Posted on: 26th Jan, 2011 03:32 pm
My mortgage lender told me that my account had been charged off and that it was now in collections. The collection company told me I could make payments or make a lump sum payment. When I asked if I just made payments to them could I still keep the house, they said yes and the deed would be turned over to me when the account was paid off. Am I getting the truth?
I would talk to your mortgage company because that doesn't sound right from the collection company.
What bank was this?
What bank was this?