- This topic has 155 replies, 18 voices, and was last updated 15 years, 1 month ago by
92027_guy.
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March 9, 2009 at 12:02 PM #363285March 9, 2009 at 12:31 PM #362701
macromaniac
Participant92126,
So they sold your purchase money second to a collection agency? Did you sign a cancellation of debt on the second when they approved the SS?
The sad thing is people think they are out of the woods on these deals but the banks, as we know, will calculate every way possible to make money.
Even more of a reason to try to get someone experienced to review these documents.
March 9, 2009 at 12:31 PM #362994Participant92126,
So they sold your purchase money second to a collection agency? Did you sign a cancellation of debt on the second when they approved the SS?
The sad thing is people think they are out of the woods on these deals but the banks, as we know, will calculate every way possible to make money.
Even more of a reason to try to get someone experienced to review these documents.
March 9, 2009 at 12:31 PM #363147Participant92126,
So they sold your purchase money second to a collection agency? Did you sign a cancellation of debt on the second when they approved the SS?
The sad thing is people think they are out of the woods on these deals but the banks, as we know, will calculate every way possible to make money.
Even more of a reason to try to get someone experienced to review these documents.
March 9, 2009 at 12:31 PM #363186Participant92126,
So they sold your purchase money second to a collection agency? Did you sign a cancellation of debt on the second when they approved the SS?
The sad thing is people think they are out of the woods on these deals but the banks, as we know, will calculate every way possible to make money.
Even more of a reason to try to get someone experienced to review these documents.
March 9, 2009 at 12:31 PM #363295Participant92126,
So they sold your purchase money second to a collection agency? Did you sign a cancellation of debt on the second when they approved the SS?
The sad thing is people think they are out of the woods on these deals but the banks, as we know, will calculate every way possible to make money.
Even more of a reason to try to get someone experienced to review these documents.
March 9, 2009 at 12:37 PM #362716TheBreeze
Participantmacromaniac,
Do you think the OP’s short sellers still have a high credit score because their $100K in debt wasn’t cancelled, it was just sold to someone else?
March 9, 2009 at 12:37 PM #363009Participantmacromaniac,
Do you think the OP’s short sellers still have a high credit score because their $100K in debt wasn’t cancelled, it was just sold to someone else?
March 9, 2009 at 12:37 PM #363162Participantmacromaniac,
Do you think the OP’s short sellers still have a high credit score because their $100K in debt wasn’t cancelled, it was just sold to someone else?
March 9, 2009 at 12:37 PM #363201Participantmacromaniac,
Do you think the OP’s short sellers still have a high credit score because their $100K in debt wasn’t cancelled, it was just sold to someone else?
March 9, 2009 at 12:37 PM #363310Participantmacromaniac,
Do you think the OP’s short sellers still have a high credit score because their $100K in debt wasn’t cancelled, it was just sold to someone else?
March 9, 2009 at 12:43 PM #362730SD Realtor
Participant92126 I had a former client who did the same thing with his La Costa home. The action did indeed stop the trustee sale and the BK went through. The court ordered sale is underway.
March 9, 2009 at 12:43 PM #363024Participant92126 I had a former client who did the same thing with his La Costa home. The action did indeed stop the trustee sale and the BK went through. The court ordered sale is underway.
March 9, 2009 at 12:43 PM #363178Participant92126 I had a former client who did the same thing with his La Costa home. The action did indeed stop the trustee sale and the BK went through. The court ordered sale is underway.
March 9, 2009 at 12:43 PM #363216Participant92126 I had a former client who did the same thing with his La Costa home. The action did indeed stop the trustee sale and the BK went through. The court ordered sale is underway.
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