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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Foreclosure property not mine Posted by janet on December 24, 2001 at 9:56 PM I am from Chicago. My purse was stolen in '97. I filed a police report, received replacement social security card and drivers license. I had my credit checked a few weeks ago due to denial for a credit card. Discovered that a mortgage was taken out on a property with my identification. A title searh revealed that the property has an owner who is going into foreclosure and a second mortgage (higher than the owner's purchase amount)was taken out in my name in Oct. '91. My name doesn't appear as a grantee. I have no idea why. I had supposedly purchased the property from an individual who has never owned the property and can't be located. I contacted the lender and they indicated that the loan is two months behind. I will meet with my attorney this week. I have no way of getting in touch with the original owner because their information is unavailable and the property is abandoned. Will a foreclosure appear on my credit? How can I prove to the lenders that I didn't purchase the mortgage nor own the property? I have an excellent credit rating and I do not want it further destroyed. I plan to get a new SSN to protect my credit and write the Credit Bureau a letter of explanation. I've heard of stealing one's identity with sophisticated computer equipment however, not to this extreme and especially four years later. Please help!! Any and all advice is welcomed. Thanks Follow Ups: Re: Follow your recommendations Ward-CA- 6:25 PM, 12/25/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I am from Chicago. My purse was stolen in '97. I filed a police report, received replacement social security card and drivers license. : I had my credit checked a few weeks ago due to denial for a credit card. Discovered that a mortgage was taken out on a property with my identification. : A title searh revealed that the property has an owner who is going into foreclosure and a second mortgage (higher than the owner's purchase amount)was taken out in my name in Oct. '91. My name doesn't appear as a grantee. I have no idea why. I had supposedly purchased the property from an individual who has never owned the property and can't be located. : I contacted the lender and they indicated that the loan is two months behind. I will meet with my attorney this week. : I have no way of getting in touch with the original owner because their information is unavailable and the property is abandoned. : Will a foreclosure appear on my credit? How can I prove to the lenders that I didn't purchase the mortgage nor own the property? I have an excellent credit rating and I do not want it further destroyed. I plan to get a new SSN to protect my credit and write the Credit Bureau a letter of explanation. : I've heard of stealing one's identity with sophisticated computer equipment however, not to this extreme and especially four years later. : Please help!! Any and all advice is welcomed. : Thanks Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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