• Report: #189826
Complaint Review:

Fairbanks Capitol Corps.

  • Submitted: Wed, May 03, 2006
  • Updated: Wed, May 03, 2006

  • Reported By:Davenport Iowa
Fairbanks Capitol Corps.
3815 South West Temple Salt Lake City, Utah U.S.A.

Fairbanks Capitol Corps. Stole my home, my livelihood and my life Salt Lake City Utah

REBUTTAL BOX™ | Respond to this Report! | Consumer Comment

What's this?
Corporate Advocacy Program

Show customers why they should trust your business over your competitors...

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™

Set the record straight:
Arbitration Program

SEO Reputation Management at its best!

I purchased my home in 1991 when I was 19 years old. I operated a small hair salon in my home for 10 years. I also raised 3 children in this home.

In 2003 Fairbanks took my home through foreclosure proceedings. Prior to foreclosure the company attached unwarranted fees, and penalties. The more I provided documents in support of my disagreement,the more often it happened.

There came points in 2003 when I wired them significant amounts of money that they claimed would make us square. However, when I did this they returned the money claiming a new sum of satisfaction. With this new sum there were additional fees attached.

I tried to refinance, no such luck with Fairbanks reporting to the credit bureau. Then I found a buyer for my home to end the mess with Fairbanks. Fairbanks delayed the sale of the home. I am not real sure how that happened. After that we were in foreclosure.

I agreed to be part of the class action suit against capitol corps.that settled in 2004. I was given a few hundred dollars for my home that I paid on for 12 years.

Today, May 3, 2006 I received from the IRS an examination report that claimed an additional income to the amount that was on my tax return. The IRS stated that due to this additional income I owed $10,000 in taxes plus interest.

I called immediately to the number on the letter. Fairbanks capitol corp. reported to the IRS that I received a $41,056 tax write off when they took my home. The IRS claims this as income.

In summary I think that Fairbanks stole my home, sold it, for $49,000 more than I owed them. I am not a genius but I think they did very well in regard to my home. 1st they got their money back plus the money I could have received if I sold the home.

Can someone please explain to me why I have to pay $10,000 for their capitol gain? I am spitting mad, and I feel like I have been violated again. Is this happening to others in this situation? Our life has been so devastated the last few years by our loss. I still notin the position to fight it.

Davenport, Iowa

This report was posted on Ripoff Report on 05/03/2006 01:42 PM and is a permanent record located here: http://www.ripoffreport.com/reports/fairbanks-capitol-corps/salt-lake-city-utah-84115/fairbanks-capitol-corps-stole-my-home-my-livelihood-and-my-life-salt-lake-city-utah-189826. 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. READ: Foreign websites steal our content

Click Here to read other Ripoff Reports on Fairbanks Capitol Corps.

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?