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Credit report question


Credit report question

My Chapter 7 bankruptcy was discharged in 2009 and didn't  keep my house (I moved out at that time).  I just checked my credit report and my loan has been transferred to Ocwen.  My credit report says discharged in chapter 7 bankruptcy but in the comments section it says forclosure proceedings started.  Can this be reported this way??? 



And yes after the 3 years they have never foreclosed. 

Regular Contributor


If foreclosure proceedings were not started, then no, they cannot report that. You would have been notified if that was the case. Did you file a change of address when you moved? What became of the home? OWCEN is awful, I had an account with Litton that was paid off when we sold our house. Somehow, our paid off loan was transferred post BL to them, and even though I never once had OWCEN as a loan company, they still report 2 negatives on my credit. I have thought about sueing them, as I have even wrote letters directly to them with no reply. And they validate every dispute. They are hopeless. 

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