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Avoiding Foreclosure Wells Fargo

October 22nd, 2009

Avoiding Foreclosure Wells Fargo
At what point should I look for a lawyer to avoid foreclosure?

My lender, Wells Fargo Home Mortgage, Bumble and has struggled with my situation for over 4 months. I send faxes with paycheck stubs, personal financial information, etc. …. on two occasions that "lost" However, on several occasions I move from department to department, and am still trying to establish a payment plan with them. They have refused any payment that I have attempted in this point, saying it would not only be accepted and sent back. I'm pretty sure this is intentional as my house has tripled in value since I bought it for 5 years … would love to have it. In addition, more than doubled what I owe in installments and they keep adding. If I can secure a lawyer to resolve a refund, how does that work? Obviously I am not in good enough financial shape to afford a lawyer above and beyond the additional amount that I owe my lender and I want to stay in my house.

If your house has tripled in value in 5 years (highly unlikely, especially in this environment) just go ahead and sell it, pay the mortgage, the pocket of the profit and pay cash for a more modest home and be done with this. All this sounds a little suspicious to me. I had a mortgage with Wells Fargo and things went very well. However, I never fell behind in my payments.

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