Home equity loan or line of credit Loan modification,collection,foreclosure
West Coast Servicing, Inc. Mortgage department,
Home equity loan or line of credit Loan modification,collection,foreclosure Colorado
In -/-/-/-/-/- I started my own business. I lived in a condo with a mortgage. I applied for and received a Home Equity Loan from - - in order to finance my business. At first I was able to make the payments because business was still decent. The recession hit really hard and I lost almost everything. I had to declare bankruptcy but was just barely able to keep my condo. It was terrifying and exhausting. - - sold my loan to some bank in - ( I have the details at home but am trying to type this out at work while I have a moment of spare time, I 'm sorry - I can add the details! ). I contacted that new holder of my loan and they told me that I did n't have anything to worry about - they were n't trying to take my condo - and they were simply going to hold the loan without charging interest or requesting payments and they would just take the money they were owed when I sold the condo. This " business loan '' was the only thing I was n't able to relieve myself of in my
ca n't make the payments and I never agreed to this. Now they have a local attorney who is taking me to court over this! There is a date set for later this week or next. I do n't know what to do. I do n't know who to turn to over this and I need advice as soon as possible. I do n't want to be take to court again over losing my business. My original mortgage was with - ... everything about the loans I received was quintessentially everything that went wrong with all of the banking that caused the recession. I feel like I 'm still caught up in the teeth of the ramifications of easy lending and now very predatory practices. I never agreed to any of these terms! I think they want to foreclose on my condo - the only thing I was able to salvage after so many years of loss and hard work. Please Help!!!
West Coast Servicing, Inc. customer in Colorado
May 02, 2016
* Source: CFPB Complaint Database
West Coast Servicing, Inc. response to complaint:
Untimely response
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintLoading similar complaints