AV in Tennessee said: “I had 2nd Mtg w/HSBC Mtg re: (redacted) Arborgreen Cove, (redacted) purchased in 2004. Gave up home in 2008; it was sold at auction. Informed HSBC of sale but they are still billing me even though it has been about 11 months since home was sold. HSBC claims to have no knowledge that I no longer own house and that I must pay off loan.
Loan is upside down on interest. Nearly 10% of bal of loan is collected monthly with less than $20 going towards principle.
Designated funds I specified to go towards principle have been hijacked by HSBC and applied towards bankruptcy and attorney fees, will not explain charges in detail.
Bankruptcy Court paid them a settlement of account when it was discharged. I paid them a very large sum just before that when I was still trying to save my home. I was promised that I would not be charged for any additional fees dealing with that bankruptcy.
It is my understanding that once a house has been sold at a Sheriff’s Auction and the courts review and accept the sale as a final settlement of accounts, all contracts for said property become null and void.
I believe that if a lending party is dissatified and wants to try to recuperate the balance or portions thereof of the loan in question, they must pursue the borrowing party in a seperate court case.
HSBC is demanding money from me for a home I no longer own without just cause. I feel I am being exhorted.
Please help!”
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