Talking to wamu about a HELOC. No joy?

Question

I have a friend who is having a hard time getting Wamu to talk to her about her account. This is a HELOC (2nd ) on her house. She took it out last July. There was some fraud (someone tried to send money to this account, it was a bogus money order to the tune of 108K). She transfrered 75 to her wamu acct as sho thought it was a credit from somewhere else and did not know it was fraud.
As soon as she found out it was fraud she transfered the $ back.
They closed the credit line.
Months went by. She never got a statement beyond the first one which she paid on.
Every time she called she got the run around.
Finally, in Nov 06 her atty when to the bank with a notorized statment and Wamu report to the effect that there was fraud and what should she do.
No Joy. Fast forward and I am doing the same investigation: how much is she supposed to pay to get caught up? We are getting the complete run around and can not work it out. Does she have any rights to pay?? To get caught up?

Answer 1

WAMU is likely to initiate foreclosure procedures to get its money back. Your friend transferred the money back to what?

Your friend cashed $108K money order (or fake certified check).

WAMU is not responding to your friend's lawyer because they probably think he's part of the fraud as well. If WAMU doesn't initiate foreclosure proceedings, expect a call from the Secret Service or the FBI because we're talking about a lot of money here....

Answer 2

Sounds like your friend needs a lawyer. The longer she waits, the worse it will get for her. If she owes money, she does have a responsibility to attempt to pay it.