Search results

  1. L

    2nd Mortgage Charged Off - Need Help with Settlement

    Ok Erik...that makes sense. I just thought maybe there was something I didn't know about. I think we'll be contacting you at some point to see what can be done about refinancing both. I know you said it has to be in default for 4 years so we have to wait...should we contact you before that...
  2. L

    2nd Mortgage Charged Off - Need Help with Settlement

    Thank you for time on this OneHugeMess. We originally got the HELOC through BOA...Countrywide was never part of it as far as we know. I really want to get the first refinanced but I was under the impression you can't do anything with that as long as we are dealing with this equity line so we...
  3. L

    2nd Mortgage Charged Off - Need Help with Settlement

    Nothing shows as recorded against our property other than the original from BOA and our 1st. Unfortunately, I am not able to sign into my account
  4. L

    2nd Mortgage Charged Off - Need Help with Settlement

    We have never received anything other than from Bank of America...nor does it show up as any other company on the credit report..it is not showing up at all on Transunion but it is on the other 2....both as BOA.
  5. L

    2nd Mortgage Charged Off - Need Help with Settlement

    Thank you AGAIN OneHugeMess. Every month the charge off has shown on our credit, it has only shown the original charged off amount. Once the account was charged off, we never received another statement. If it was compounding interest, would it show on the credit reporting? If not, there is...
  6. L

    2nd Mortgage Charged Off - Need Help with Settlement

    And no, there was no Bankruptcy
  7. L

    2nd Mortgage Charged Off - Need Help with Settlement

    the second is an equity line through Bank Of America for 90k...we have not gotten statements for a long time. It shows up on one of our credit reports but not the other 2 (not sure why that is). We never modified on our house so we are paying 6% on the original 1st mortgage.
  8. L

    2nd Mortgage Charged Off - Need Help with Settlement

    Sorry...that was supposed to say South Florida
  9. L

    2nd Mortgage Charged Off - Need Help with Settlement

    We are in South OneHUgeMess. Our house WAS completely under at the time of charge off 3 years ago but now prices have been going up. Still somewhat under water if you incluse the charged off equity line but inching closer to not. We tried settling before charge off but got nowhere. Trying to...
  10. L

    2nd Mortgage Charged Off - Need Help with Settlement

    Is there nothing to do if not yet 4 years old?
  11. L

    Received Letter From Attorney/collection Office Concerning Heloc After Seven Year In Ny Of No Contac

    Do you find Bank Of America is still settling equity lines that have defaulted? It has been at least a year since their last contact and nothing since their denial to settle with our offer...it's nerve racking. It now shows up on our credit that it is with someone else but it is still them...
  12. L

    Boa Equity..now What?

    on my husbands credit it is no longer showing as bank of america..it is showing Commbank. From what I see online, that would be Commonwealth bank? Has anyone dealt with them? We were expecting BOA to sell the loan but we didn't think it would be to another bank. We have had no communication...
  13. L

    Heloc Loan As A First In Default..... Only Loan On Home.

    Thank you for having this place for everyone to explore and learn from. It makes us feel less alone in all of this.
  14. L

    Boa Equity..now What?

    Thank you despritfreya... We live in Florida We did attain the equity line several years after we bought the house We have not filed for bk Thank you for your time
  15. L

    Heloc Loan As A First In Default..... Only Loan On Home.

    Hi there, I posted in another thread but it is much older than this thread. We are trying to settle our charged off BOA equity line. My husband offered $5,000 for $90k. It is still with BOA's recovery department. She said no way but did say she could do half. My husband is fine just...
  16. L

    Boa Equity..now What?

    Thank you for responding. They did call my husband back and said the best they could do was 50 percent because we owed so much...she said our offer was just so small for such a large amount (we basically offered 5 1/2 percent). So my husband told her "then I guess we have nothing else to...
  17. L

    Boa Equity..now What?

    I recently posted this question at the end of a thread that was last active in 2015 so I thought I would re-post as new in hopes that it may be seen. Thank you so much for any suggestions you may have. Hi there...we are new here and are seeing over and over again in the threads that we have...
  18. L

    Bank of America Second Lien Mortgage Debt Extinguishment Q&A

    Hi there...we are new here and are seeing over and over again in the threads that we have done a big no no and are interested in the "what now" info. We had a $90k equity line with BOA. Our house is worth less than our first and they have charged it off. We are now dealing with their...