Fairbanks Capital, SPS, Loan Servicing Center Ripoff stole my home Jacksonville Florida
I am very sad that I lost my home. A persons home is a special place.
During a marriage separation my ex signed over the title to the home. All the while I thought the home was paid off.(My ex had the home when we married). Fairbanks Capital sent paperwork that said the home was in foreclosure and to pay 15,000 or they would sell home. Obviously I did not have that kind of money so I filed bankruptcy. However they sold my home anyway. Had always thought that bankruptcy protected a person. But it has been 2 years and I still dont have the answers.
Annie
Claremont, North Carolina
U.S.A.
5 Updates & Rebuttals
Steve
Corona,California,
U.S.A.
BK probably would not have helped anyway!
#6Consumer Suggestion
Sun, May 08, 2005
In Annie's post, she indicated that her ex husband signed the TITLE over to her. That's fine, but obviously he didn't do anything with the MORTGAGE LENDER.
The lender was foreclosing on the home because that is the collateral securing the mortgage note signed by your ex prior to your marriage (probably).
You can not include that mortgage note in a bankruptcy because YOU are not the one who is indebted to pay the note. Not much could heve been done unless your EX stepped in and filed BK and included a plan to reaffirm the debt.
The other way to have done this properly, would have been your ex to quit claim the house to you and then you secure a new mortgage note with you only on the title and the note. This would have had to happen when the note was in good standing of course.
In this case the lender did exactly as company was supposed to do. Foreclose.
Carolyn
Thomasville,North Carolina,
U.S.A.
Knowledge is Power
#6Consumer Comment
Sun, May 08, 2005
Dear Annie, In Claremont, NC. I am so sorry to hear the horror stories as I am a victem myself. However, for future referances. Depending on the type of bankruptcy. #11 is for business owners. #13 is for reconstruction of ones' credit. #7 is for 10 years and perment amnsty. You can roll a 13 over to a 7 as I did and they will have to start the forclosure proceding all over again. Giving you the opportunity to have another forclosure hearing so you may state your case to the local clerk at that time. If I were you I would file a complaint with the Federal Trade Commision they have a web site: I beleive is www.FTC.gov.
Carolyn
Thomasville,North Carolina,
U.S.A.
Knowledge is Power
#6Consumer Comment
Sun, May 08, 2005
Dear Annie, In Claremont, NC. I am so sorry to hear the horror stories as I am a victem myself. However, for future referances. Depending on the type of bankruptcy. #11 is for business owners. #13 is for reconstruction of ones' credit. #7 is for 10 years and perment amnsty. You can roll a 13 over to a 7 as I did and they will have to start the forclosure proceding all over again. Giving you the opportunity to have another forclosure hearing so you may state your case to the local clerk at that time. If I were you I would file a complaint with the Federal Trade Commision they have a web site: I beleive is www.FTC.gov.
Carolyn
Thomasville,North Carolina,
U.S.A.
Knowledge is Power
#6Consumer Comment
Sun, May 08, 2005
Dear Annie, In Claremont, NC. I am so sorry to hear the horror stories as I am a victem myself. However, for future referances. Depending on the type of bankruptcy. #11 is for business owners. #13 is for reconstruction of ones' credit. #7 is for 10 years and perment amnsty. You can roll a 13 over to a 7 as I did and they will have to start the forclosure proceding all over again. Giving you the opportunity to have another forclosure hearing so you may state your case to the local clerk at that time. If I were you I would file a complaint with the Federal Trade Commision they have a web site: I beleive is www.FTC.gov.
Carolyn
Thomasville,North Carolina,
U.S.A.
Knowledge is Power
#6Consumer Comment
Sun, May 08, 2005
Dear Annie, In Claremont, NC. I am so sorry to hear the horror stories as I am a victem myself. However, for future referances. Depending on the type of bankruptcy. #11 is for business owners. #13 is for reconstruction of ones' credit. #7 is for 10 years and perment amnsty. You can roll a 13 over to a 7 as I did and they will have to start the forclosure proceding all over again. Giving you the opportunity to have another forclosure hearing so you may state your case to the local clerk at that time. If I were you I would file a complaint with the Federal Trade Commision they have a web site: I beleive is www.FTC.gov.