- Report: #439224
Complaint Review: Wachovia Bank - Philadelphia Pennsylvania
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Wachovia Bank
One Bala Plaza Philadelphia, 19004 Pennsylvania, U.S.A.
Phone:
610-664-2588
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Wachovia Bank Took $50,000 and will not explain where the money is. Philadelphia Pennsylvania
I took my mother to the bank so that we could get a loan to fix up her property and fix up another property, both properties did not cost $50,000 for repairs, My mothers home was under $15,000 and the other property was even way under $12,000. The bank did tell us that if the money run out for the $20,000 that we did borrow that there would be $30,000 available. We did not need the $30,000 only using a portion of it. Now we go to the bank and they tell us that we owe the whole $50,000. My Mother is paying on the loan, and only on it's interest until other homes that we own sale. We sent our information to investigation within Wachovia, and they send us a check which was signed by my mother, I do not remember her signing any check, only that $20,000 was devided into two accounts, on which we used to fix up the properties, but sure enough her signature is on that check. I am really not sure now what is going on, and I still have bank statements of spending transactions, Until I find out what can be done about this, we are stuck paying on money we did not use.
Theyseenmecomming
Philadelphia, Pennsylvania
U.S.A.
Theyseenmecomming
Philadelphia, Pennsylvania
U.S.A.
1 Updates & Rebuttals
Ken
Randolph,Massachusetts,
U.S.A.
Cancelled check
#2Consumer Comment
Tue, March 31, 2009
You say that they sent you a copy of a check that your mother wrote, but you don't remember it. Are you saying that it is a forgery? If it is a forgery, then your mother should go to the bank and file an Affadavit of Forgery and get her money back. Remember though, if she does this and it turns out that she really did write the check, she can be thrown in jail. If she does need to file an affadavit, there is a time limit on when she can do so, so don't hesitate.
