This is a generic Affidavit to accompany a Motion to amend or strike alimony provisions of a divorce decree because of the obligor spouse's changed financial condition. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Divorce Modification With Wells Fargo In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00004BG-I
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
To change your name on your accounts, you will need to meet with a banker in your nearest Wells Fargo branch. Please bring your updated photo ID and an original or a certified copy of any supporting documents (such as marriage certificate, divorce decree, or other court orders).
Improperly denied mortgage modifications: During at least a seven-year period, the bank improperly denied thousands of mortgage loan modifications, which in some cases led to Wells Fargo customers losing their homes to wrongful foreclosures.
Consumers were illegally assessed fees and interest charges on auto and mortgage loans, had their cars wrongly repossessed, and had payments to auto and mortgage loans misapplied by the bank.
If one of the divorcing spouses wants to keep the home, applying for a modification while the divorce is pending is possible. But if both spouses signed the original loan documents, then both spouses will usually have to sign the modification documents.
Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The scandal-ridden bank announced a significant shift on Tuesday to focus its mortgage business on serving bank customers and minority homebuyers instead of acquiring new customers.
One in three American households is a Wells Fargo customer and is affected by its business practices and "corporate culture," the CFPB says. More specifically, Wells Fargo customers who had either an auto loan, mortgage loan or bank account between 2011 and 2022 were affected and may be eligible for a payout.
Once a loan modification is approved and the new terms are in effect, it is generally considered final. However, borrowers may be able to negotiate further modifications if their financial situation changes again. It is essential to maintain communication with the lender and explore all available options.
Whether visiting a bank location in person or using a bank's customer service phone line to initiate a name change, you should be prepared to provide these documents: A certified copy of your marriage certificate. Your updated Social Security card. Your updated photo ID (driver's license, passport, etc.).
More info
Call us to connect with a home preservation specialist to review your options. You may need to send copies of canceled checks to show expenses you have paid, such as divorce settlement, child support, or other required expenses.After all the paperwork is signed and notorized how long should it take to finalize a loan modification. Before a final divorce decree forced me to sell my home and catering facility, I applied for a loan modification. The best way to handle the modification if you're getting divorced is to apply once the divorce is final. Answer your mortgage loan questions with our mortgage FAQs. Learn more about prequalifying, applying, rates, terms and more at Wells Fargo. Seek out a good foreclosure defense attorney, and one that knows what grounds are proper for vacating a final judgment. Learn about how shared debt, like a mortgage, can impact your financial future during the divorce process. I called Wells Fargo to explain that my ex has not lived in the house or contributed to the mortgage since 1999.