Rickcalifornia
New Member
My mom has a 30 yr loan on a mobile home in CA. She filed a bankruptcy a few years ago. During that time some payments were deferred. They were tacked on the rear of the loan. The loan was issued at the end of 98, not even 15 yrs ago. The loan company (Green Tree Financial Rapid City, SD) called this morning and said the previous deferred payments were all past due and a balance of 4000+ was due at this time. How can a 30 yr loan be due before 15 yrs has expired? And what our our options at this point? My mom is on SS and has made all her payments on the loan ahead of time.To complicate matters, she can not find the original loan papers. According to the statement she receives, these are the last payments due to complete the loan.
Last statement
Billing date 08/02/2013
NEXT DUE DATE 08/25/2103
Total Amount Due $2,428
We could use some help.
Last statement
Billing date 08/02/2013
NEXT DUE DATE 08/25/2103
Total Amount Due $2,428
We could use some help.