Print the value of index0
  • Report:  #59404

Complaint Review: Fairbanks Capital Corp.

Fairbanks Cpital Corp. Loan Service Center false promises/Forbearance agreement mistreated and ripped off dishonest ripoffs Nationwide

  • Reported By:
    Garden City Kansas
  • Submitted:
    Tue, June 03, 2003
  • Updated:
    Wed, June 04, 2003
  • Fairbanks Capital Corp.
    PO. Box 65250 Salt Lake City Utah 84165
    Salt Lake City, Utah
    U.S.A.
  • Phone:
    888-818-6032
  • Category:

They sent us a forbearance agreement wanting 7,000.00 dollars to save our home.......But they REFUSS to sign their OWN Forbearance Agreemnt....They state they wrote it so, there is NO need for them to sign it! They want us to sign the document in front of a NOTARY!!!! THEN send the document back to them!!!!They say it is a legal document, but there are errors in it and we refuse to sign. What stops them from making changes?????

Joe
Garden City, Kansas
U.S.A.

1 Updates & Rebuttals


Janice

Naperville,
Illinois,
U.S.A.

bogus forbearance agreement...been there

#2Consumer Comment

Wed, June 04, 2003

I have been there also, FB offered me several forbearance agreement and in the mean time they were stripping the equity out of my home. The documents were not signed, all dates incorrect, payoff figures expired the day before we received the notice. We were asked to send as much as $25,000 without proper documentation.
The last request was for $10,000, sent the day before our home was to go to a sheriff sale in November 2002. We refused to sign the document. Our home was sold in January 2003. We lost $54,000 of equity. Our home was valued at $198,000 it was sold for $144,000. I was able to move into an aprtment, pay $1820.00 per month for rent.

I was only able to survive this loss due to my strong belief in the WORD of GOD. I would have loss the money and the house. FB is suppose to be changing. Not from what you're saying. They only want money.

Respond to this Report!