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Old 05-24-2007, 07:41 AM
needadvice needadvice is offline
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Join Date: Apr 2006
Posts: 362
Default Re: bank's mistake-a legal case?

I guess you do not have a valid claim, since the bank erred in not collecting principal payments for an year does not mean you get out of paying interest on the whole loan during that time. Not sure but you could may be get a credit for the interest on the principal payments you should have made.
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