Foreclosure money coming in?
Posted: May 2, 2013
My daughter intentionally left her home she bought a few years ago, not foreclosed on. She just this past week received a check for about $3,000 or so she states was because of some bad doings on the part of the foreclosure issues that went on in the US. I have told her my thoughts about this, 1 being not to put in your own account at the bank because of the possibilty of not being a good check and 2 going to the bank it was written on and checking/cashing/depositing there. The bank is 1 that she nor I never one know of. What I am wondering is has anyone here gotten any money back from anywhere relating to the foreclosure issue and if so were there any issues going on there. I would hate for her to get involved in a scam and have tried giving her my thoughts but she is grown and will make her own decision about this but I would pass on information I glean. TIA.;
forclosure money - workhorse
[ In Reply To ..]
It's from the Independent Foreclosure Review and the check is good. I got $500 because I was denied a modification in 2009. Long story to all of it but 4.2 million people are getting some misc amount for the trouble the banks caused during 2009 and 2010. According to the charts the IFR used I should have gotten $6000 but didn't. Lots of corruption in determining who got what. Most likely a class action lawsuit to follow but tell her the check is good but she will most likely get a 1099 for the tax.
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