Is it legal for a second mortgage company to report an outstanding balance to the credit bureau after they sold the loan?

The bad account can be reported by both the original creditor and debt collectors for up to 7.5 years from date of your default on it. Settling...

It will make your credit report inaccurate, if you have false accounts on it and bogus CPN numbers assigned to you. Why would a bank want to lend...

Can the criminal history of my husband affect my or my daughter background or credti?

Credit reporting agencies are required by both the state and federal fair credit reporting acts to have reasonable procedures to ensure maximum...

Question re Responding to Request for Admission from Debt Collector in a California Limited Civil Case.

A response to their discovery is not the opportunity for you to ask for things. Remember, you are under oath. You would need to serve a separate...

Yes, they can in California. However, you can have a judge review this to ensure that it does not leave you out in the cold, which is not the point...

What can I do if my debtor stops cashing my checks

I would need more information about the company to which you owe the money and what payment arrangement they previously agreed. There are some...

I recently received a summons from a collection atty firm for a credit card sum that has been agreed to pay for thru this firm.

Provided that you have something to show your agreement and compliance with the terms (which your posting indicates), the lawsuit should be...

Vountary Repossession

The description sounds to me as though the police impounded it as abandoned on the road or towed from a parking lot to a tow yard. You have the...

How do you go about clearing a bad check if bank account has been closed?

Unless you have lots of money burning a hole in your new bank account, please reconsider your view of going back to take care of these old,...

Credit repair question

You should give TU the full 30 days to respond before you decide your next move. They have 30 days from the date they received your dispute, and it...