West Coast Servicing, Inc. Mortgage Complaint

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

Created with Highcharts 4.2.3West Coast Servicing, Inc.Loan modification,collection,foreclosureSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan modification,collection,foreclosureSource: Consumer Financial Protection Bureau

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