Jump to content

Please consider disabling your adblocker for CreditBoards if you have not already done so.  This site depends on advertising revenue to stay online.


Sign in to follow this  

2nd mortgage given to collection agency?

The last post in this topic was posted 1299 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Recommended Posts

We know our house will go into foreclosure and are just waiting it out (we moved out of it already so we have nothing to do with the actual physical property anymore). We received a letter today from a collection agency stating that our 2nd mortgage holder turned our account over to them for collections. Is this a common thing? Will it change anything regarding the foreclosure process? TIA

Edited by econ.fail

Share this post


Link to post
Share on other sites

It shouldn't change anything in the foreclosure process other than who they notify if that depends if it was sold or just assigned to the CA to collect.

Share this post


Link to post
Share on other sites

The last post in this topic was posted 1299 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  




  • Member Statistics

    • Total Members
      179,014
    • Most Online
      2,046

    Newest Member
    lflemingjr2000
    Joined

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines