- Report: #264418
Report - Rebuttal - Arbitrate
Complaint Review: Litton Loan Servicing, LP.
Litton Loan Servicing, LP.4828 Loop Central Drive Houston, Texas U.S.A.
Litton Loan Servicing, LP. False Reporting on 1099C form Ripoff Houston Texas
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When I had to file my taxes I had gotten a form in the mail from LLS and was not sure what it was. I went to H&R Block to get my taxes prepared and found out the 1099C form was a to show the loss LLS took from my short sale and I would have to claim that amount as income on my taxes. The problem is the amount LLS had in the form was $18,000 even though my short sale was about $3,000. I put my taxes on hold and contacted my realitor and she contacted the closing agent we calculated all the fees and even estimated high and could still only figure the loss for LLS to be about $5,000. Since then my realitor, closing agent, and I have all tried contacting LLS about it and have gotten nowhere. They told me that I would have to file with the grievance department so asked to be transfered and they told me they cant because there is no phone in that department. My realitor talked to some other individuals in the company and got similar answers. I had to file for an extension on my taxes and I am going to see if the IRS can help in anyway.
This report was posted on Ripoff Report on 07/31/2007 03:38 PM and is a permanent record located here: http://www.ripoffreport.com/r/Litton-Loan-Servicing-LP/Houston-Texas-77081-2226/Litton-Loan-Servicing-LP-False-Reporting-on-1099C-form-Ripoff-Houston-Texas-264418. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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