Kenneth Dale Kolb

Kenneth Dale Kolb is currently employed as a Broker and/or Investment Adviser at EDWARD JONES located at 10149 TWO NOTCH ROAD, SUITE A, COLUMBIA, SC, 29229.

Kenneth Dale Kolb has worked at EDWARD JONES since October 29, 2010

Disclosure History

Kenneth Dale Kolb has 2 Disclosure Event(s).

Date: August 13, 2010
Category: Financial
Type: Compromise
Disposition: CURRENTLY WORKING WITH LENDER TO REACH A SETTLEMENT OR PAYMENT PLAN.
Broker Comment: THIS DEBT STEMS FROM A SECOND LOAN WE HAD ON OUR HOUSE THAT WE SOLD IN A SHORT SALE. MY WIFE AND I BOUGHT THE HOUSE IN 2006. WE RELOCATED OUT OF TOWN IN LATE 2007. AT THE TIME OF THE SHORT SALE WE HAD APPROXIMATELY $37,600.00 IN NEGATIVE EQUITY. WE RENTED THE HOUSE FOR 3 YEARS IN HOPES THAT THE REAL ESTATE MARKET WOULD TURN AROUND AND WE COULD SELL IT WITHOUT A LOSS, BUT THIS SPRING IT BECAME OBVOIUS THAT IT WOULD NOT HAPPEN IN THE NEAR FUTURE. BECAUSE OF PAYCUTS WITH MY OLD JOB, WE HAD TO SHORT SALE THE HOUSE IN ORDER TO AVOID EVENTUAL FORECLOSURE. WE ARE WORKING WITH THE BANK IN ORDER TO SETTLE THE AMOUNT STILL OWED.

Date: August 13, 2010
Category: Financial
Type: Compromise
Disposition: Satisfied/Released
Broker Comment: MY WIFE AND I SOLD OUR HOUSE IN A SHORT SALE. WE BOUGHT THE HOUSE IN 2006. WE RELOCATED TO ANOTHER CITY IN LATE 2007 AND HAD APPROXIMATELY $37,600.00 OF NEGATIVE EQUITY WHEN WE SOLD IT ON AUGUST 13,2010. WE RENTED THE HOUSE FOR 3 YEARS IN HOPES THAT THE REAL ESTATE MARKET WOULD TURN AROUND AND WE COULD SELL IT WITHOUT A LOSS. HOWEVER, BECAUSE OF PAYCUTS AT MY OLD JOB, THIS SPRING WE DECIDED THAT WE HAD TO SHORT SALE THE PROPERTY IN ORDER TO AVOID EVENTUAL FORECLOSURE.

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