questions 90 day return policy I can take advantage of...I know, my wife returned a gift on year. Your expertise is much appreciated!