We were being double tracked here in Cal. By JPMorgan Chase, orignal lender Fannie, when we lost the property to fire, the mortgage co. told us to take out of modification in order to rebuild, we wanted the short-sale if modification wasn't possible, then the fire, the mort. co said if we take it out of modification we could rebuild, we did so, then they foreclosed the property got the insurance...now we are in kind of limbo..do we still own the property? does the insurance co still get half the insurance, they are named on the loss and rebuild monies, what do we do:?

About The Expert

Amy Bach

Amy Bach has been a professional advocate for insurance policyholders since 1984 and an attorney since 1989. She co-founded United Policyholders in 1991 and serves as the organization's Executive Director and primary spokesperson; shaping and overseeing the Roadmap to Recovery™, Roadmap to Preparedness, and Advocacy and Action programs. She is a nationally recognized expert on insurance claim and legal matters; frequently interviewed in print and broadcast media, and the author of numerous publications including "The Disaster Recovery Handbook", "WISE UP: The Savvy Consumer's Guide to Buying Insurance" and consumer tips and guides in the UP Claim Help Library.  Recognized by Money Magazine as a Money Hero, Bach is in her eighth consecutive term as an official consumer representative to the National Association of Insurance Commissioners, and is a member of the Federal Advisory Committee on Insurance.