Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

fraudulent debt and mortgage

Posted on: 10th Jun, 2007 04:39 pm
iwas intending to borrow money from the bank under my company\'s name. I disccused with the bank manager and lodged application.
but i became sick and somehow, my manager seemed to have signed a mortgage for me which was excess of the mortgaged property\'s value. my manager ran away, and now the bank wants to enforce the debt against me? as a director, would I be liable?
Welcome peiwenchen,

You mean the manager has signed on your behalf? But how is this possible, I mean you can't carry on with the loan that didn't ever want to go for. I think you should have a talk with the bank manager with whom you have applied for.
Posted on: 10th Jun, 2007 10:10 pm
That is a fraud done on you.

You should file a complaint against it with law enforcement authorities. Contact an attorney as early as possible so that this loan transaction can be canceled.

Miller
Posted on: 11th Jun, 2007 04:00 pm
"my manager seemed to have signed a mortgage for me which was excess of the mortgaged property's value."

How bank accepted your manager's signature in your place? That is a scam.

You are not liable to anything as you did not sign any documents.
Posted on: 11th Jun, 2007 04:46 pm
Page loaded in 0.114 seconds.