from the Law Office of Craig Jordan
Vanderbilt Mortgage appears to regularly violate the law when it repossesses mobile homes in the State of Texas. If your home was repossessed unlawfully, you may be entitled to wipe out the debt completely and possibly even recover a substantial amount of money from Vanderbilt.
Depending upon the facts of your case, you could be eligible to recover a penalty of 10% of the purchase price of your mobile home plus the entire amount of the finance charge you agreed to pay. This can be a lot of money. For example, if you purchased a mobile home for $30,000 and agreed to finance it over 20 years at 9% interest, the agreed finance charge would be almost $65,000. If you won your case, Vanderbilt would have to pay you $68,000.
Of course, not everyone who had a mobile home repossessed by Vanderbilt is going to be able to qualify for this kind of recovery, but I believe that a substantial number of people will. Fill out this form for a free review of your case against Vanderbilt Mortgage to see if you qualify.
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990 S. Sherman Street, Richardson Texas 75081
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