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Bank of America Forgiveness on HELOCS
This is likely per the AG Settlement. I've seen Chase do this on their
Helocs and it takes time to get that lien released.
Christine
On Fri, Sep 21, 2012 at 4:43 PM, Larry Webb wrote:
> **
>
>
> I have one client email re the same.
>
> Larry Webb
> On Sep 21, 2012 2:38 PM, "Kenneth Schwartz"
> wrote:
>
>> **
>>
>>
>> I have just had 3 separate clients forward me letters from Bank of
>> America stating that the Bank has approved full principal forgiveness on
>> their HELOCs. Typical Bank of America, no contact person or address for
>> correspondence given, and the usual voice-tree telephone number that gets
>> you nowhere. My question, what about the recoveyance of the deeds of trust?
>> No mention is made of that in the letters. Is this merely in personam
>> relief? If so, big deal. My clients' BKs already achieved that.
>>
>>
>
Christine A. Wilton, Esq.
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This is likely per the AG Settlement. I've seen Chase do this on their Helocs and it takes time to get that lien released.ChristineOn Fri, Sep 21, 2012 at 4:43 PM, Larry Webb <larry@webbklaw.com> wrote:
I have one client email re the same.
Larry Webb
On Sep 21, 2012 2:38 PM, "Kenneth Schwartz" <kennethjschwartz@yahoo.com> wrote:
I have just had 3 separate clients forward me letters from Bank of America stating that the Bank has approved full principal forgiveness on their HELOCs. Typical Bank of America, no contact person or address for correspondence given, and the usual voice-tree telephone number that gets you nowhere. My question, what about the recoveyance of the deeds of trust? No mention is made of that in the letters. Is this merely in personam relief? If so, big deal. My clients' BKs already achieved that.
-- Christine A. Wilton, Esq.Law Office of Christine A. WiltonOffice:5150 Candlewood Street, Suite 17FLakewood, CA 90712Mailing:
4067 Hardwick Street, Suite 335Lakewood, CA 90712Office: 877-631-2220Cell: 562-824-7563Fax: 1-636-212-7078Email:
The post was migrated from Yahoo.
I have one client email re the same.
Larry Webb
On Sep 21, 2012 2:38 PM, "Kenneth Schwartz"
wrote:
> **
>
>
> I have just had 3 separate clients forward me letters from Bank of America
> stating that the Bank has approved full principal forgiveness on their
> HELOCs. Typical Bank of America, no contact person or address for
> correspondence given, and the usual voice-tree telephone number that gets
> you nowhere. My question, what about the recoveyance of the deeds of trust?
> No mention is made of that in the letters. Is this merely in personam
> relief? If so, big deal. My clients' BKs already achieved that.
>
>
>
I have one client email re the same.
Larry Webb
On Sep 21, 2012 2:38 PM, "Kenneth Schwartz" <kennethjschwartz@yahoo.com> wrote:
I have just had 3 separate clients forward me letters from Bank of America stating that the Bank has approved full principal forgiveness on their HELOCs. Typical Bank of America, no contact person or address for correspondence given, and the usual voice-tree telephone number that gets you nowhere. My question, what about the recoveyance of the deeds of trust? No mention is made of that in the letters. Is this merely in personam relief? If so, big deal. My clients' BKs already achieved that.
The post was migrated from Yahoo.
I have just had 3 separate clients forward me letters from Bank of America stating that the Bank has approved full principal forgiveness on their HELOCs. Typical Bank of America, no contact person or address for correspondence given, and the usual voice-tree telephone number that gets you nowhere. My question, what about the recoveyance of the deeds of trust? No mention is made of that in the letters. Is this merely in personam relief? If so, big deal. My clients' BKs already achieved that.
The post was migrated from Yahoo.