• Report: #860303

Complaint Review: Litton Loan Svc

  • Submitted: Tue, March 27, 2012
  • Updated: Mon, March 11, 2013

  • Reported By: confusedabit — oregon city Oregon United States of America
Litton Loan Svc
po 24737 west palm beach, Florida United States of America
  • Phone: 18007462936
  • Web:
  • Category: Banks

Litton Loan Svc LLS 1099-c ripoff Debt cancelled then not cancelled ripoff then loan sold west palm beach , Florida

*Consumer Comment: Ocwen 1099-c

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

Late august 2011 I recieved a 1099-c in mail from litton loan saying they cancelled my debt of $38000 for my 2nd mortgage that I was in default on for over a year. I immediately then started recieving bills in the mail for me to pay the same debt to Ocwen. I called the # provided and there didnt seem to be any type of live help. I never have made a payment to ocwen since I thought I owed taxes instead. Now on Mar 26 2012 I recieve in mail a corrected 1099-c from litton loan in an ocwen envelope. Im glad I had not filed my taxes yet.
I have read volumes of litton loan shadyness complaints and now have my own. What are they up to now with this? I guess I may need a lawyer to figure this one out. What do I owe and to who?
How many others got 1099-c and then NOT when they did or didnt send a corrected 1099-c with a 0 in box 2?

This report was posted on Ripoff Report on 03/27/2012 10:20 PM and is a permanent record located here: http://www.ripoffreport.com/r/Litton-Loan-Svc/west-palm-beach-Florida-33416/Litton-Loan-Svc-LLS-1099-c-ripoff-Debt-cancelled-then-not-cancelled-ripoff-then-loan-s-860303. 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.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Litton Loan Svc

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
0Author 1Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Ocwen 1099-c

AUTHOR: bergmanmd1 - (United States of America)

Ocwen rewrote my home loan after my chapter 7 and they insisted on a balloon payment at the end of my loan.  Because I disputed the balloon payment as it was undisclosed as to the amount, I finally got one of the loan officers to verbally tell the amount of the undisclosed balloon payment amount.  It was $25,XXX thousand and some change.  Then at tax time I received a 1099-C from Ocwen which claimed Ocwen had canceled $25,XXX thousand and some change from my debt.  

Now I have checked into this and it is illegal for Ocwen to do this and I am looking for other people who have had the same thing happen.  Then we can report Ocwen to the IRS and collect from the whistleblower act.  Please contact me at (((email redacted))) if you would like to get Ocwen for breaking the law.  We must prove at least $2,000,000 in false reporting before the IRS will do anything about it.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
X