they have mailed me new loan papers to sign that raised the payment $50.00 and will end in 2012 with balloon note of $50,000,I only make minimum wage, this loan is immpossile and I used my family land for security to buy an R.V. to live in on land . the loan paid for the r.rv and they also hold that title to it and 35 acres of land. I will lose land and R.V. if I miss payment. I cannot afford legal advice.
I do not have trust in this bank, after I filed B.R. in the legal time frame to prevent public sale in small town, the bank attorney sold the land in public auction claiming they did not recieve the message to halt from my B.R lawyer,causing great family feud and embarressment,they did reverse it after damage was done,they raised the loan almost 20,000 due to few days of interest while I struggled to file bankruptcy and also 7000.00 for attorneys fees added which is all included on new papers they want me to sign. This is in S.Ga. I am now legal resident of FL after moving here with family and securing employment.Need legal advice in Lake City FL,could I renew this loan with new company?Do not want to lose land family owned and pd for for 100 yrs.Do not wish to be locked into this bank that my ex-n-laws have ties with and constantly try to breack me,they are who the bank attorney tried to sell land to,I have always felt this small town takeover attempt,I need new loan for longer period
Should I try for loan with local companies, online, in Fl or do I have to keep loan in Ga. where land is? How do I know who to trust? How should I gather advice?
Did you reaffirm this loan in your bankruptcy? If so they can not force you to agree to new terms, interest and payments they must honer the original agreement.
You need to talk to your bankruptcy attorney this is what you paid them for.
-
April 12, 2009 at 05:48 am
Did you reaffirm this loan in your bankruptcy? If so they can not force you to agree to new terms, interest and payments they must honer the original agreement.
You need to talk to your bankruptcy attorney this is what you paid them for.
References :
Finance Manager for over 9-years / BK in 2000. -
April 12, 2009 at 06:21 am
Talk to the attorney you use to file for bankruptcy or see if you can find free legal aid in S Ga. This whole deal smells to me. If you're current with the loans you have, I don't see how they can force you to sign for new terms. The most they could do is wait for you to not make a payment on time. But do something to check on your legal rights. Don't just wait for something to happen to you. That's the worst thing you can do.
References : -
April 12, 2009 at 06:38 am
Most people most likely will not give the best information, I would visit a website like http://diylegalinfo.com/bankruptcy_Links.html for more acurate information
References :
http://diylegalinfo.com/bankruptcy_Links.html