Homeowners with Wells Fargo who have turned to bankruptcy as a result of financial distress are among some who have seen problems arise after being denied a federal home loan modification from HAMP, but recent reports from the Treasury Department have shown that there was mixed results in this area for Wells Fargo, in terms of the number of homeowners who have found themselves in positions where they are in the process of bankruptcy. Yet, homeowners are often urged to remember that there are assistance options available that may help them avoid bankruptcy and foreclosure, as many servicers like Wells Fargo do still offer a multiple of programs that can be beneficial for homeowners in need.
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