We refinanced our house last month and the new mortage company was supposed to pay-off the old one (Ocwen). Well, we have been getting calls from Ocwen with the recorder saying that they need to talk to us. Yesteray we got a letter saying that if we didn't pay, they were going to foreclose. My husband called them and told them that they were paid off a month ago, and they put him on hold and came back saying that they returned the check, because the amount was not enough (!!!??) We are not responsible for their clerical errors and the mortgage broker used the information that wwas given to him by them.
Can they now come and foreclose our house? We called the broker and he said that Ocwen is lying because they never returned the check. Not that it is any of my business, since its between them, right?
Can we lose our house?
By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.