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We have made monthly payments, including homeowners and have been paying property tax. The only paperwork we signed was promissory note and vendor's lien deed. The vendor's lien does say the grantor was to have filed deed with the courthouse. Now we are finding that potentially this was... View More 
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answered on Feb 10, 2023
Was this transaction (if a "purchase") conducted with a title company? If so you might have a claim under the title insurance and potentially the seller.
However, from the sounds of it - you still owe the original owner for the purchase of the property (If I am reading the... View More
I requested information about the loan and the sent information requested. The application number along with the account number were sent to me. I went through a process on my bank app short story. It says “the information you provided is linked to one of your own accounts” per the mortgage... View More
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answered on Oct 29, 2024
It's uncommon for a credit union to create an account in your name without granting you access, especially if your mortgage application was denied. However, mistakes can happen, and it's important to clarify the situation directly with the credit union. Reach out to their customer service... View More
answered on Dec 13, 2023
Possibly. We would need additional information to give you an answer. Most of us offer a free consultation and are happy to answer questions over the phone.
I proclaimed my nationality and legal Notice
On or about 4 of April 2014 in Jefferson county..
answered on Mar 23, 2022
An Alabama attorney could probably advise best, but your post remains open for four weeks. This is posted under Admiralty/Maritime, but it does not appear to be something that most maritime attorneys would be familiar with. In terms of reaching out to attorneys, it isn't fully clear what kind... View More
7 years ago in Alabama I bought a car through the dealership and they sold the loan to AlabamaTelco Credit Union. AlabamaTelco is now Avadian Credit Union. I never stepped foot in the credit Union and was never a member. I lost my job and returned the car to Avadian. Now almost 6 years later... View More
answered on Aug 9, 2021
General statute of limitations for debt collection actions on a contract is six (6) years. If it is a credit card or open line of credit then it is potentially three (3) years. It seems likely that your loan would be a six year statute. Now because your loan has been transferred between different... View More
Mortgage lender is holding over $5,000 of my insurance claim funds from Hurricane Michael. I can't get them to release funds even though work is completed. They have came and inspected the repairs 2 different times. I had a disagreement with the contractor before he finished the work, so I... View More
answered on Oct 29, 2020
The bank would release the funds to the borrower on the current mortgage when the time comes, even if you have refinanced with a different bank or sold the house. Make sure they have your current address at all times. Without a release of lien from the contractor the bank will not release the funds... View More
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answered on Jun 30, 2020
If you equity line of credit is recorded as a Lien against 16 acre property you have in that County, then no. You will have to read the Loan Agreement verbatim as it may attach to any property you own. It appears you already have a Mortgage and it encumbers the whole Tract, (not just most or 80%... View More
answered on Apr 6, 2020
By co-owner I am making the assumption that the account was held by two people as joint tenants with a right of survivorship. You must confirm that with the bank. If one person dies, then the money -- at law -- is the property of the other at the moment of death. I don't see from your question... View More
I am the Executor of my fathers estate and he was the seller in a contract for deed. The 5 year contract has come to an end and the buyers bank is requesting me to fill out a Verification of Mortgage. The buyers bank told me without the VOM the underwriter will not give the buyer the loan.... View More
answered on Mar 16, 2020
You wrote "I've been advised by counsel." You are represented by a lawyer. Listen to her or him.
I am the Executor of my fathers estate and he signed a contract for deed 1.5 years before he died. The 5 year contract has come to an end and the buyers bank is requesting me to fill out a VOM. The buyers bank told me without the VOM the underwriter will not give the buyer the loan. I've read... View More
answered on Mar 14, 2020
Required by whom? What is a "Verification of Mortgage" Probably, you have entered into a contract for deed (which is a lot tricker that you might think). Does the contract for deed violate the terms of any existing mortgage on the property? Will the "contract for deed" make the... View More
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answered on Nov 4, 2019
You should ask this question of your financial institution and your closing attorney's office. There is usually an affidavit which the bank requires the closing attorney to sign that states the attorney or closing agent has asked all parties to prove themselves by identification. Whether or... View More
In December 2018 I was given 2 Thrivent Financial debit cards loaded with $250 each, $500 total. Both cards have "valid thru 09/21". I used one of the cards for around $25 shortly after receiving it, but the next time I tried to use it the card was declined. My wife tried to use the other... View More
Over the weekend we were served with a wage garnishment , but the money was already taken out of our bank account in February . This is the same court case number and amount that was already deducted in the February withdrawal. We never received a garnishment letter from the withdrawal in February... View More
answered on Jun 26, 2019
Unless the earlier garnishment was insufficient to repay all of the debt underpinning it, I cannot think of a reason why the garnishment has re-appeared. If you want to get rid of it--temporarily--close the bank account; and do not open another account at the same bank.
answered on May 21, 2019
If the check bounces the bank will debit the amount of the check from your account and charge you a (hefty) return check charge. Then they will debit the $200 that you took out of the bad check and charge you another (hefty) fee. And finally, depending upon other facts about you past relationship... View More
Filed affidavit of heirship notarized with death certificate with the bank and they say they're holding for 60 days... Doesn't seem correct... What is the current waiting period in Alabama?
answered on May 25, 2018
It is actually 60 days. The affidavit for small accounts is governed by the banking code. The relevant section is below:
“Section 5-5A-39
Disposition of small deposits of deceased person - Time for payment; when payment prohibited.
No payment shall be made pursuant to... View More
An insurance check has deceased and her daughter's name on it.
answered on May 8, 2018
Depends on if the check says "and," "or," or it's silent as to one of those.
My friend owns her own home. She is not on my deed.
answered on Mar 7, 2018
No, she cannot be held liable for the loan unless she executed a loan with her name on it.....your friend is safe!!
I recently received notice from a local bank that they have an old judgement against me and my late husband but I do not believe that I owe it and do not recall signing the papers. I have repeatedly requested all documentation supporting the balance and judgement. But they simply ignore me and... View More
answered on Mar 2, 2018
I would go by the county courthouse in the county that you live or in the county where that bank is located (where you signed the loan/contract) and they can look up the case and whether or not there is a judgment on the case.
I owe the money to a bank but it is not the bank that my income goes into.
answered on Mar 2, 2018
First, the company has to file a lawsuit against you, then a judgment is then rendered against you (if no defense is raised). Having said all that assuming there is a judgment, they CANNOT levy your social security income! They MAY be able to levy your retirement income if it comes from a private... View More
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