Q: Mortgage company wrongfully put balance on credit report.
My home went into foreclosure in 2020 and I sold it 2 weeks into the redemption. I got a 1099-s, discharge of mortgage from the vice president of the company and a closure of account. I also walked away with a check from the sale. I am being told that I have a $26,000 balance on my credit report from this company they have never notified me of it nor give me a broke down. It is been affecting me for over two and a half years saying I owe this but have never actively tried to collect this amount. They've said the debt was not real and that it would be removed which it was for a year and when I tried to apply for a home in January of 2023 it came back and I filed a complaint with the cfpb company then said it was real but refuse to tell me what it was for. If I have proof the house sold is this debt voided and can it be removed? They also told me I was never supposed to receive a discharge of mortgage and it wasn't recorded right. Credit bureaus all are reporting it differently.
A:
This is FAR more detailed and complicated than can be properly dealt with in a public forum like this.
At a minimum, your attorney will need to see all the written documents (like that 1099 and discharge of mortgage) and look at the documents recorded with the register of deeds.
If you find someone willing to provide ‘advice’ without reviewing the paper trail they will likely not be providing good advice.
You are going to need to have your ducks in a row to challenge the credit report and the longer you wait the harder that becomes.
Please consult with a local licensed attorney ASAP to discuss.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.
