[WSBAPT] PR receives Misapplication reversal check from Decedent'sbank
Tom J. Westbrook
tjw at w3net.net
Tue Feb 3 15:12:03 PST 2015
Haven't had that experience. In my cases, the PR continues payment and
the bank usually contacts the PR to see if an heir wants to take over.
But, none of those loans were delinquent. When they send out a Notice of
Pre Foreclosure Options, ask for an "in person" meeting and see if you
can help the PR fix the delinquency if that is the goal. Make sure to
send them Probate Notice to Creditors.
Sincerely,
Tom
Thomas J. Westbrook
Attorney at Law
Rodgers, Kee & Card
324 West Bay Drive NW, Suite 201
Olympia, Washington 98502
Phone: 360-352-8311
Facsimile: 360-352-8501
Email: tjw at buddbaylaw.com
Skype: thomas.westbrook
www.buddbaylaw.com
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From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of G. (Gus)
Benjamin Lindsey III
Sent: Tuesday, February 03, 2015 8:19 AM
To: wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] PR receives Misapplication reversal check from
Decedent'sbank
Good morning,
This is a new one for me...
PR made payments on decedents mortgage to bring payments current in
order to prepare the home for sale. PR received a check from decedent's
bank with a note that says "misapplication reversal" and no further
explanation. The amount of the check appears to be the same as the
mortgage payments that have been paid by the PR.
PR is contacting the bank to determine why the check was sent.
Has anyone received one of these checks in the context of a probate?
Decedent's affairs were a mess, including being behind on his mortgage.
However, Decedent has significant equity in the home, which is currently
on the market for sale. The PR has not received any notices regarding
foreclosure from the mortgage company/bank.
Any insight will be appreciated...
Sincerely,
G. (Gus) Benjamin Lindsey III
Attorney-at-Law
The Law Office of G. Benjamin Lindsey III
2012 Grade Road, Suite 202
Lake Stevens, WA 98258
Phone: (425) 263-9585
website: www.gbl3law.com <http://www.gbl3law.com/>
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