What is the name of your state? Florida
My wife and I filed bankruptcy in 2005 pro se and received our final decree on 11/01/2005. Later in June of 2006 we were served with notification that CitiMortgage had filed for foreclosure on our home. After the bankruptcy my wife had trouble finding steady employment (her losing her job is what sent us to the bankruptcy court in the first place). We fell behind in our mortgage payments. We were 3 payments behind when I sent in a mortgage payment minus the escrow portion. (We found out several months later they had never posted this payment because they considered it a partial payment and did not apply it to our loan. Instead it just sat in their possession) Thus they considered us 4 months behind and started foreclosure proceedings without a word to us.
In desperation we sought help at Consumer Credit Counseling Service. To make a long story short, they helped us out (thanks Renee!). It turns out that since we have an FHA loan, there were certain things that CitiMortgage was supposed to do that they didn't. With help from Renee and financial help from FHA we got to keep our home and we have been making timely payments since June 2006.
Recently I went to my Credit Union to see about a car loan. With the wife back in a good job it was time to get her some reliable transportation since she lost her good car in the bankruptcy. The loan officer was looking at my credit report. On my loan application I had put the mortgage payment. The loan officer said that it was not showing on my credit report and that it should be. I thought so too.
When I got home I gave CitiMortgage a call and asked why it wasn't reporting my loan to the credit bureaus. I was told that since I did not sign a reaffirmation agreement, they did not report the loan. I was given no reason why. I was just told that it should have been done during the bankruptcy. I asked if I could do it now and was told that they would not do that. ( I could swear that at our creditors meeting, which no one showed up to, that we mentioned that we had planned on keeping our house)
Now comes my questions (finally). Is there truly nothing I can do about reaffirming this loan? Should I care about reaffirming this loan? I don't think I'll be moving anytime soon (voluntarily). The person I spoke to at CitiMortgage said there was no problem as long as I keep making payments. I don't trust CitiMortgage. They screwed up before and they'll do it again. I've read many CitiMortgage horror stories online. Any advice would be greatly appreciated. Just seems that such a significant debt should be reported on my credit history.
Thanks in advance for your replies.
-Larry
My wife and I filed bankruptcy in 2005 pro se and received our final decree on 11/01/2005. Later in June of 2006 we were served with notification that CitiMortgage had filed for foreclosure on our home. After the bankruptcy my wife had trouble finding steady employment (her losing her job is what sent us to the bankruptcy court in the first place). We fell behind in our mortgage payments. We were 3 payments behind when I sent in a mortgage payment minus the escrow portion. (We found out several months later they had never posted this payment because they considered it a partial payment and did not apply it to our loan. Instead it just sat in their possession) Thus they considered us 4 months behind and started foreclosure proceedings without a word to us.
In desperation we sought help at Consumer Credit Counseling Service. To make a long story short, they helped us out (thanks Renee!). It turns out that since we have an FHA loan, there were certain things that CitiMortgage was supposed to do that they didn't. With help from Renee and financial help from FHA we got to keep our home and we have been making timely payments since June 2006.
Recently I went to my Credit Union to see about a car loan. With the wife back in a good job it was time to get her some reliable transportation since she lost her good car in the bankruptcy. The loan officer was looking at my credit report. On my loan application I had put the mortgage payment. The loan officer said that it was not showing on my credit report and that it should be. I thought so too.
When I got home I gave CitiMortgage a call and asked why it wasn't reporting my loan to the credit bureaus. I was told that since I did not sign a reaffirmation agreement, they did not report the loan. I was given no reason why. I was just told that it should have been done during the bankruptcy. I asked if I could do it now and was told that they would not do that. ( I could swear that at our creditors meeting, which no one showed up to, that we mentioned that we had planned on keeping our house)
Now comes my questions (finally). Is there truly nothing I can do about reaffirming this loan? Should I care about reaffirming this loan? I don't think I'll be moving anytime soon (voluntarily). The person I spoke to at CitiMortgage said there was no problem as long as I keep making payments. I don't trust CitiMortgage. They screwed up before and they'll do it again. I've read many CitiMortgage horror stories online. Any advice would be greatly appreciated. Just seems that such a significant debt should be reported on my credit history.
Thanks in advance for your replies.
-Larry
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