Real Time Resolutions 2nd Mortgage Debt Collection on Foreclosure from 3 years ago in Illinois Dallas, Texas

Real Time Resolutions operates just like a giant collection agency.  The purchase distressed debt (mortgages & HELOC's) at pennies on the dollar.  They have the right to proceed with collection on the balance in full + costs ~ 10 states have certain restrictions though.  Distressed mortgage debt is like the elephant in the room. you can try to pretend it is not there, but eventually you will have to deal with it.  This practice of collecting on "purchased" distressed debt was primarily reserved for credit card debt & auto deficiencies in the past.  However, over the last 3 years the mortgage side of this game has expanded like wild fire.  The collection on distressed mortgage debt will expand greatly as the economy improves.  RTR will wait until the debtor is back on their feet and swoop in to collect.  This particular debt overhang will be a huge problem for anyone trying to reapir their credit and rebound financially.  The only way to battle such debt is to contest it from various levels. federal complaints, mathematical audits & FDCPA violation will eventually make vulture debt buyers like RTR go away. This is a brutal, nerve racking and time consuming game though.  There are huge dollars involved here. therefore the collection process will be that much more intense.  We have been handling such case for clients on an expanded level over the last 12 months.  We will call RTR free of charge to determine proper strategy to start.  Feel free to visit or websites at (((REDACTED)))


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I am so sorry to hear of your issues with RTR. I reported them in May of this year (Westminster, CO). I am lucky as they can no longer sue me and according to the Credit Reporting Act, they have to remove this from my credit report September 1, 2011, which is 7 years. You better believe I am going to be ALL OVER THEM to get it off and I have supporting docs to prove to Experian and an attorney ready to go if they do not remove it promptly.

Please report them to the Better Business Bureau in your community, your state Attorney General and the Texas Attorney General. They are not allowed to yell at you and call you names and they did this repeatedly with me. They did respond to my Better Business Bureau complaint with a small comment that I was RIGHT and they cannot sue me (even though they threatened me with this) and that they would NOT try to contact me again which THANKFULLY, they have not. I just think the more people filing complaints on these losers the better and maybe we can get them shut down or at the very least waste some of their time harrassing others and give them a little harrassment of their own.

Good luck to you!