Great results are coming in fast and furious these days, so I decided to tell the tale of two recent cases we’ve had. First is the matter of Mr. Hackett, a Vietnam War veteran, who first came into our office on April 5.
When Lenny first came into our office in October 2012, he had been struggling to get mortgage relief from his bank to no avail, for several years. His mortgage problems began when he went through a costly divorce, causing him to fall $10,000 behind in his payments.
The world of securitized lending, as I call it, never ceases to amaze me. Increasingly, surprises seem to be found around every corner of the journey of a homeowner’s fight with the bank to save his or her home against foreclosure.
Joe and Jenny Robb came to see us in August 2012, after being sued for foreclosure on their $72,000 mortgage. They ran into problems in paying on the mortgage when Joe’s income dropped after he was forced to find a new job.
Stephanie was sued for foreclosure on her $47,000 mortgage after missing three payments in 2004. As generally is true with banks these days, Stephanie’s bank showed her no forgiveness when she fell behind.