New Jersey is the state.
Hey, first off I would like to thank anyone for helping me out. I cannot afford a lawyer at this point so I am trying to resolve this matter before it reaches the courts. Even though I know that's not what debt collection lawyers want.
Anyway, I own a commercial property, and while switching banks I did not successfully set up automatic payment system and did not follow up with that. I am on paperless billing so I found out that information from a court order that I received from a debt collection lawyer firm. When I got the first notice in the mail, I called the bank and asked what the situation was, and they told me to make a payment of $____. I went in and made that payment, but that amount was returned to me a week or two later. Then I was handed a subpoena. I attempted to call the Bank's customer service and they are willing to resume the loan as per agreement, however the court order still stands.
I tried to reach out to the lawyer and he provided me with little to no information about the case and what the issues are. He mentioned that the taxes on the property weren't paid fully. I'm not sure if he meant property taxes or any other balance, so I looked up the remaining balance on my property, and it was paid in full. I emailed him with proof of that payment and also mentioned that I'm not sure what payment he was referring to, but the taxes are paid.
"This matter is still under review, but there are two outstanding real property tax certificates against the property. In any event, I believe will be seeking repayment in full and I would suggest that the Borrower start the process of seeking alternative financing. Thanks"
I ended up calling in the county and found out some more information about what he meant by that. The lien / tax certificates against the house was paid as well, but because of not handing the paper work to the clerks office, may have remained as outstanding.
I wanted to know what I can do to resolve this matter without going to court. What my fees are compared to getting a affordable attorney. The bank mentioned that once case goes to debt collection, we would have to deal with them and come to terms with them to reinstate the loan. Any information regarding this issue would be greatly appreciated, Thanks again in advance.
Hey, first off I would like to thank anyone for helping me out. I cannot afford a lawyer at this point so I am trying to resolve this matter before it reaches the courts. Even though I know that's not what debt collection lawyers want.
Anyway, I own a commercial property, and while switching banks I did not successfully set up automatic payment system and did not follow up with that. I am on paperless billing so I found out that information from a court order that I received from a debt collection lawyer firm. When I got the first notice in the mail, I called the bank and asked what the situation was, and they told me to make a payment of $____. I went in and made that payment, but that amount was returned to me a week or two later. Then I was handed a subpoena. I attempted to call the Bank's customer service and they are willing to resume the loan as per agreement, however the court order still stands.
I tried to reach out to the lawyer and he provided me with little to no information about the case and what the issues are. He mentioned that the taxes on the property weren't paid fully. I'm not sure if he meant property taxes or any other balance, so I looked up the remaining balance on my property, and it was paid in full. I emailed him with proof of that payment and also mentioned that I'm not sure what payment he was referring to, but the taxes are paid.
"This matter is still under review, but there are two outstanding real property tax certificates against the property. In any event, I believe will be seeking repayment in full and I would suggest that the Borrower start the process of seeking alternative financing. Thanks"
I ended up calling in the county and found out some more information about what he meant by that. The lien / tax certificates against the house was paid as well, but because of not handing the paper work to the clerks office, may have remained as outstanding.
I wanted to know what I can do to resolve this matter without going to court. What my fees are compared to getting a affordable attorney. The bank mentioned that once case goes to debt collection, we would have to deal with them and come to terms with them to reinstate the loan. Any information regarding this issue would be greatly appreciated, Thanks again in advance.