What is the name of your state? Connecticut
Recently I thought I was approved for funding through a loan broker to pay off my mortgage, which was the one and only debt included in a Chapter 13 Bk.. My attorney filed a MOTION TO BORROW. The broker sent my attorney a good faith estimate and led her to believe we had a lender in place. The BK Hearing was cancelled after I got into a heated battle with the lender. I subsequently learned that the lender never really had a pre approval or loan committment for me and was basically a liar? In view that he made a jackass out of myself, my attorney and the BK court, leading everyone to believe that he had a lender and funds in place and really had nothing, is there any legal action I can take against this unscrupulous broker? Can a lender just ask for a hearing without an actual lender in place?
The papers mention a lender and the lender informed me that the broker pulled that application weeks ago.
Should I pursue litigation against the lender or is this a usual practice, requesting a motion to borrow but not really having a lender in place and just estimating principal, interest, etc? Thanks for the help here... I'm so agitated.
Thanks for the help.
Recently I thought I was approved for funding through a loan broker to pay off my mortgage, which was the one and only debt included in a Chapter 13 Bk.. My attorney filed a MOTION TO BORROW. The broker sent my attorney a good faith estimate and led her to believe we had a lender in place. The BK Hearing was cancelled after I got into a heated battle with the lender. I subsequently learned that the lender never really had a pre approval or loan committment for me and was basically a liar? In view that he made a jackass out of myself, my attorney and the BK court, leading everyone to believe that he had a lender and funds in place and really had nothing, is there any legal action I can take against this unscrupulous broker? Can a lender just ask for a hearing without an actual lender in place?
The papers mention a lender and the lender informed me that the broker pulled that application weeks ago.
Should I pursue litigation against the lender or is this a usual practice, requesting a motion to borrow but not really having a lender in place and just estimating principal, interest, etc? Thanks for the help here... I'm so agitated.
Thanks for the help.