Complaint Review: Litton Loan Svc - west palm beach Florida
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- Author Confirmed
- 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
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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: https://www.ripoffreport.com/reports/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. READ: Foreign websites steal our content
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#1 Consumer Comment
Ocwen 1099-c
AUTHOR: bergmanmd1 - (United States of America)
SUBMITTED: Monday, March 11, 2013
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.
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