Laineyisat
Junior Member
What is the name of your state (only U.S. law)? Indiana
We used to own a property that had a little apartment in front that we rented out. We sold the property in 2004. Apparently, I assumed that the new owner would put an automatic landlord revert in place - taking the place of mine. I don't remember if we talked about it or not. It wasn't a simple transaction - they had a horrible time getting their loan approved and it ended up being stressful for everyone! Anyway, fast forward to 2012. A collection account shows up on my credit - actually two different bills; one from Dec. 2011 and one from sometime in 2010. I have contacted the company and was directed to fax a letter canceling the auto landlord revert and asking them to call me as I am eager to clear this up. I NEVER received any bills for this and I need to have it cleared off of my credit. Do I have any recourse??? How should I approach them when they call?? One bill I can understand. But why did they allow another bill the following year after the first one wasn't paid????? Don't they have some responsibility in this matter??? They can't just keep running up bills that aren't getting paid with no contact to the person on the account that they are charging!!! Any advise???? Thanks....
We used to own a property that had a little apartment in front that we rented out. We sold the property in 2004. Apparently, I assumed that the new owner would put an automatic landlord revert in place - taking the place of mine. I don't remember if we talked about it or not. It wasn't a simple transaction - they had a horrible time getting their loan approved and it ended up being stressful for everyone! Anyway, fast forward to 2012. A collection account shows up on my credit - actually two different bills; one from Dec. 2011 and one from sometime in 2010. I have contacted the company and was directed to fax a letter canceling the auto landlord revert and asking them to call me as I am eager to clear this up. I NEVER received any bills for this and I need to have it cleared off of my credit. Do I have any recourse??? How should I approach them when they call?? One bill I can understand. But why did they allow another bill the following year after the first one wasn't paid????? Don't they have some responsibility in this matter??? They can't just keep running up bills that aren't getting paid with no contact to the person on the account that they are charging!!! Any advise???? Thanks....