|
12-10-2013, 12:25 AM | #2 |
Sprinkle in some Mahomes
Join Date: Dec 2005
Location: Butte Montana
Casino cash: $7678507
|
Walk down the street and knock out an unsuspecting person.
|
Posts: 8,270
|
12-10-2013, 12:25 AM | #3 | |
MVP
Join Date: Mar 2001
Location: Rocky Ford
Casino cash: $5409867
|
Quote:
|
|
Posts: 16,236
|
12-10-2013, 12:28 AM | #4 |
The Maintenance Guy
Join Date: Sep 2005
Location: Renovated Bugeater Estate
Casino cash: $6232680
|
Real estate lawyer. Call one.
|
Posts: 70,443
|
12-10-2013, 12:31 AM | #5 |
Veteran
Join Date: May 2010
Casino cash: $6105985
|
Honestly after wasting my day argueing with BB&T I feel like hitting something. Ask for a supervisor they kept giving me the run around. Said I could leave a message and they will call me back in the next week. What the hell are they doing just sitting in back counting all the money they are robbing from hardworking people.
Last edited by Nirvana58; 12-10-2013 at 12:38 AM.. |
Posts: 1,323
|
12-10-2013, 12:40 AM | #6 |
SuperBowl or bust
Join Date: Dec 2008
Location: BF Iowa
Casino cash: $1374088
|
I'd look over everything you signed. You probably signed your name a gazillion times without knowing what you were signing. Hopefully, you didn't sign a release stating that you understand your loan will be sold (which happens nearly every loan) and additional requirements could be added after the fact. Depending on your own ability, you could read every word and be sure there isn't something that allows them to do that...or you can hire a lawyer and let him read over everything.
Usually, all required insurance and applicable taxes are escrowed into your mortgage payment and I've never heard of this kind of situation. |
Posts: 47,195
|
12-10-2013, 12:52 AM | #7 |
Veteran
Join Date: Jun 2005
Location: Johnson County
Casino cash: $10013802
|
This is a job for a real estate attorney.
|
Posts: 3,341
|
12-10-2013, 12:53 AM | #8 |
www.nfl-forecast.com
Join Date: Sep 2000
Casino cash: $2021769
|
This is what I would do, before hiring a lawyer:
1. Go through your loan documents. 2. Circle the part that says you have to have insurance for the principal amount. 3. Read very carefully every bit of paper about loan transfer to another company. Google any term you don't understand. Rewrite any strange terms until you understand them. Plan to spend a couple days on this activity. When you are done, you have to be able to answer the question:"Are they allowed to propose new terms in the paper work you signed?" a. if yes, prepare to pay. They ****ed you. Go to "I need a laywer" b. if you still don't know, go to "I need a lawyer". c. if you are pretty sure the answer is "no", i) Go to "I need a lawyer", but stop at part a. If you need to go to part b, I'd try the below first. ii) write a letter explaining that you did not agree to new terms upon resale of your mortgage and that you only agreed to provide flood insurance on the principal. CC HUD, sunflower, your congressman, both senators, and maybe some other federal agencies I'm can't pull up in a 30 second web search. They may be hoping you're a dumbshit that will just roll over. Show that you know your rights and have a backbone and there is a good chance they will back down without you having to hiring a lawyer. 4. I need a lawyer a. do you have any family members or friends that are lawyers that will write a letter on your behalf gratis? If so, this is the time to be humble and take that favor. b. If not, get a lawyer. Make sure you get one that will tell you if it is a lost cause. Last edited by cdcox; 12-10-2013 at 01:03 AM.. |
Posts: 45,546
|
12-10-2013, 12:56 AM | #9 | |
www.nfl-forecast.com
Join Date: Sep 2000
Casino cash: $2021769
|
Quote:
|
|
Posts: 45,546
|
12-10-2013, 01:01 AM | #10 |
www.nfl-forecast.com
Join Date: Sep 2000
Casino cash: $2021769
|
I took this don't-back-down-approach with an insurance company and after about 3 hours on the phone, they decided it was easier to give me benefits that I might not have been entitled to than to keep arguing with a guy that probably wasn't going to give up. I probably kind of freaked them out, but given it was a health issue I was all in.
I also used the written approach to get out of an illegitimate back taxes bill that the IRS sent me in the 1980s. |
Posts: 45,546
|
12-10-2013, 01:24 AM | #11 | |
FINALLY! The wait is over.
Join Date: Mar 2005
Location: The Future Is Now!!!
Casino cash: $19947565
|
Quote:
|
|
Posts: 56,649
|
12-10-2013, 01:39 AM | #12 |
www.nfl-forecast.com
Join Date: Sep 2000
Casino cash: $2021769
|
I was a graduate student during the 1980's issue. At the time graduate stipends weren't taxable. When I pointed that out to them, they sent me a letter saying I owed no back taxes. But... I screwed up my 2011 electronic return, and didn't see the email where they told me they rejected it. Until. 10. months. later. To make matters worse, I forgot to have my wife sign the amended return. Needless to say I just wrote a check for the back taxes, interest, and penalty on that one. Know when to fight and when to fold 'em. |
Posts: 45,546
|
12-10-2013, 07:50 AM | #13 |
Spiraling down the Drain
Join Date: Oct 2012
Location: Dante's Ninth Circle
Casino cash: $2240588
|
Hire an attorney and be prepared to hear that you are ****ed.
__________________
"We're both part of the same hypocrisy, Senator, but never think it applies to my family." "Fredo. You are my brother, and I love you. But never take sides against the Family again. Ever." 2019 Adopt a Chief - Travis Kelce #87 |
Posts: 31,763
|
12-10-2013, 08:04 AM | #14 |
Praise Him
Join Date: Aug 2000
Location: none ya
Casino cash: $5835486
|
Take out a new loan with another company and payoff the loan to the weasels.
__________________
No Jesus No Peace Know Jesus Know Peace Ephesians 2:8-10 English Standard Version (ESV) 8 For by grace you have been saved through faith. And this is not your own doing; it is the gift of God, 9 not a result of works, so that no one may boast. 10 For we are his workmanship, created in Christ Jesus for good works, which God prepared beforehand, that we should walk in them. |
Posts: 12,181
|
12-10-2013, 08:19 AM | #15 | |
Starter
Join Date: Oct 2007
Location: West Des Moines, Iowa
Casino cash: $10005205
|
This is great advice. I would add that your note and mortgage are legally binding contracts that would be enforceable on any subsequent 'bank' that purchased your loan. IF the contract does not require the additional insurance AND does not allow for provisions to alter the terms of the contract without the consent of both parties THEN they should not be able to add these additional provisions.
If you are concerned about the cost of hiring attorney (which is understandable if the added insurance cost is a burden), then consider going to a local university law school who will sometimes offer free legal assistance. You may also check with local consumer advocacy organizations who could also find you some free legal help. Often with free information you get what you pay for, however if you have already done your homework they can be useful for confirming the legality of that which you have already discovered on your own. If you go with a paid attorney have all your questions prepared, stick to they key points, use your research and get in and get out of there, preferably with a nasty letter to send to your bank. You are probably looking at $150-300 for the consultation, plus $100-200 for the letter. That could vary. Quote:
|
|
Posts: 364
|
Thread Tools | |
Display Modes | |
|
|