Jackson, NJ asked in Banking for New Jersey

Q: Can OCWEN (a mortgage servicing company) REFUSE to accept a $5,000 Cashiers check on outstanding mortgage debt?

The agreement was to send the $5,000 Cashiers check and follow it up with 1 ot 2 checks for the remainder.

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1 Lawyer Answer
Bruce Alexander Minnick
Bruce Alexander Minnick
  • Business Law Lawyer
  • Tallahassee, FL

A: Rather than ask unanswerable questions to lawyers here on Justia you are advised to put the rejected $5,000 cashier's check in a safe place--or turn it in to the issuing bank, get your $5,000 back and put IT in a safe place while you look for a lawyer capable of defending against the foreclosure heading your way.

While shopping for defense lawyers, be sure to ask every lawyer (not their secretary or paralegal) you talk to whether they have actually defended successfully against a foreclosure having similar facts--because most have not.

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