Fairbanks Capital Corp
Payoff Statement Disputed, $42,042 Accrued Interest Blocks Home Sale
- 07-09-2003
- 8
I just want to sell my house. Some very nice people just want to buy my house. Un-Fairbanks is making this impossible.
They say my payoff statement came direct from their bankruptcy attorney. When I called the attorney they said "we've sent them nothing". Un-Fairbanks says the attorneys fees are over $16,000 dollars. The attorney had me fax over the payoff statement. (The result of this is yet to be determined. I'll let you know)
Also, Un-Fairbanks claims I have not made a payment since April. (Not true) Because of this they have been charging me accrued interest of $85 per day since then totaling $42,042.
In the real world I would walk away from this deal with money in my pocket. In the bizzaro world of Un-Fairbanks I now owe fifty thousand dollars more than I purchased the home for!!!
If this isn't predatory lending then god save us all. If anyone has some advice for me I sure could use it ASAP. Our scheduled close next week is clearly delayed if not completely ruined.
Company: Fairbanks Capital Corp
Country: USA
State: Utah
City: Salt Lake City
Address: 3815 South West Temple
Phone: 8888186032