Fairbanks Capital Corp
Foreclosure on a paid-off home that they never financed

This website is wonderful... It makes a person feel better to know that others are standing up for some of the same reasons against the same company. In August we were supposed to have our home in foreclosure, and then it was stopped.

However, Fairbanks then started the same paperwork again and the home went back into foreclosure. The property was to have been sold in November, and we filed bankruptcy to stop everything. Our intention was to never go through with the final bankruptcy hearing.

We only wanted the time to get all the paperwork that we needed and try to find out what was going on. The strange thing about all this is that we NEVER had a loan with Fairbanks. Our home was paid off in August, and we found out our mortgage holder did not file at the courthouse that we had paid our mortgage in full. We now have the proper paperwork.

However, the bankruptcy filing is on our credit report. Fairbanks could never send us anything saying we had a loan with them. They even filed a form saying LOST NOTE.

A representative from Fairbanks (Mark) told us we were supposed to have been 18 months behind, and he sent us a forbearance agreement that was utterly ridiculous. We would never have paid them anyway because our home is paid for. How can a loan company get information on a person's home and then just out of the blue decide to foreclose? It was an awful experience.

Company: Fairbanks Capital Corp
Country: USA
State: Utah
City: Salt Lake City

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