Divorce/LowI/Questions @ Credit Repair/Report

susandetroit · Joined: 16 Nov 2005 Posts: 3

Hello, Hope I'm posting correctly @ this helpful site.Have read thru several pages of posts; don't see my q. In MN, 51, am d recently due to poor fin mgmt(med copays$2000;misc $1000;NO CC Debt;car repo of hus. $6500, this is being disputed by his attorney-illegal repo game between Walser Chev & Ameriquest Fi.,still on my c also;no other judgements. Also, learned h. paid no i tax or filed since 03 state/fed., not in lien yet, he is meeting w/ them, i signed "injured spouse" form...I've been ill since 1996 with sev. surgeries and receive SSDis.since 1996.
Am finally better, hopefully pt work with ssd by 1/06 plus maint. from x for 5-7 yrs, if he pays, but not much work life left!!!only about 15 yrs hopefully...Current autoloan @9.6,bal of $12g, both on loan, only me on title.
Qs: 1)As debts (all on creports) are paid off, does score automatically rise? one post re score changes in @ 90 days from notification;2)What diff,if any, no cc debt? 3)Am I ever going to qual 4 a mort?
4)What impact D? 5)purch home w/ lst hub 88 VAnoqual;sold at prof@his death;qual 4 lsttimehb? THANK YOU FOR YOUR HELP...susan ps his score is 490 mine is 530 also have 9g student loans from 00 when docs said i was "all done" w/ surg. Hubby used cash for living exp, doc on div for repay.,but loan is in my name of course. Not wasting any more tears over situation, just want to "dig out".There must be a way!!!

The Mortgage-Pro · Site Admin Joined: 19 Jan 2005 Posts: 2248

I can’t understand your post. Could you please rephrase your question and limit the use of abbreviations.

susandetroit · Joined: 16 Nov 2005 Posts: 3

Hello, thanks, sorry @ that...briefly then: am 51, divorced, as of 1/06 earning @ $40,000. With credit score of @ 550 myself, with no credit card debt only medical copays and misc. bills totalling @ $2000, student loans of $9000 (not in default), also x's auto repo $6500 which he is fighting as illegal from lawyer so have notified credit bureaus of dispute with documentation (last year, as yet report unchanged), how long will it take, if ever, to establish myself to obtain a mortgage on condo or townhome of value @ $150,000. I have "heard" mortgage difficult to obtain at my age and older without excellent past work/credit history and large savings. My goal to pay all debts listed by end 2006, xcept repo car. How do I best go about rebuilding to have the highest credit score? FYI: Do existing auto loan for next 3 yrs in both names, x stipulated to pay.

Thanks, susan

susandetroit · Joined: 16 Nov 2005 Posts: 3

Last sentence on that post should read: Do HAVE existing auto loan...thankyou. sd