Posted on: 07th Nov, 2012 10:41 pm
We’re in a strange situation. We have a mobile home and now we find that the lender locked us out of that home. They have changed the locks. Due to job changes we moved out in July 2008 and placed the property for sale. It still hasn't sold as of today. We have continued to make the payment and taxes and lot rent for the place. Unfortunately we didn't and still don't have the money to move the mobile home etc...so our options were to continue to pay or walk away, but we wanted to try to keep our credit from being hurt. Since we have never been late with payments, what right did the loan company have to change the locks? We found out about 6-8 months later that they did this and when we called them they sent someone out with the new key. Do we have any legal recourse?
Hi Guest!
Welcome to forums!
If you haven't been late on your payments, then the lender shouldn't lock you out of your property. It is quite strange that the lender did such a thing. You can contact an attorney and take his opinion in this regard. He will help you know whether or not you will be able to take any actions against the lender.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If you haven't been late on your payments, then the lender shouldn't lock you out of your property. It is quite strange that the lender did such a thing. You can contact an attorney and take his opinion in this regard. He will help you know whether or not you will be able to take any actions against the lender.
Feel free to ask if you've further queries.
Sussane
Hi Guest,
I agree with what Sussane has said. You should contact an attorney and take his opinion in this regard, He will be able to let you know whether or not you should take any legal actions against the lender or what will be the outcome of this situation.
Thanks
I agree with what Sussane has said. You should contact an attorney and take his opinion in this regard, He will be able to let you know whether or not you should take any legal actions against the lender or what will be the outcome of this situation.
Thanks
Yes definitely a legal action can be taken against the company but consulting a lawyer would be better as prior notice and other formalities also must have been done before taking such a step.