Forebearance

Guest 0.10 Dollars($)

I am on some type of repayment plan with Litton Loan. The payment I am making is $400 more than my normal payment. They claim that the extra money is being held until it adds up to one house payment. They tell me that if I miss a payment or even if its just late, that they will proceed with foreclosure. I am only two months behind, and I feel as though the forbearance account should have enough for one payment, but I have no access to see how much is in there, and they will not tell me.
Is this a ligitimate thing they are doing? and how worried should I be about foreclosure?
Thanks

Guest 0.10 Dollars($)

Hi,

I think it will be better if you contact an attorney.

If you think that they are pulling out more money, you can definitely take steps against that.

jenkin7 · Joined: 04 Jun 2007 Posts: 939 140.77 Dollars($)

Hello JC,

You should try to contact Litton Services immediately and get the matter clear. You can definitely ask them for any information you require.

You may require all the documents of this loan, if you take any legal action against them. So keep all receipts and other important papers to prove yourself.

Contact an attorney for further assistance.

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