Revisiting Crappy Credit Stuff
 

It's some cheesy online second mortgage lender. Their annoying ads are plastered all over every channel on the tv here. I just figured they were national.

Revisiting Crappy Credit Stuff
 

My kayak and I do not watch television.

Since we're on the subject
 

Story of your life.

TM

Since we're on the subject
 

s/b story of his death without offspring, but whatever.

Revisiting Crappy Credit Stuff
 

Yes. I have a "friend" who did this. Defaulted on a major obligation. Refi'd out of it. And as part of that process negotiated into the Release a clear credit report result.

Notwithstanding that, that same said friend never had a problem renting apartments or getting credit at relatively low rates during the period that this default was on her credit report. If you score is otherwise good and your income is good (which I assume it is) this one thing is not going to sink you, especially not for a rental (unless the rental market has changed drastically since I was last in it).

NCS
 

Shit, you just reminded me... TM may get to see my wife's tits. She took some photos of herself a few weeks back with the new digital camera. We printed and erased all but two.

Well, she took the camera to a large party at a golf course last weekend and lost it somewhere there during the evening.

I'll let you knoww if they turn up on the net.

NCS
 

Fuck. Those aren't the photos where you can see the tattoos on my ass are they? My wife would recognize that shit.

NCS
 

Dude, deal with that chancre. Its oozing down your leg. I couldn't even photo shop that thing out.

Revisiting Crappy Credit Stuff
 

The rental market in Santa Monica is a bitch. Anything good has 5 offers on it within a day or two and the landlords get to pick and choose. I know of a recent situation where my friend was first in line and they actually took the second in line person who had a ridiculously high score. I'm not super worried, because Mr Man has a great score and this thing on my credit right now is an anomoly, which still doesn't put me into shitty credit land. But knowing that I'm trying to move into an owner's market makes me more concerned than usual.

But it is interesting to know that your "friend" negotiated that. The Bank thinks it has a pretty strong postion here, I think, because instead of a separate guaranty, I am one of two signatories on the note. There is no distinction in the paper between me and deadbeat. I haven't raised the issue of costs of collection and potential settlement amounts with them yet, because thus far I've been more fishing for information than anything.

Since we're on the subject
 

It sure ain't Intelligent Design.

Revisiting Crappy Credit Stuff
 

Did you loan money to a compulsive gambler?

I know paigow's not here right now, but someone should let her know that my friend is still jobless, had not filed for personal bankruptcy like I told him to do as of last week, and confessed to me that he has been back on the internet gambling sites but not as heavily as he once was. I bought him a beer and cashed his unemployment check for him because his bank account was $500 overdrawn. I am cutting him loose for a while.

Revisiting Crappy Credit Stuff
 

How many kidneys does he have? Has he ever mentioned anything about defaulting on student loans?

(if so, please advise against going the bankruptcy route)

Revisiting Crappy Credit Stuff
 

Its 20K. They're working out sooo many loans on any given day that they can only afford to devote so much time to a loan that small. Plus, you're a lawyer. They know you can drive them nuts.

Put $2000 on the table, to be wired asap in exchange for a release with the credit conditions discussed above, and see if they bite. Let them sit for about four days and you'll get a call demanding $7500-10,000. Tell them to forget it - that you'd rather litigate. They'll call back again at $7000. Offer $2750 and let them drag you to $3500.

But be prepared to go all the way to $4-5000.

ETA: My guess is anything near 40% is what they want, so if they can get anything approaching 20% from you, they'll go after deadbeat for the rest.

Revisiting Crappy Credit Stuff
 

Dunno and no. He is married to a lovely wife who is going to eviscerate him when she finds out exactly how large a hole he's in. I want to be far away when that happens because I hate the sight of blood. And viscera.

Revisiting Crappy Credit Stuff
 

First rule of litigation:

Don't threaten. Just do.

Revisiting Crappy Credit Stuff
 

How much does his wife know already? is it his personal account that is overdrawn, or their joint account?

Revisiting Crappy Credit Stuff
 

Personal. She knows no-theenk. Like for example she doesn't know about the eviction petition he got served with last week. Her being at work during the day and all.

Revisiting Crappy Credit Stuff
 

Banks love getting sued preemptively. Or frivolous counterclaims. That was a fun business...

Revisiting Crappy Credit Stuff
 

Two additional points:

-my "friend's" lover probably had a good credit score; and

-at that point in time my "friend" was fairly judgment proof, so it was a little easier to negotiate hard.

That said, I have been a landlord and I would assume I would find your rental application attractive (if not crushworthy) with or without this gitch.

Revisiting Crappy Credit Stuff
 

*A-HEM*
Am I going to have to shorten your little red leash?

Revisiting Crappy Credit Stuff
 

Oh fuck. Any kids?

Revisiting Crappy Credit Stuff
 

Who does?

But then again, my credit-mixing problem went away with one incredibly long nasty letter. But I was ready to file a complaint, fer sure.

Revisiting Crappy Credit Stuff
 

Just don't spank me. Again. Please.

Revisiting Crappy Credit Stuff
 

No, thank G-d.

Revisiting Crappy Credit Stuff
 

Yes. but too old for real market value. didn't you say they were 7 and 8 Weed?

Revisiting Crappy Credit Stuff
 

that he knows of.

Revisiting Crappy Credit Stuff
 

Oh shit. That motherfucker is dead.

TM

Revisiting Crappy Credit Stuff
 

No-scrollingest POTD.

Too late with the edit! Boo-ya!!!

Revisiting Crappy Credit Stuff
 

Thankfully, the tot has the mother's good looks.

Revisiting Crappy Credit Stuff
 

Randomest non-sequitur insult POTD.

Revisiting Crappy Credit Stuff
 

I'd see this as a plus, not a minus. This should get you right past the customer service drones and the manager drones and right to someone who knows nothing about the situation and so therefore doesn't know to say no.

I'd be going to the partner working with the client and asking em for advice on solving this little conflict. A phone call to the right buddy in-house, he calls somebody else, somebody mentions that maybe they screwed up FCRA, and the issue is gone. It's not like its a lot of money to the bank.

Play the good old boy (or girl) network. That's what its there for.

Of course, it's your firm. YMMV.

Revisiting Crappy Credit Stuff
 

My firm is notoriously risk averse on this sort of stuff. That could be right, but I'm not clear that it is. Also the partner is on vacation, and I doubt it would be good for my career to discuss this crap with him right now. Maybe when he gets back.

I just sent them a letter, along with a copy of the divorce decree. We'll see where it goes from here.

Revisiting Crappy Credit Stuff
 

Awwww. I think it's sweet that he's taking care of all the bill paying and stuff since she's busy working all day and he's at home.

Naples
 

Hey, b_n_b, what's the deal with Naples? Where should I fly into/out of to go there? Is the drive from the Miami airport (or Fort Lauderdale?) to there on a Friday afternoon/evening too bad?

Seems like it is in the middle of nowhere, airport-ily speaking. Am I wrong here?


ETA: of course, if anyone other than b_n_b has helpful answers here, he or she is welcome to chime in. don't be shy.

Revisiting Crappy Credit Stuff
 

In fairness, I have heard tell that household management is like a 40% job.

Naples
 

Fly Northwest to Ft. Myers. You'll feel young, 20 years younger than anyone else on the flight.

My next vacation
 

I go to nebraska: http://photos1.blogger.com/img/3/4280/320/12.jpg

Naples
 

Not gonna happen. Part of the terms of me agreeing to this trip is that it must put me over the top for American Gold status for next year. Ft Myers is not a direct flight from LAX (shocker, I know). Looks like I might be taking a Friday night red-eye to Ft Lauderdale, returning Sunday evening.

I'm sure Saturday morning breakfast with b_n_b will be Fabulous. I vote for a place that has lobster breakfast tacos and mimosas.

Naples
 

My grandparents used to live in Naples. There is an airport there, but it's about the size of postage stamp and only gets little planes from Miami and Orlando. Ft. Myers is the nearest airport with jets (about 20-30 miles) and probably where you want to aim, although it's generally more expensive to fly into there than Miami or Ft. Lauderdale.

Between Ft. Lauderdale and Miami, no big difference; flying into Tampa is also about the same drive (3 hours). If you can get a single connection flight to Ft. Myers (probably through Dallas, Atlanta or one of the Ohio airports) or Naples (through Miami or Orlando), that's the way I'd go.

Naples
 

American used to have a flight from Dallas to Ft. Myers; they probably still do. Yah, you've got to change planes in DFW, but it's probably worth it. The drive from Miami to Naples is about the most boring drive I've ever done. And I've driven across Texas on I-10.