About 7-8 years ago I was living in the state of Maine and purchased (via internet) a small plot of land in the state of Texas. It was an undeveloped plot in a gated community and I know there were development restrictions. I was paying the seller (single person) directly. We moved to Texas a year or two later, not living on this land. I did default on payments and was sent to collections. I have tried over the last two years to deal with the collectors (Rickenbacker) but they are agressive and unwilling to accept what I can afford. Essentially, I dont know if this land belongs to me and I can sell it to pay the debt? In my default did it go back to seller? (I assume so) How does one go about negotiating payments when the debt is large (original $6k and now with interest, it has doubled)? Should I get a lawyer?
older post below*******
in 2003 i agreed to purchase a small piece of land in the state of texas. about a year later the payments went unpaid for about 6 months and later went into collections (rickenbacker group). i do not/never did have a title for this piece of land, have never even set foot on it, though i do know it is actually there. the balance is now rather high and collectors are harassing me. they have badgered me for post dated checks, my routing/checking account info, debit card info, you name it. i have contacted greenpath debt solutions and am trying to get the ball rolling in repaying these debts. the credit counselor asked me if i could sell the land to repay. i dont know.
i will admit to being naive and stupid about the land purchase? but i dont know where to go from here. the credit company wont deal with me civilly and answer most of my questions with questions.
help
older post below*******
in 2003 i agreed to purchase a small piece of land in the state of texas. about a year later the payments went unpaid for about 6 months and later went into collections (rickenbacker group). i do not/never did have a title for this piece of land, have never even set foot on it, though i do know it is actually there. the balance is now rather high and collectors are harassing me. they have badgered me for post dated checks, my routing/checking account info, debit card info, you name it. i have contacted greenpath debt solutions and am trying to get the ball rolling in repaying these debts. the credit counselor asked me if i could sell the land to repay. i dont know.
i will admit to being naive and stupid about the land purchase? but i dont know where to go from here. the credit company wont deal with me civilly and answer most of my questions with questions.
help
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