Usacomplaints.com » Business & Finance » Complaint / Review: Fairbanks Capital Corp - Foreclosed During Chapter 13 After Stay Lifted Without Notice. #43792

Complaint / Review
Fairbanks Capital Corp
Foreclosed During Chapter 13 After Stay Lifted Without Notice

This company bought my mortgage note but I was never notified. They started harassing me almost immediately, claiming I hadn't made several payments. This was not correct, as the mortgage company that I knew was holding my mtg. Note had cashed my payments.

They sneakily got their case into court, without notifying me, while I was busy getting those cancelled checks to prove I had made the payments and getting my chapter 13 papers, which saved the house from my ex-husband, to verify that I did indeed have trustees paying as well as my paying the monthly mortgage amount.

They got the stay lifted from my chapter 13 under the guise of my not having made those payments. When I was finally notified that Fairbanks did own my mortgage note it was too late and I was already foreclosed. That happened to me in April. They continued to accept and cash the trustee payments for the mortgage until June. They had no right to take my money AND the house. This menace of a company must be stopped.

My friend in Illinois is losing her house because of Fairbanks Capital as I speak. If one less person loses their home due to the scams Fairbanks pulls, I will feel vindicated.



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