Comments on: ResCap (ALLY/GMAC) Wins Approval to Try to Sell Defaulted Loans https://4closurefraud.org/2013/01/18/rescap-allygmac-wins-approval-to-try-to-sell-defaulted-loans/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Thu, 04 Dec 2025 14:20:53 +0000 hourly 1 https://wordpress.org/?v=7.0.1 By: leapfrog https://4closurefraud.org/2013/01/18/rescap-allygmac-wins-approval-to-try-to-sell-defaulted-loans/#comment-407021 Fri, 18 Jan 2013 18:53:15 +0000 https://4closurefraud.org/?p=56872#comment-407021 Paging Jeffrey Stephan to the white courtesy phone…fire up those signatures again, Jeff, and see if your good buddies, Linda Green and Tywana Thomas, are looking for any work.

]]> By: Pamela Edwards https://4closurefraud.org/2013/01/18/rescap-allygmac-wins-approval-to-try-to-sell-defaulted-loans/#comment-407013 Fri, 18 Jan 2013 14:58:44 +0000 https://4closurefraud.org/?p=56872#comment-407013 In reply to bobbi swann.

I filed 10 years ago never do that again.In our state the staute of limitations is 6 years started my mortgage in 2005 so I.m over the mark.When they call I’ll just tell them to go pound the pavement and refer them to the staute of our state and laugh at them.If they insist on bugging me I will file telephone harrassement charges which in our state carries felony charges and I will take the ding to my credit not going to play thier silly little games ever again.Have done this before and know it works in my state.No bankruptcy neccessary.That lasts 10 years as a ding to your credit.I’ll take 7 over 10.

]]> By: bobbi swann https://4closurefraud.org/2013/01/18/rescap-allygmac-wins-approval-to-try-to-sell-defaulted-loans/#comment-407009 Fri, 18 Jan 2013 14:11:45 +0000 https://4closurefraud.org/?p=56872#comment-407009 @ Pamela – you got that right! Once they sell the mortgage to a non-lender (collection agency) it invalidates the mortgage but I am sure that these low-lifes will continue to pursue legal litigation in the courts. So….file bankruptcy. You will be listing the debt as an ‘unsecured’ loan and get rid of it. Even Wells & BofA both filed in US courts that Fannie/Fannie can’t sue because they are not a lending institution. That pretty much clears the path, don’t ya think?

]]> By: Pamela Edwards https://4closurefraud.org/2013/01/18/rescap-allygmac-wins-approval-to-try-to-sell-defaulted-loans/#comment-407006 Fri, 18 Jan 2013 13:43:40 +0000 https://4closurefraud.org/?p=56872#comment-407006 So unsecured credit is going to be sold to unsecured collection agencies as third party debt.This just gets more amusing as we go.Remeber to check your states statute of limitations and then when they call tell them they are over it and to go tell it to the mountains.It might ding your credit for 7 years but thats about the worst of it.

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