Quick Update on Florida Deficiency Collection Efforts
Recently, we have been receiving calls about Vantium Capital – Strategic Recovery Group – which is a Texas based company who is trying to collect on old Florida foreclosure judgments. In the files I have reviewed, Vantium enters into a collection agreement with Fannie Mae, who was the guarantor of a Bank of America Promissory Note.
The most often asked questions about these case are:
- Why am I receiving this letter now – several years have passed since my foreclosure or short sale?
- What do I do now – Do I have to file something with the Court?
- Can they sue for a deficiency if I was never served with the foreclosure lawsuit?
- I received an IRS Form 1099 – How can they still try and collect money from me?
For answers to some of these questions, please read:
Do you still have questions or comments? Then please feel free to Chat with Larry in the comments below, at email@example.com, or (954) 458-8655. If you have a specific or personal situation, please call or email Larry because he can’t answer specific fact questions in general comments.