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  #1  
Old 04-22-2008, 09:53 AM
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Join Date: Apr 2008
Posts: 2

Foreclosure/died in lieu


Last year on sept. my property was foreclosured by a law officce i belive hired by the mortgage company even if well prior to that I've filled and was approved for a Died in lieu.
Of course my credit was affected big time.
At that time I did not know exactly what to do.
Yesterday I've received a letter from the same Law officess statting that they filleda motion to vacate foreclosure sale because prior to that I've filed a Died in Lieu and the undersigned counsel was not notified.
Looks to me that somebody droped the ball and now my credit suffer from that.
Is it anything that I can do to in this situation?How can I advise the credit bureau about that? is my mortgage company liable in any way for the screw up?
Thank youWhat is the name of your state?
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  #2  
Old 04-22-2008, 09:58 AM
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Location: OHIO
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When posting a question, you must include the name of your state!
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  #3  
Old 04-22-2008, 11:23 AM
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Join Date: Feb 2002
Posts: 435
You are able to dispute erroneous info on your credit report:

[url]http://www.ftc.gov/bcp/edu/pubs/consumer/homes/rea10.shtm[/url]

scroll down to the part on credit reports...
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Old 04-22-2008, 01:52 PM
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Join Date: Jan 2003
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Wait. YOU filed a Deed-in-Lieu?

Or did they agree to accept a DIL? A DIL doesn't relieve you of any liability unless the lender AGREED to accept the DIL and waive any deficiency. You can't just go on your OWN and do one. especially if their counsel has not run title, and the bank has not agreed.
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  #5  
Old 04-22-2008, 11:50 PM
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Join Date: Apr 2008
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Sorry, the state was FL and yes the lender accepted a deed in lieu but "forgot" to advise the legal counsel.
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