Years ago while in the DC area I took a personal loan from Household Finance Corporation. The loan was only 3200. I did perfect with payments for a long time, then when I moved to Oklahoma I was struggling making ends meet because my husband would not help take care of the home and I could not do it all so of course I foreclosed. I begged them to help me, I begged them to lower payments, I even made partial payments, but they told me they would not accept them if they were not whole. They called, harrassed and everything. I ignored them.
Finally they sued me, I got a judgement in the mail saying they would deal with me for 5,000.00 and avoid going to court so my husband took money out of his investments to pay it. They then told me they would not do the 5,000 and would only accept 6,500 as a total payment which was all kinds of interest and penalties, but we did pay it. We paid it in full and they had the nerve to send me a letter saying they sent the IRS a notice that they charged off 976.00 of this debt and said it was my extra income. OMG, how insane was that. We did not know they could get away with this, this is criminal.
The lawyer who represented them told us not to worry and that they do this to protect themselves. Now, I get a letter from the IRS saying I owe them money from my 2006 tax year because of them stating they did a charged off debt. I understand I did not pay, I was struggling, I was in a bad way. I had to actually leave my husband because he would not help me, and out of guilt, he paid off this bill for me. They were the ones who settled with us for a lousy 6500 and okay so they ended up losing out on 976.00. That was so dirty on their part. These are horrid and wretched people. I begged them to help me lower the payment so I could stay in good standing and they said no and did not care what my issues were.
I got saved, that is when I knew I had to fix my finances and by the grace of God, I did do it and to have them pull something so criminal like that. On top of that, beyond my control these same creatins are financing my car. The dealership chose them, I did not, how ironic is that. These people call and harrass and threaten and do all kinds of mess but do NOT want to help people out. I wish I would have never walked into their office, now I have to pay the IRS money because of them fraudulently stating I had extra income of 976.00 but they were the ones who settled. Stop them already.