Michael
Tampa,#2Author of original report
Sat, December 15, 2007
In order to get Ocwen to honor the settlement agreement and clean up my credit, I had to file a "Motion to Vacate Settlement Agreement & Impose Sanctions". We had the hearing on Dec. 4, 2007 wherein their attorney had to admit that they had not complied and gave a "song and dance" about why they weren't complying. The Judge refused to accept their explanation and issued an "order" ordering them to clean up my credit as per the settlement agreement. By Dec. 6, 2007 they had corrected my Equifax report causing my credit score to im- prove dramaticly. They have still not corrected Transunion and Experian. The lesson I learned from all this, when you have not defaulted, when they don't have the note, don't settle. Go to trial. They will not honor a settlement agreement without a Court Order. This is what you'd expect from a criminal enterprise that comes to Court with "unclean hands". You have to be willing to go all the way and take them to the mat. They laugh at weakness, they crawl before strength. I should have gone to trial and kicked their butt but it would have been costly and time consuming so I settled for a draw instead of a victory. I would do it differently if I had it to do over.
Michael
Tampa,#3Author of original report
Sat, December 15, 2007
In order to get Ocwen to honor the settlement agreement and clean up my credit, I had to file a "Motion to Vacate Settlement Agreement & Impose Sanctions". We had the hearing on Dec. 4, 2007 wherein their attorney had to admit that they had not complied and gave a "song and dance" about why they weren't complying. The Judge refused to accept their explanation and issued an "order" ordering them to clean up my credit as per the settlement agreement. By Dec. 6, 2007 they had corrected my Equifax report causing my credit score to im- prove dramaticly. They have still not corrected Transunion and Experian. The lesson I learned from all this, when you have not defaulted, when they don't have the note, don't settle. Go to trial. They will not honor a settlement agreement without a Court Order. This is what you'd expect from a criminal enterprise that comes to Court with "unclean hands". You have to be willing to go all the way and take them to the mat. They laugh at weakness, they crawl before strength. I should have gone to trial and kicked their a*s but it would have been costly and time consuming so I settled for a draw instead of a victory. I would do it differently if I had it to do over.
Michael
Tampa,#4Author of original report
Sat, December 15, 2007
In order to get Ocwen to honor the settlement agreement and clean up my credit, I had to file a "Motion to Vacate Settlement Agreement & Impose Sanctions". We had the hearing on Dec. 4, 2007 wherein their attorney had to admit that they had not complied and gave a "song and dance" about why they weren't complying. The Judge refused to accept their explanation and issued an "order" ordering them to clean up my credit as per the settlement agreement. By Dec. 6, 2007 they had corrected my Equifax report causing my credit score to im- prove dramaticly. They have still not corrected Transunion and Experian. The lesson I learned from all this, when you have not defaulted, when they don't have the note, don't settle. Go to trial. They will not honor a settlement agreement without a Court Order. This is what you'd expect from a criminal enterprise that comes to Court with "unclean hands". You have to be willing to go all the way and take them to the mat. They laugh at weakness, they crawl before strength. I should have gone to trial and kicked their a*s but it would have been costly and time consuming so I settled for a draw instead of a victory. I would do it differently if I had it to do over.