Sentences with phrase «lender has on file»

Not exact matches

In February, the agency filed a lawsuit against RD Legal Funding LLC, alleging that the lawsuit lender had scammed 9/11 responders by paying high - cost advances on settlement payouts and lying about the terms of the advances.

Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.

(Reuters)- Electronics retailer RadioShack Corp RSHC.PK filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder.

The lender with the oldest UCC - 1 filing position is considered to have the highest «priority» in relation to claim on the asset (s).

Your business credit report will indicate if a lender you've worked with put a UCC filing on your report, and whether or not it's still there.

Industrial Bank, a midsize lender, said on Monday in a filing to the Shanghai Stock Exchange that it had halted some types of property loans until the end of March, when it will unveil new policies.

Demand from retail investors - who have a significant influence over first - day trading in Hong Kong share offerings - accounted for 0.45 times the number of shares on offer in the deal, the lender said in a securities filing on Monday, underscoring weak appetite for the deal.

If the Lender denies your request for credit, and that action is based in whole or in part on any information contained in a consumer credit report, you have the right to obtain, within sixty days, a free copy of your consumer credit report from the credit reporting agency which compiles and maintains files on consumers on a nationwide basis.

Through its website or by calling directly to 1-615-741-2236, consumers who have a problem with a financial institution or lender can file a complaint, report a potential scam, and get direction on what to do if they can not get the matter resolved on their own.

The United States consumer protection agency has tips based on multiple situations for these borrowers who must be aware of what to expect in the mortgage market in today's lending environment: If your lender files for bankruptcy after the closing of your loan: Mortgage loans and the rights to service them are often purchased and sold.

For example, many lenders will reject you if you have applied for more than five cards in 24 months, even if you have a really good credit score on file.

1) Seller takes out a home equity loan on the property 2) Decides to sell the house to another person 3) Files for bankruptcy protection (if he does makes sure he excludes the property) If the seller has a current mortgage on the house we recommend financing the property in your name with a lender within two years.

Katrina's lender is listed on the NASDAQ, pulls in a half - billion in revenue annually, and has over 1,000 storefront locations in the U.S. Known for aggressive collection practices, the company files thousands of garnishment lawsuits yearly.

Despite what you may have heard, filing for bankruptcy does not necessarily permanently stop a lender from foreclosing on your home.

The odds are significant that if you simply listed the private student loan lender on your bankruptcy papers and filed them then the loan would not be automatically discharged.

If your lender is slower at reporting monthly transactions, this can have a significant impact on how other lenders may view your file.

Lenders who have already filed to foreclose on your home are only temporarily stalled, and other debts such as mortgage liens can be collected after the case is concluded.

As long as you are current on your payments your mortgage lender can't cancel or change your mortgage terms just because you filed a consumer proposal or bankruptcy however you may still find that the bank's computer has put a freeze on your bank account.

Also, no lender will want to touch you once they see that you have debt settlement on your credit file.

Staying with the same lender can be advantageous in that the lender will already have homeowners» paperwork and records on file and the lender may be willing to give more favorable terms to homeowners whose business they want to keep.

If you've been pre-approved for a mortgage and learn that the lender has filed for bankruptcy, call to find out if or when the company intends to make good on your loan.

Following a Chapter 13 filing, lenders may want to see that you've made on - time mortgage payments for at least the last 12 months.

First and foremost, see to it that your lenders have your current address on file.

The lender with the oldest UCC - 1 filing position is considered to have the highest «priority» in relation to claim on the asset (s).

Your business credit report will indicate if a lender you've worked with put a UCC filing on your report, and whether or not it's still there.

If any lenders have set the default date on your credit file after your bankruptcy order, complain to them and ask them to correct it.

If you want to take out a loan, lenders can access your credit file to see if you've defaulted on accounts or made late payments to them.

If you have a good payment history with that lender, the lender may be able to look past other delinquent debts on your credit file.

If a title search indicates that the mortgage lien hasn't been released, your lender may not have yet filed, doesn't intend to file because you still owe money, or it will not file the lien release on your behalf — you must do it.

«In some cities that have low property values, where there are dense concentrations of foreclosures, you see lenders who file foreclosure proceedings but don't actually take control of the properties, because the lenders have to maintain them and pay taxes on them.»

There is no credit check or credit inquiry, which means that lenders with all types of borrowing histories qualify to receive this loan, even those who have had bankruptcy, repossession, and even foreclosures noted on their credit file.

They can look at issues such as why a lender or credit reference agency has not corrected information on your file, or where a credit reference agency has refused to add a notice of correction.

Soft search — this is the best type, as you can see it on your file, but lenders can't so it DOES N'T have any impact on your ability to get future credit products (like mortgages).

Since National Cash Credit lenders do not ask for copies of your tax returns and do not file your taxes for you they must set your repayment date to be on your pay date and it is up to you to file on time to have your refund in your bank account by the time the loan is due.

Once your bankruptcy is over and the ashes have settled, your first course of action should be to check your credit record to make certain that the lenders and creditors that were named in your bankruptcy are listed as discharged on your credit file.

First off, he saw something on his credit file he simply couldn't recognize and he had a credit report from his lender he was having trouble deciphering it.

So if a chapter 7 debtor does not stay current on a car loan after filing, the lender has the ability to repossess the vehicle after the debtor has received her discharge.

Those who have missed payments or paid late, defaulted on a loan or credit card, filed for bankruptcy in the past, etc. usually present a stained credit report that scares lenders away.

FICO, the company that provides credit scores most lenders use, has stated that it will count all student loan refinancing applications filed during a 30 - day period as only a single hard inquiry on the applicant's credit report.

First, you are asked on the loan application if you have filed for bankruptcy before, and if you lie you can be charged with loan fraud (plus, what lender will lend to someone who lied on the application??? NONE).

As Krebs reports, «While lenders and service providers are supposed to seek and obtain your approval before granting credit in your name if you have a fraud alert on your file, they're not legally required to do this.»

The minimum amount of payment required depends on the debtor's income, balance, and the amount that unsecured lenders would have been paid if the former had filed for Chapter 7 bankruptcy.

On the contrary, when you neglect to pay your signature loan, you may be forced with having to file bankruptcy so that your personal belongings can be liquefied and the lender paid.

By Sara Gilbert The number of foreclosure filings are on the increase in many areas in the country. Some mortgage lenders may have held off on the filing of a foreclosure, and just now they seem to be taking action to begin the foreclosure process with more homeowners.   The good news is many of those filings actually will never become a full blown foreclosure with the homeowner losing the home... Read More

However, some consumers do file for bankruptcy while still current on credit card bills, and it makes sense that a lender would want to keep open the option of taking away any remaining points in that situation, he says, if the cards are closed or the balances wiped out in bankruptcy.

In Mortgage Express v Sawali, in Birmingham High Court on this week, Judge Simon Brown QC ordered the files to be delivered up to the lender so that they could see whether the advance was part of a sub-sale or back - to - back transaction.

I also had a hard money lender on standby, who if I need them to, can close in 48 hours and will work on a file over the weekend.

«Lenders have hired more staff, developed more structured escalation policies, and in a few notable cases adopted technology platforms, all intended to improve the quality of their work on short - sale files,» says default - industry consultant Scott Thompson of Sacramento, Calif. «Nevertheless, approval timelines are sometimes so long that it's difficult to hold a transaction together.»

Following a Chapter 13 filing, lenders may want to see that you've made on - time mortgage payments for at least the last 12 months.

For example, Angel Oak Mortgage Solutions in Atlanta targets the borrower «who has had a life event, so they lost their house or had to file bankruptcy or things got really bad, but they've now got their feet back on the ground and they're ready to buy their next house,» says Tom Hutchens, the lender's senior vice president of sales and marketing.