Vanderbilt Mortgage Company
Ripoff

I had a mobile home I had to voluntarily leave last April
as it was costing me over $800/mo between the lot rent and the house payment, I am a nearly 59 year old single woman. I sent certified letters to everyone letting them know what I was going to do, I called the MTG company and they said if I could not afford it I would have to move.

A man from Clayton mobile homes in MI called me and offered to take $2000 off the entire bill but that would not have helped me and it was too little too late.
They said they would sell it and bill me for the balance
between the selling price and what I owed which was still a hefty $42,000 after 9 years.

Last week I received a bill from them for $28,000, they
gave that home away for $13,000 and I know it should have sold for at least $25,000 but they knew they could come after me!

Vanderbilt called me and said they would accept a one time settlement payment of $19,000 which may as well be a million. So I owe $29,000 and someone else is living in my house for $13,000. This is an unfair act and they should not be allowed to act in such a way. Now I will have to get attorneys involved and yet more expense and I only work part time.

Where are the consumers rights in these situations?

Company: Vanderbilt Mortgage Company
Country: USA
State: Tennessee
City: Maryville

  <     >