Mailbox Money

So, three years ago I lost my job and fought tooth and nail with US Bank to get some mortgage assistance and rework my payments for my house. We battled it out for 18 months, but in the end I decided that it wasn’t worth it so we surrendered it to them. It wasn’t truly a foreclosure, but it wasn’t exactly a sale either. They gave me money and I moved out. I had default insurance which paid off the remaining balance of the mortgage and that was that. 

During the whole process they kept sending notifications to 1425 Park St, which was NOT my address. It was 1424 Park St. The notices found their way to my house because we live in a small town and the mail carrier guessed that it was supposed to be 1424 since there ISN’T a 1425 and it had my name on it. Either way, it was negligence on the part of the bank for not keeping their stuff in order. Apparently they did this to a lot of people who were more upset about losing their homes than I was. Those people filed a class action law suite. They WON their case, and after careful review of the processes surrounding the whole deal with my house I got a $3,000 check in the mail yesterday as a part of the settlement.  

I mean in all reality we could have taken them to court and fought it on some wishy washy grounds that they took advantage of us and blah blah, but the long and short of it is this. It’s been three years, there is another family living in the house currently, and I’m not about to kick some other family out on the street just because the bank made a mistake three years ago. That and during the whole thing we living in the house for free. I was waiting to hear back about my application for assistance so I never made any payments. It’s not like I was making payments and they started foreclosure proceedings anyway, I wasn’t paying. As far as I was concerned it was just the fault of the bank for everything going to the wrong address, and it was annoying but nothing to start an uproar over. Especially since Kevin’s job was up in the air, we were probably going to be moving sooner than later anyway, and I completely got screwed when I bought the house. It was completely falling apart, should NEVER have passed inspection, and really wasn’t fit to live in. I didn’t discover this until AFTER I moved in and lived there for a little while, but really, it was a blessing in disguise for the bank to mess up like that. 

I was completely content just to be out of there scott free, and now they’re giving me money! For one little digit on an address I got $3,000. In addition to the money they gave me when we moved out! I actually profited more than I paid on the house at this point, and lived there for free for 18 months! lol. 

I am living proof that it pays to be honest and do the right thing. Maybe not right away, but it does. We decided to split it up $1k a piece to spend willy nilly and $1k to save responsibly. I’m feeling very rewarded for my integrity here lately. It’s nice. 🙂 

Until later Bloggies. 🙂

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