Mortgage Payment History Dispute Strategy?

Proving such things as you need to prove requires keeping impeccable financial records and trusting nobody to do anything right.

In times long since gone we could simply send a check to a creditor and now worry about a thing. That's not true anymore. Today is New Year's day 2010 and our best New Year's resolution might be to resolve to keep much better books and records. Most banking now is done electronically and through use of credit and debit cards both off and on line. If doing business on line one must be much more cautious. For instance, I bought a new digital video projector for corporate use from Western Digital yesterday. I printed out each page of the transaction and promptly did a printout of the bank transaction on line as well.

Then I immediately updated my general journal, bank account and equipment purchases records to make sure my books stay in balance at all times.

Since this projector performs a very special task I'll need to buy two new 2.2 terrabyte external hard drives to go with it. The projector will record whatever is on your computer screen in real time, store it and later project it onto a large screen TV or allow viewing and editing of whatever is recorded. It will also do the same thing for video recorded from a camcorder or any other video device and of course records the audio as well. That takes a huge amount of hard drive space.

However the point is keeping books and records. If the transaction involves sending mortgage or other payments by check I think it is better to use bank certified cashier's checks or money orders rather than one's personal checks. Keeping old bank statements, tax returns and store receipts is also highly important. Store receipts usually fade very quickly and are no longer visible so can't be used for record keeping purposes. The only way to keep those in readable shape is to scan them and keep them in both printed and digital format. I always scan checks and money orders before sending them off.

Today we can no longer trust anybody to do the right thing and treat us fairly and squarely. Today we have to be able to prove everything to the last penny and do so many years into the future. We can't trust our computers to preserve our records indefinitely either. Like anything else, computers can and do break down so our records must be kept on multiple hard drives so they can't be lost in case of breakdown. We can't trust paper records completely either because house fires, storms and other calamities can befall us.

Sadly we can't trust much of anything anymore.

 

OC letters worked better than CRA letters for me

Zero successes from dealing with CRAs first here.

Straight to the OC with even toned really hard verification questions, then only to the CRA when the OC either gives up (and corrects it) or fails to respond.