We recently received a refund for our mortgage escrow because the account was said to have been overpaid for the year.
After phone verification that said check was valid, we cashed it.
Now, a few weeks later we received a letter in the mail saying the check was in error, and we have to send it back, or, send them a check for the value, or it will be tacked onto the escrow as an added debt.
Is it legal for them to claim this money was an error on their part after saying it wasn't? Can they legally do anything to remit payment after the check was cashed (and verified to be legit, albeit via phone). What recourse do we have if any?
We reside in Michigan, as I'm sure local state law applies somehow.
Thanks in advance for any assistance offered!