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Old 10-12-2008, 12:36 AM
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Join Date: Oct 2008
Posts: 4

wrongful foreclosure

What is the name of your state (kentucky)?
Can a company foreclose on your property if their name is not on the original note,mine was sold to another company but they are tring to foreclose in the original lenders name.
also the original lender said their note should state released on my credit reports it has closed.

Can i file a case agaisnt them under the fair debt collection act

Thanks In Advance
Teopaige
  #2  
Old 10-12-2008, 12:01 PM
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Join Date: Jan 2003
Posts: 19,149
Quote:
Originally Posted by teopaige View Post
What is the name of your state (kentucky)?
Can a company foreclose on your property if their name is not on the original note,mine was sold to another company but they are tring to foreclose in the original lenders name.
also the original lender said their note should state released on my credit reports it has closed.

Can i file a case agaisnt them under the fair debt collection act

Thanks In Advance
Teopaige
The loan should state released? Why? WAS it paid off in accordance with their payoff letter?

An assignee has the legal right to foreclose on a loan if it is defaulted.
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