13 Deletions from TransUnion dated 07/08/2008 Personal Information         UPDATED Two collection/charge-offs from HSBC Bank      DELETED Two collections from RJM Acquisitions, LLC      DELETED One collection/charge-off from Leland Scott and Assoc.     DELETED One collection from Credit Collection Service     DELETED One collection/charge from Accelerated Revenue, Inc.    DELETED One collection/charge-offs from North American Credit Services   DELETED Two collection accounts from I C Systems Collections    DELETED One collection/charge-offs from Credit Protection Association   DELETED One mortgage [...]

I’ve been advised to short sell my home (rental property) by my broker, because I cannot continue making payments.However, I received a letter from my lender, Bank of America in California stating, “As the Mortgagor, you will be held responsible for any remaining balance owed.” Does that mean that I could be stuck paying on a [...]

If a lawsuit was filed on behalf of a credit card company, and the case was dismissed without prejudice, and never re-filed by the Plaintiff, can another collection agency attempt to collect on the same debt? Missy ———- Hi Missy, Yes, everything else equal, another collection agency can attempt to collect on that debt.  A dismissal without prejudice generally permits [...]

I received a call from an escrow officer with a question on a short sale transaction she is currently working on.  She and I have worked on several short sale transactions in the past.  This one stumped me.  I’m not sure if this is a new trend, but thought you might know something on the [...]

Minnesota Attorney General Lori Swanson filed a lawsuit last week in Hennepin County District Court against AFNI, Inc., an Illinois debt collection agency, for attempting to collect debts from Minnesota citizens who stated they did not actually owe the debts and for failing to substantiate debt that consumers stated they did not owe. The lawsuit alleges [...]

I will say Iam sorry first for this being so long….I bought my first home in 1994 I divorced in 1999 and he quiet claimed the deed to me we split all expenses I paid my half he filed bankruptcy on his and of course I got stuck with his half then…paid both of our [...]

How many years can a debt collector collect? Fernando ———– Hello Fernando, Read: Credit Reporting Limits & Statute of Limitations A debt collector can theoretically attempt to collect a debt indefinitely; however, there are limits to how long the collection can be listed on your credit report and there exists a statute of limitations with regards to lawsuits.  So, a debt [...]

Hi Paul: I’m a lawyer in California who provides TILA audits and rescission representation for homeowners. I offer affordable flat fees: only $500 to review up to two sets (for a 1st and 2nd loan) of loan docs. If I find a violation that allows the client to rescind, and if the client decides to rescind, [...]

Hi Paul. I just went through a short sale, and through your advice was able to get a full release of liability. Thank you! The short sale has now reported on my credit as settled for less than the full amount, and showed one 30-day late payment. I expected this to ruin my credit, but surpringly, this [...]

I have a phantom loan with Countrwide. I never closed escrow, they show the loan somewhere on my credit; they contact me to refi. How do I get the loan off my credit history? Jackie ———– Hi Jackie, Send a certified mail return receipt requested (CMRRR) dispute to the credit reporting agency (CRA) and advise them that they are reporting [...]