• Report: #879278

Complaint Review: Bank or America, N.A., and ReconTrust Co., N.A.

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Mon, May 07, 2012
  • Updated: Mon, May 07, 2012

  • Reported By: James **** and Cecil **** — Las Vegas Nevada United States of America
Bank or America, N.A., and ReconTrust Co., N.A.
Internet United States of America

Bank or America, N.A., and ReconTrust Co., N.A. Failure to Post Payments, Internet

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

On November 8, 2011, our house was sold at a trustee auction sale in Las Vegas, Nevada.  The sales price was sufficient to cover the outstanding balance of the 1st loan on our house with Bank of America, N.A. and have an excess amount of $7,381.89.  The excess amount of $7,381.89 was to be applied and posted to a 2nd loan aka HELOC held by Bank of America, N.A. 

To date, Bank of America, N.A., has not posted the proceeds from the sale of our house to either loan.  Bank of America, N.A., has reported the HELOC has a charged off account  to the three major credit reporting agencies.  The fact is:  If Bank of America, N.A, would post the $7,381.89 to the HELOC retroactively to November 8, 2011, the HELOC would be current.  We do not understand the delay.  Over 4 months have past, and Bank of America, N.A., is still dragging their feet.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

This report was posted on Ripoff Report on 05/07/2012 01:07 PM and is a permanent record located here: http://www.ripoffreport.com/r/Bank-or-America-NA-and-ReconTrust-Co-NA/internet/Bank-or-America-NA-and-ReconTrust-Co-NA-Failure-to-Post-Payments-Internet-879278. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Bank or America, N.A., and ReconTrust Co., N.A.

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory