Me and my husband foreclosed early on, in 2007. We had a loan through countrywide and were lied to about how much the monthly payment would be and apparently the loan officer also forged paperwork about our income.
We received a letter yesterday saying that we are a part of a settlement and entitled to at least about $1000 in damages from countrywide, but signing the form releases countrywide of all liability.
My question is... is there another option? If we were to sue them would we be able to get our credit restored? Or would we be better off taking the settlement and using it to work on our credit while we wait on the foreclosure to clear?
Asked by Anonymous at 6:05 PM on Jul. 28, 2009 in Money & Work
Answer by jenree33 at 6:09 PM on Jul. 28, 2009
Answer by Anonymous at 7:27 PM on Jul. 28, 2009
Answer by Anonymous at 7:29 PM on Jul. 28, 2009
Answer by LiliM at 11:47 AM on Jul. 29, 2009
Answer by Mom2Jack04 at 1:09 PM on Jul. 29, 2009
Answer by Anonymous at 5:34 PM on Jul. 30, 2009