Hi There,

Has anyone had a fruitful interaction with Naderpour and Associates?  They are handling the collections on a Wells Fargo Home Equity loan, the balance of which is approximately $70K.  WFHM has agreed to the short sale, allotting the typical $3,000 to WFHE.  Naderpour & Associates, in its infinite wisdom, will accept the $3,000 plus either a) a $55K lump sum settlement or b) a $700/month payment plan.

After I stopped giggling, I wondered aloud whether N&A had advised its client that the result of such demands would be $0 and the potential for a judgment worth little more than the paper it would be written on.  Ms. Bean responded that of course they understood and that this was their position - to not engage in any debt forgiveness.

We have been dealing with Tabitha Bean, the office manager, and I expect a call from one of the attorneys today. But I wanted to check here to find out if anyone else has had a similar experience or, ideally, if anyone has had a better experience.  Thank you in advance for your comments.  We will also keep you posted on the results.

All the Best,

Chris Black

Attorney

Winged Foot Title, LLC

8695 College Parkway, Suite 1041

Fort Myers, Florida  33919

P:  (239) 985-4142

F:  (239) 425-3518

W:  www.wingedfoottitle.com

W:  www.shortsaletitlesolutions.com

 

 

Views: 986

Replies to This Discussion

My comment is succinct. They are idiots.

Hi Chris,

What was the outcome of your interactions with Naderpour?  I did a short sale in 2011 with them and had to sign their Stipulation of Settlement document in order for them to release the lien so I could complete the short sale process.

Now that it is complete, I am wondering if there are other settlement options I can explore with them.

Do you have any information to share regarding your experience?

Thanks

Nick Hohlfeld 

Nick,

Wish I had better news for you. Our experience was never resolved.  I hope that yours goes better!

All the Best,

Chris

Thanks Chris,

How did you and your client leave things with them?

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