Wilshire Credit Corporation
Filing Frivolious 1099-C's against people who have been granted Chapter 7, No Asset Bankruptcys Ripoff

Wishire submitted a frivolious 1099-C to the I.R. S when we were granted a Chapter 7, No Asset Bankruptcy.

We aren't sure "how" they did it. But according to the I.R.S. The paperwork might have been "back-dated". To 12-31 last day of the year.

Wilshire wasn't even the company we owed money to, it was Ocwen Bank (a known preditory leader in the state of Oregon) for second unsecured mortgage. Ocwen hired Wilshire to "go after" us.

When we informed Ocwen (year 2004) that we were filing a Chpater 7, No Asset Bankruptcy. They turned around and hired Wilshire within a couple of months. We received only one letter from both Ocwen and Wilshire, (year 2004) and heard nothing more from them.

A year later we filed our legal Chapter 7, No Asset Bankruptcy and it was granted (year 2005) under old/former bankruptcy laws (prior to George Bush reforms) All of our debts were wiped out, except our student loans.

We have proof that both Ocwen and Wishire were notified by the Bankruptcy court, because Wilshire sent us a letter directly 15 days after our filing (July 5). We have been told that the letter they sent to us, is a $10,000 dollar fine for directly contacting us. Futher more, they never appeared at the Meeting of the Creditors. (neither did Ocwen)

We have been advised by a para-legal that we have a very good case for a serious lawsuit against Ocwen and Wilshire for contacting us after filing, and filing the frivolious 1099-C to the I.R.S.

Company: Wilshire Credit Corporation
Country: USA
State: California
City: Los Angles
Phone: 8885020100
Site: wcc.ml.com

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