I paid off mortgage, is there a time limit on how long the mortgage company has to refund my Escrow funds?
State/Country relating to question: New Mexico
Calling the mortgage company, and found out they filed for bankruptcy protection in Florda.
Hi - my name is XXXXX XXXXX X'X a Real Estate litigation attorney here to assist you.The lender has 30 days from the payoff to return your money to you under CFR 3500.17(f): http://www.law.cornell.edu/cfr/text/24/3500.17
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Kirk, Your response was very helpful. I attended a scheduling meeting in the Federal District Bankruptcy court in Jacksonville, FL on July 13, 2012. My next appearance will be to present my basis of my claim. This hearing will not take place for quite a while. I suspect nine months to year. Judge Funk, commented that I can negotiate directly with trustee and attempt to settle my claim before my hearing. If I have any question as I prepare my hearing presentation, I will contact you. Thank You Ron
That sounds good. I'll be here if you need something.
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