The Trial Period Plan notice will be rescinded if an error is detected.
You agree that if an error in the terms of the Trial Period Plan or your eligibility is detected after issuance of the Trial Period Plan notice, the Trial Period Plan will be void and of no legal effect upon notice to you of such error. You understand that a corrected Trial Period Plan will be provided to you if it is determined that you remain eligible for a loan modification after correction of the error.
Probably. However, as in most things, other provisions of the trial period plan and the "many errors" you mention should be reviewed by an attorney, as well as the particular facts. Few legal questions can be answered in a vacuum such as you present.
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Loan Modifications and Trial payment Plans are very very technical aspects of the law. There have been a host of lawsuits discussing these and the implications of the TPP. I suggest on these very technical questions you see an attorney who understand this.
This is for general information only. Nothing in this information should be construed as creating an attorney-client relationship nor shall any of this information be construed as providing legal advice. Laws change over time and differ from state to state. These answers are based on California Law.Applicability of the legal principles discussed may differ substantially in individual situations. You should not act upon the information presented herein without consulting an attorney about your particular situation. No attorney-client relationship is established.
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