Wells Admits Bankruptcy Rule Violation

If you have a mortgage with Wells Fargo, you may want to check about the following. Wells Fargo will return a reported $81.6 million to homeowners after apparently reaching a settlement with the Department of Justice’s U.S. Trustee Program over the bank’s so-called “repeated failures” to provide bankrupt homeowners with legally required notices of mortgage payment increases. This was widely reported in various media locations in the past couple of days, so if you fit the description, I'd recommend you get in touch with Wells for more complete info, not to mention to see if you have any money coming from Wells, and, if so, how much and when you can expect payment. As always, Good Luck.