Posted on: 16th Sep, 2010 11:12 am
I was behind in mortgage payments. I received a letter from my loan company, Accredited Home Lenders, telling me that my loan had been sold. I called them about making payments (I had a 1st and 2nd) They told me to wait for the new company to contact me with my payment slips. I called my home agent and she confirmed this was common and even told me it was a good thing because I could take the time to catch up. Approximately 30 days later, while I was out of town. A sheriff arrived telling my Relatives that the home was being sold. I got back in time to get a few belongings. The next day my home was sold. I discovered that Accredited foreclosed on my 1st and sold my 2nd to another lender at the same time. I m sure they did something wrong, right? I have found several lawsuits against them. I want this foreclosure removed my credit, do I have any options?
Hi needhelp!
Welcome to forums!
The lender should have given you a foreclosure notice before selling off the property. You should contact your attorney and check out if you can take any legal actions against them. If a foreclosure has taken place, you won't be able to remove it from your credit report. It will remain on your credit report for the next 7 years.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
The lender should have given you a foreclosure notice before selling off the property. You should contact your attorney and check out if you can take any legal actions against them. If a foreclosure has taken place, you won't be able to remove it from your credit report. It will remain on your credit report for the next 7 years.
Feel free to ask if you've further queries.
Sussane