@Anonymous wrote:
I have no idea as well but it's been almost 4 years and still have it .....at times throughout the year Santander sends me letters saying to call to resolve the issue but at the time when I was not working I would just ignore them but now I'm waiting to get one to call them but if I do what's a good amount to offer to settle with them?
I'm not versed enough in repossessions to help here. I believe though you should put all your finances in order and as suggested before, pay off all your collections or chargeoffs prior to getting a mortgage. Personally, I'd also make sure to have sufficient cushion in savings prior to getting a mortgage.
The $706 is the most recent one and should be fairy easy for you to resolve it. I'll continue with the other two and try to do PFD (Pay for Delete) to get those collections removed. As for the $12,000 charge off on the loan vehicle, that should have triggered a repossession so I'm not sure how to handle that one since it's been 4 years since you stopped paying it.
