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Seterus Complaints & Reviews - Seterus is the worst

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Posted: 2012-06-28 by    Galezze

Seterus is the worst

Complaint Rating:  0 % with 0 votes
Contact information:
United States
My mortgage was with Chase, who sold it to LBPS, which is now Seterus. I have had nothing but a nightmare since this took place 1 1/2 years ago. Chase sold it with out my knowledge in Oct. 2010. Made my payment to Chase, but somehow neither Chase nor LBPS have record of it.That puts me one month behind which starts the nightmare.

I have tried to no end to rectify this problem. Now since Seterus has basically changed their name from LBPS(I wonder why), I’m still being charged late fees and they say I’m 2 month’s behind. Try to rectify that by sending the proper payment to bring me up to date and they send it back.

What’s a person to do. Now they are saying I’m 3 month’s behind and facing foreclosure.

There out to be a law against a debt collection agency taking care of mortgages.
Comments United States Mortgage Companies
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 10th of Jul, 2012 by   BCarswell 0 Votes
They are a terrible, abusive collection agency! I've gone through hell and back and they're still giving me the runaround. Thankfully, this is catching the attention of major news organizations and something will hopefully happen to expose their illegal activities. Please read my story here and consider signing my petition! They need to be held accountable!!! http://www.change.org/petitions/seterus-inc-end-abusive-mortgage-servicing-tactics
 16th of Dec, 2012 by   dealcloser1969 0 Votes
Seterus operates just like a giant collection agency. They purchase mortgage debt for pennies on on the dollar and then pursue it with high pressure collection tactics. They do not have a reputation to protect & are tough negotiate with solo. They will re-age old collection accounts and pad balances to make your life miserable. You need to take action against them with specific FDCPA complaints to Federal Government agencies. That is the only way to build leverage against them & force them into compliance and settlement. We have handled many successful cases v. Seterus in the past. Feel free to contact our office at 877.297.7011 or visit www.FRSLN.com for free advice.

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