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.
Recently, we met with Brenda and heard a story we’ve heard all too often. Brenda had run into problems with her mortgage and was contacted by an out-of-state outfit which promised her for a few thousand dollars it could straighten things out and help her get mortgage relief.
In last week’s Foreclosures Stories article about Mark and Susie titled “The Supreme Court Gets It!” I compared our judicial system to a waking sleeping giant when it comes to securitized mortgage foreclosure cases.
Before in this column, I compared the court system to a sleeping giant when it comes to foreclosure cases, in that it is just slowly waking up to all the fraud and abuse by the banks in their push to take peoples’ homes away because it is profitable to do so.
Jim and Ashley moved into Ashley’s father’s home when he passed away years ago. Even though the mortgage was in Ashley’s father’s name, they continued to make payments to the bank, GMAP, for some time thereafter.
When Rita first came into our office in February 2012, her situation was desperate. After being laid off of work in March, 2009, she soon fell behind on her mortgage payments and was sued for foreclosure in 2010. After a lengthy process she ultimately suffered a foreclosure judgment about three