Personal bad credit loans

This would actually lower the payment considerably as I would be able to borrow at current rates. The only way would be to refinance and remove her through that means. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes personal bad credit loans loan with no credit with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages.

I was the homeowner builder of my home in Orange County, California.

Bought my lot in 1998 and got a certificate of occupancy in 2000.

The loan was interest only construction loan until completion of home and would roll over into conventional financing upon occupancy. Chase was notified of completion, with hand delivered documentation, occupancy permit and completed sub contractor card, in January 2000. I realized in 2003, that Chase had not rolled over the construction loan into conventional financing of 15 payday loans in dallas year mortgage due to them misplacing my construction documentation. I paid the loan until June 2015, when i was giving a forbearance plan for 6 months. In 2016 i was given another forbearance plan for another 6 months. I have been paying the property tax amount to Chase, who subsequently sold my loan to SLS. I closed my business in 2012 and had maxed out the HELOC by 2013.

I paid the payments on HELOC until December 2016, and stopped because of a medical disability.

My question is , can i hold Chase accountable legally for loss of documents on completion of construction of my home and not rolling the construction loan to conventional as per construction loan documents, in a timely fashion, so as to off set the HELOC? I was the homeowner builder of my home in Orange County, California. Bought my lot in 1998 and got a certificate of occupancy in 2000.

The loan was interest only construction loan until completion of home and would roll over into conventional financing upon occupancy. Chase was notified of completion, with hand delivered documentation, occupancy permit and completed sub contractor card, in January 2000. I realized in 2003, that Chase had not rolled over the construction loan into conventional financing of 15 year mortgage due to them misplacing my construction documentation.

I paid the loan until June 2015, when i was giving a forbearance plan for 6 months.


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In 2016 i was given another forbearance plan for another 6 months. I have been paying the property tax amount to Chase, who subsequently sold my loan to SLS.

I closed my business in 2012 and had maxed out the HELOC by 2013. I paid the payments on HELOC until December 2016, and stopped because of a medical disability. My question is , can i hold Chase accountable legally for loss of documents on completion of construction of my home and not rolling the construction loan to conventional as per construction loan documents, in a timely fashion, so as to off set the HELOC? Just talked to an attorney and he informs me that that the trust deed for the HELOC is not recorded, so the HELOC is unsecured. Seems that Chase has a lot of unrecorded trust deeds according to Chase attorney. As i have a lot of equity in my house, my attorney has suggested a settlement. The 1st, Specialized Loan Services, filed a foreclosure with auction date. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. Bottom line: I defaulted on a HELOC with USAA in 2013, written off in May 2014, they updated my credit report yesterday for the first time since June 2014, changing only the comments from: Charged off as bad debt. I made my last payment to PNC in Sept 2013 and last payment to USAA in Oct 2013. In May 2014, USAA wrote off the loan, which I assumed meant they released their lien because PNC ended up buying the property back at auction in August 2014. Oddly, USAA never sent the account to collections, loans springfield mo or made any attempt to get the money from me, I never heard from them payadvance again and figured they just chalked it up as a loss (I also never got any 1099-c).

Both will fall off my credit report at the end of this year. Yesterday, I got a Credit Karma notification that my Transunion score dropped 43 points. All my scores were heading up to the 800 mark for the first time ever, so this was surprising.

When I looked, USAA had updated the comments in my credit report file for the first time since June 2014. Yesterday they changed it to Charged off as bad debt. Is this an indication that they plan to try to collect?

I live in MD and from what I can tell, the SOL is 3 years, although it looks like real property SOL is 20 years, if that matters.

It personal bad credit loans seems odd that they would bother updating my credit report for the first time in almost 6 years.

I have since married and moved into a house my husband owns, and I am not on the mortgage or title. Bottom line: I defaulted on a HELOC with USAA in 2013, written off in May 2014, they updated my credit report yesterday for the first time since June 2014, private loans changing only the comments from: Charged off as bad debt.

I made my last payment to PNC in Sept 2013 and last payment to USAA in Oct 2013. In May 2014, USAA wrote off the loan, which I assumed meant they released their lien because PNC ended up buying the property back at auction in August 2014. Oddly, USAA never sent the account to collections, or made any attempt to get the money from me, I never heard from them again and figured they just chalked it up as a loss (I also never got any 1099-c).

Both personal bad credit loans personal bad credit loans will fall off my credit report at the end of this year.

Yesterday, I got a Credit Karma notification that my Transunion score dropped 43 points. All my scores were heading up to the 800 mark for the first time ever, so this was surprising. When I looked, USAA had updated the comments in my credit report file for the first time since June 2014. Yesterday they changed it to Charged off as bad debt. Is this an indication that they plan to try to collect? I live in MD and from what I can tell, the SOL is 3 years, although it looks like real property SOL is 20 years, if that matters. It seems odd that they would bother updating my credit report for the first time in almost 6 years. I have since married and moved into a house my husband owns, and I am not on the mortgage or title. It sounds like from your update that Charged off as bad debt. Collateral Released - Balance Owing , means the lien is released. The collateral was secured by the lien on the house.

No big deal now since you are not living in the house anyway. However, if you did not file bankruptcy, the debt can still be collected.

And HELOC are considered real property debt in most states, but check out your states laws.

I would say that the debt collector probably has a valid claim to the debt.

The more common problem I see on this forum is the debt is discharged during bankruptcy, but the lien remains.

Then the homeowner is free of the debt, but cant settle the lien.

Unless you hear from the bank or debt collector, I would not contact them. I also would not put your name on your husbands property.

If the debt is valid, your husbands house will be considered part of your assets. It sounds like from your update that Charged off as bad debt. Collateral Released - Balance Owing , means the lien is released. This was a property that I was unable to sell (underwater) when I moved to another part of the state. Then they wrote it off 6 months later and PNC foreclosed a few months after that. The only info I see on my county property page is the foreclosure notices, not sure where to look for liens. I still have all my other accounts with USAA (auto insurance, life ins) so they definitely know how to contact me. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. I am on a deed on a property that I had with my ex. Come to find out she applied for a modification that changed the loan terms by having a balloon payment at the end of the loan. I found out when a real estate agent notified me of her intent to sell the property and she needed my signature to list the house. How was the loan modified without my consent and what recourse do I have since the modification ate most of the equity. I am on a deed on a property that I had with my ex. Come to find out she applied for a modification that changed the loan terms by having a balloon payment at the end of the loan.

I found out when a real estate agent notified me of her intent to sell the property and she needed my signature to list the house. How was the loan modified without my consent and what recourse do I have since the modification ate most of the equity. Im not an expert on divorce, but why would you continue to own property with an ex? If you are not on the mortgage, then the ex probably has a right to modify the loan without you knowing since you are not financially responsible for the debt.