Legal Question in Criminal Law in Virginia

possible laon fraud

My husband and I are seperated. I was having trouble paying my mortgage becouse he is currently in trouble for embezzelment and has lost his job. I tried going to my credit union to submitt a letter of hardship to see if the credit union could give me some help by giving me a few months of not paying the mortgage becouse i am in the process of getting a full time job. After i submitted the hardship letter by presenting my paycheck stubs so they could see proof of my income I was told by the credit union representative who is handeling my case that there was a descrepency in my paycheck stubs as to how much income I was actually making. This takes me to explain that before my husband left he pressured me into getting a second mortgage on the house and at the time I DID NOT KNOW he had submitted FALSE INFORMATION about my income as well as submitting false W2 forms to get the laon. I am completely scared about what this means as far as them trying to implicate me on fraud charges. I am very upset and distraught about what this could mean as far as me getting into trouble for his actions. Please I need help and advice as to how to proceed with this matter. I DO NOT want to further cause any implications on my self for this matter.


Asked on 4/16/08, 3:38 am

4 Answers from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: possible laon fraud

Your husband could face federal charges for providing materially false information on the loan application. And, of course, you yourself might also be implicated.

As of now, your best approach is likely to provide a written explanation to your credit union representative as to what happened and hope that: (1) you will be given a respite from having to make the mortgage payments and (2) you will not be indicted by a federal grand jury for fraudulent misrepresentations on a loan application.

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Answered on 4/16/08, 7:47 am
Michael Hendrickson Law Office Michael E. Hendrickson

Re: possible laon fraud

Your husband could face federal charges for providing materially false information on the loan application. And, of course, you yourself might also be implicated.

As of now, your best approach is likely to provide a written explanation to your credit union representative as to what happened and hope that: (1) you will be given a respite from having to make the mortgage payments and (2) you will not be indicted by a federal grand jury for fraudulent misrepresentations on a loan application.

Read more
Answered on 4/16/08, 7:48 am
Michael Hendrickson Law Office Michael E. Hendrickson

Re: possible laon fraud

Your husband could face federal charges for providing materially false information on the loan application. And, of course, you yourself might also be implicated.

As of now, your best approach is likely to provide a written explanation to your credit union representative as to what happened and hope that: (1) you will be given a respite from having to make the mortgage payments and (2) you will not be indicted by a federal grand jury for fraudulent misrepresentations on a loan application.

Read more
Answered on 4/16/08, 7:48 am
Michael Hendrickson Law Office Michael E. Hendrickson

Re: possible laon fraud

Your husband could face federal charges for providing materially false information on the loan application. And, of course, you yourself might also be implicated.

As of now, your best approach is likely to provide a written explanation to your credit union representative as to what happened and hope that: (1) you will be given a respite from having to make the mortgage payments and (2) you will not be indicted by a federal grand jury for fraudulent misrepresentations on a loan application.

Read more
Answered on 4/16/08, 7:48 am


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