Timeline: mid 1999 defaulted on mortgage - no more payments since
Feb 2006 CA (NMRC) contacted and requested settlement. Agreed on $750 for $26k loan. (obviously I didn't know SOL) Received approval for payment and they accepted payment. Did NOT get final letter of settled debt (didn't know back then)
Oct 2006 another CA contacted and requested settlement. I faxed them the letters from Feb and they left me alone.
Sept 2007 another branch of the Oct 2006 CA contacted and requested settlement. Stated and faxed same as Oct 2006 but they wanted final disposition letter. Took 3 weeks, but I got one from NRMC. I faxed to Sept 2007 CA and they're leaving me alone.
Now for the crazy part. Last week I receive a check from NMRC for the $750. After calling them to find out what's up, NRMC states that the rep who made the settlement with me never received OC approval and then he split the company. They never should have taken our money, so they sent it back - almost 2 years later.
Advice? Should I cash the check since if NMRC is telling the truth, the don't have legal right to the $750?
If anyone else asks for payment should I reply they are SoL because the dept is past the FL SOL (5 years) or did my attempt to settle in 2006 reset the SOL start date?
Should I do anything with the OC to ensure the debt is off the books?
Since this debt is NOT on any of the CRA's should I do anything at all if I don't get a court summons?
Or should I just hire an attorney to straighten this all out?
You guys have been great in helping others - I hope you can point me in the right direction. I fully understand your advice is not legally binding, just looking for suggestions from people with knowledge and experience (Tuscan and Dog).
In Recovery - Greg
Message Edited by FAKO_Junkie on
11-08-2007 06:41 PMMessage Edited by FAKO_Junkie on
11-08-2007 06:43 PM
11/14/07 TU 567 - EQ 561 - EX 577
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