Hello,
I fell behind in mortgage payments to Wells Fargo my servicer. They wanted $8100.00 to reinstate my loan. My attorney sent funds to Wells Fargo and they returned the $8100.00 stating it wasn't enough to reinstate the loan. There after, they sent me another reinstatement letter they wanted additional $3600.00 over top of the 8100.00.($11,200). My attorney acting as trustee now holding $30,000.00. I have been paying my attorney on time for the last 19 months. Wells keeps stalling..... They want my house I have over $100,000.00 in eqiity. I want to keep my home. Can someone please help.
Thanks,
Ed
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Answer
Why aren't you talking to your lawyer about this? Your lawyer's holding money on your behalf without doing more is not advancing your case. What else is your lawyer doing - negotiating on your behalf? filing papers with the court to force Wells to modify your mortgage and stop the foreclosure procedure, if one if advancing? Talk to your lawyer.
THIS RESPONSE IS NOT LEGAL ADVICE, SINCE I DO NOT HAVE ALL OF THE INFORMATION THAT WOULD BE REQUIRED, AND I DO NOT HAVE A REPRESENTATION AGREEMENT WITH YOU.
* If the answers to your question confirm that you have a valid issue or worthwhile claim, your next step should almost always be to establish a dialog with a lawyer who can provide specific advice to you. Contact a lawyer in your county or township.
* Another reason for contacting a lawyer is that it is often impossible to give a good answer in the Internet Q&A format without having more information. The unique circumstances of your situation and things that you may not have thought to mention in your question may completely change the answer. If you want to be sure that you have a complete answer to your question and an understanding of what that answer means, establish a connection with a lawyer who practices in the area of your concern.
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