my chapter 13 was dismissed last june and i’ve only heard from two creditors. i have a truck loan with wells fargo and they have not sent me bill or even tried to contact me. does this mean that my truck is free and clear?
I have a personal loan with wells fargo bank that has been charged off. Its for 00,and the account if 4 years old. I am planning on sending them a settlement offer. However, I can decide if I should settle and delete, or settle and have them mark it as paid as agreed, removing the ‘charge off’ comment. I am working on rebuilding my credit, and I have plunty of time to wait it out with the settlement to get what i want. Since this is a bank personal loan, i just wonder if it would be better left on my credit report as paid, rather then deleted all together.Please advise. Thanks!
Looking at my creidt report again, i see that it doesnt say charged off (sorry, that was a DIFFERANT collection we are working on). But let me try and explain this situation a little better….
This is my husbands debt that we are trying to fix. I would love to wait for the SOL to expire, but are are working towards buying a home next year, and just cant wait another 3 years for this to fall off. This was a joint loan his grandpa co signed on with him. His grandpa has since filled bankruspty. So now on my husbands report it shows the account with a zero balace….strange… It doesnt say paid, collection, charged off, or anything. So I really dont understand what it is now. Was it paid by the bankrupsy, or is it still owed by my husband? Help!
oh, and one more thing too…. this loan was origionally opened on 8/2006- last payment made was 8/2007. so when would the SOL be? 8/2012, or 8/2013?
First they broke the Heppa Law, showed me my parents accts, in a private office on a computer.2nd,I filed for perm disability,they were to stop my automatic transfer of funds to a savings(you cant have a savings going through filing)the bank did not took them 6 mo. I went without an income due to there error.3rd, this caused my credit card accts to fall behind, I could’nt get caught up4th I started a re-fi with Wells Fargo ( my house is with them)I had a 785 Fico at this time.Long story they backed out,after stating I had the re-fi no problem I have the paperwork to prove this.I now have a judgment from a credit card co,my income went from 65,000 to 12000 a yr.I now have to pay to go bankrupt so I do’nt loose my house which is paid off in 7 yrs.
Here’s my problem… I am 22 years old, and I went to college for 2 years. during that time I racked up some pretty large bills that I couldn’t handle. I have about 7500 dollars charged off and in collections from credit cards. 2200 of that I have a judgment against me for and they said that they could garnish my wages soon if I don’t pay it off. I had a repossession 14 months ago and owe Wells Fargo ,000 to pay it off. Last but not least, I subleased an apartment to a stranger 2 years ago and I moved out of town. Now I have found out that that person stopped paying the rent and that because I subleased the apartment I am responsible for the rent that was not paid which come out to about 00. So, all together I owe about ,000. I have called all of the creditors and asked what it would take to settle. After calculating that all up it comes out to about ,000. The only thing I have paid perfect is 2 student loans and that’s it. I have no car and I cant get a car loan. I have been rejected for an apartment because of the judgment on the sublease issue. Basically, I am better off dead but I cant bring myself to do that. So I have to decide what to do….Is bankruptcy the way to go?
My mother is currently renting a home, and has been renting this home for a long while (Upwards of 10 years). She recently got a letter from her landlord stating that he is quite sure he will lose the house to the bank in the bankruptcy he is going through. He is not sure if she will be evicted, if they will just sell it to someone else and still let her live there while selling it, or of any other details that would benefit my mother greatly. The bank is a subsidy of Wells Fargo. I would like to know that, if her landlord loses her house, will the bank evict her after this month is past (She has paid rent for this month, and it is due again on the 1st of May), or will they continue to let her live there? If they do evict her, how long of a warning would she get before she has to vacate? She is interested in moving to an apartment complex, because her rent is 0 a month, and she is living off of social security payments right now with my two sisters, who are 15. She wants a lower rent, and the house she lives in is quite old and very out of date (1970s style throughout the house). I am afraid if the home is sold her rent will go up because of a re-assessment of the property value. What should I know about this situation that I can use to make sure my mother does not get evicted with only 24 hours of a notice?