Alright, here's a little story,
We were having financial difficulties, We were still current with all of our payments, but very tight situation financially.
We called and said our payment is going to be a little late this month, they said Oh? Well we can help you by doing a deferred payment plan, for 3 months and they could add it to the end of the loan. Instead of our final payment being due in June of 2031 it would be due Sept 2031.
They also said this would be without any EXTRA interest accumulating. We thought man that's awesome! Just what we needed! So they faxed us a "DEFERRERD PAYMENT PLAN" document.
We signed it, but I filled in all the blank spots with the the dates, and info, they had told us during our recent conversation. We faxed it back. They said No here's another fax.... "Just sign it"
Again, it was blank, so I filled in the missing areas, and drew lines through the other spots that didn't pertain to the agreement we had made via phone, we signed it and sent it back in.
Once again they said NO! "Just Sign the document, and don't fill in the spaces, that's our job, and has to have our handwriting on it! If you fill in the spaces again, WE CAN NOT DO THE DEFERRED PAYMENT PLAN FOR YOU!"
So we signed the blank document, and sent it in in desperation not to become "deadbeats", and in hopes that we could financially recover.
Guess what??? Three months later they come'a'callin' it was 5 days, after our due date, and I was getting ready to call them, to make the payment for that month, when they called, and said "OKAY, YOUR 3 MONTHS ARE UP! WHERE'S OUR MONEY?" They wanted all of their money or no money, I said but that's not what we signed, "OH YES YOU DID!" after a lengthy insultive convo with them, and crying my eyes out, begging them.......... they still said No, give us all the payments or we take everything.
Chapter 13 was our only option at that time, so thats what we did. 3 payments behind on mortgage, were worked into our Chpt. 13 repayment plan, so the 3 months that we didnt pay on deffered payment plan, WERE INFACT Eventually PAID! (thorugh bankruptcy)
So now in saying all of that, it means, that effectively.......... WE have never missed a payment.......... Meaning if there have been 132 months of payment due on our loan. They have recieved 132 payments!!!