Complaint Review: GMAC Corporation

I moved from my home due to a divorce from my husband in 2001. At that time it was financed through Fairbanks Capital Corporation. In February 2002, I got word that my ex- husband was not paying the mortgage payments and had planned on letting the house be foreclosed on. I contacted Fairbanks and they worked out a forebearance agreement with me to pay the $9,000.00 that my ex was behind on.

My ex moved out and my children and I moved back in. This agreement stated that I would pay an initial $2500.00 dollars and an additional $583.00 per month for 12 month added to my mortgage payment of $961.00 per month. I payed this amount every month for 12 months as agreed.

This should have cleared all the arrears that was owed on my account. This agreement ended in March of 2003 and I was to pick up with my regular payment in April. I got a letter from GMAC in May stating that they had bought my mortgage and that the records indicated that I still owed over $5000.00 in arrears.

In the previous 12 months I paid a whopping $21,018.00 to this company and they still were after more. I did have proof. i had the original bill and all my receipts and cancelled checks showing what I had paid. GMAC was very rude and told me that my records didn't mean squat to them and that they went by there records which were definitley wrong. I fought with this company from June 2003 to January 2004.

This company ignored all of my hard proof and started foreclosure on my home. I was forced to file chapter 13 or lose my home. I have had no luck finding what happened with all my money. GMAC along with Fairbanks are the worst companies I have ever dealt with. Can someone please help me find a way to get out of this mess?

Denise
Mansfield, Georgia
U.S.A.