We believe that Homecomings Financial and their affiliated company Resurgent Capital Services are gouging the equity in our home.
Three years ago we filed Ch 7 due to the loss of a small business. We had taken out a second mortgage with Homecomings the previous year. We did not reaffirm the second mortgage. However, they never stopped harassing us and threatened us with foreclosure.
Homecomings at that time offered to work with us on a payoff amount if we would sell our house which at the time was not an option for us. They also offered to lower our payment and if we made the payment on time for a year they would lower our interest rate by 1%. Well, that was 2 turnovers ago (Homecomings gave/sold our account to 2 other "collection agencies". There was never any written exchange for adjustment so now it seems we do not have a leg to stand on.
The problem is that now that there is actually a sellers market we are wanting to sell our house. When we called Homecomings/Resurgent about our payoff they told us that we owe 8000.00 over the original note and interest in accruing daily on the account because we are delinquent.
Our attorney advised us to request a Qualified Written Request from Homecomings/Resurgent which is basically an itemized statement of all activity on our account. Our attorney told us that companies such as Homecomings will often add fees for stupid things like sending someone to drive by the residence to make sure someone is still living in the house. Those type charges are illegal.
Homecomings has 20 days to send the itemized statement back. If they don't then we may have some footing.
We will post the results.
Thanks to all who make this site possible and for helping all of us who are struggling against companies such as Homecomings.
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