[hhall0818]

foreclosure.? I had to foreclose on my home last year. I had an equity line on that home for 25,000. I have never heard from the bank that I had the line with since the foreclosure. On my credit report it shows that line being charged off/written off. It has been over a year now and a new collection company is showing up on my credit report for that equity line and bank. I was under the impression that since the loan had been written off that I was done with that loan. I haven't gotten any letters or calls from this collection agency. Can they try after a year to collect the money, if so how will they go about collecting the money. I really didn't have much of a choice in the foreclosure. I had to relocate for work and tried ot sell the house for over a year. After a while I couldn't afford the 2 mortgage payments. The state of this foreclosure was in Mi. Thanks