Comments on: How to deal with Collection Agencies http://debtprison.net/wordpress/48/how-to-deal-with-collection-agencies/ Financial Opinion Wed, 08 Feb 2012 06:39:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ej http://debtprison.net/wordpress/48/how-to-deal-with-collection-agencies/comment-page-1/#comment-13532 Ej Sat, 04 Feb 2012 13:55:31 +0000 http://debtprison.net/wordpress/?p=48#comment-13532 Please if you can help I would gladly appreciate it. I was in the process of buying a house last year good day before the closing, I was told I would not be able to close because I had a judgement against me that was not on my credit report but it was in county records. they urged me to set up payment plans but it turns out even though I did it would have to be paid in full to be able to buy the property so I decided to wait for two years buy a property. I started paying my debt, which is over 7 years old. should I still be paid on this. I understand if I dont I will never be able to buy a house but I don't think I want to anymore. has this reached statute of limitations? Please if you can help I would gladly appreciate it. I was in the process of buying a house last year good day before the closing, I was told I would not be able to close because I had a judgement against me that was not on my credit report but it was in county records. they urged me to set up payment plans
but it turns out even though I did it would have to be paid in full to be able to buy the property so I decided to wait for two years buy a property. I started paying my debt, which is over 7 years old. should I still be paid on this. I understand if I dont I will never be able to buy a house but I don’t think I want to anymore. has this reached statute of limitations?

]]> By: Robert http://debtprison.net/wordpress/48/how-to-deal-with-collection-agencies/comment-page-1/#comment-13419 Robert Tue, 13 Dec 2011 17:29:47 +0000 http://debtprison.net/wordpress/?p=48#comment-13419 Request for help! I was foreclosed on my home because my payments went up and the lender did not want to do a loan modification. I also lost my second job and could not longer afford the loan. I have two mortgages. The first mortgage was with Indimac and the second one was with Citybank. In MN, the state where I live, the first mortgage gets the house and cannot pursue you for their money. However, the second mortgage can. The second mortgage, Citybank, passed my information to a collection agency, and I am starting to get mail requesting the money. My second mortgage is for $45,500. I do not have money to pay them. Any ideas on how to deal with them and what is their process next? I received a second letter today trying to settle the account for ******* **** ****. They are located in Addison TX. Any advice? Thank you. Request for help!
I was foreclosed on my home because my payments went up and the lender did not want to do a loan modification. I also lost my second job and could not longer afford the loan.

I have two mortgages. The first mortgage was with Indimac and the second one was with Citybank.
In MN, the state where I live, the first mortgage gets the house and cannot pursue you for their money.

However, the second mortgage can.
The second mortgage, Citybank, passed my information to a collection agency, and I am starting to get mail requesting the money. My second mortgage is for $45,500.

I do not have money to pay them. Any ideas on how to deal with them and what is their process next?
I received a second letter today trying to settle the account for ******* **** ****. They are located in Addison TX.
Any advice?
Thank you.

]]> By: jim http://debtprison.net/wordpress/48/how-to-deal-with-collection-agencies/comment-page-1/#comment-13408 jim Sat, 10 Dec 2011 00:52:59 +0000 http://debtprison.net/wordpress/?p=48#comment-13408 I have a friend who lives in Kansas and is buying a home,the bank that carried his loan sold it to a collection agen. in return they sent a letter saying if they did'nt get the loan refin. by july they loose the house. All I can find when I try to find this collection agent is nothing. I wanted to by his loan and let them pay me back but I can't find them. Their name is CITADEL FINANCIAL GROUP , 15 W. STRONG ste 11-b ,Penscola Fl. 00003-2501 I need a phone number to call. JIM I have a friend who lives in Kansas and is buying a home,the bank that carried his loan sold it to a collection agen. in return they sent a letter saying if they did’nt get the loan refin. by july they loose the house. All I can find when I try to find this collection agent is nothing. I wanted to by his loan and let them pay me back but I can’t find them. Their name is CITADEL FINANCIAL GROUP , 15 W. STRONG ste 11-b ,Penscola Fl. 00003-2501 I need a phone number to call. JIM

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