The heirs of Harry Engel are suing Chase Bank after Engel experienced cardiac arrest after foreclosure was initiated. It is suggested in the suit that Chase was responsible.
Texas man has heart attack after foreclosure
According to KHOU, 79 year old Harry Engel from Texas had cardiac arrest in July 2010. His family said they lived in a home for 22 years and were forced out by JPMorgan Chase in foreclosure proceedings, which they believe brought on the heart attack.
The Engel family wanted to refinance through the Making Home Affordable Program with the Department of Treasury because they lived on a fixed income and wanted a lower rate. The local Chase branch told them that they had to miss a payment in order to qualify for the program, and they did so.
The bank started the program but stopped their enrollment in it. Chase sent them foreclosure cautions after late charges and notices came, and eventually, a Chase attorney said eviction was approaching. The man had his heart attack about that time.
Widow upset about this
Wando Jo Engel is his wife who is suing Chase for wrongful death, according to the Huffington Post. Chase was in the early phases of filing for foreclosure though it had not actually filed the paperwork yet. The Engel family was not the only family that was told to miss a payment to be able to get in the refinancing program just for the bank to change its mind and not keep going.
Earlier this year, five of the biggest mortgage lenders in the country settled with the government for $25 billion due to "robosigning" and other inappropriate practices, according to the Los Angeles Times. Part of it was "servicer-led foreclosure," which was what this is called and was talked about in 2010 in a Senate Banking Committee, according to the Washington Post.
The Engel family is not the only family to experience a servicer-led foreclosure that went awry this year. According to the Huffington Post, B of A similarly told Pamela Flores of Georgia the same, only for the modification to fall apart and for Flores to be foreclosed on.
Just a couple deaths
There have been quite a few foreclosure suicides since 2008 when the industry first started to crash, according to USA Today. Distressed homeowners had issues with their loans and started calling suicide hotlines. This year, there have been a few incidents, two of which were suicides and one which was a murder-suicide. People are crumbling under the pressure of keeping their family together when getting kicked out of a house.
Texas man has heart attack after foreclosure
According to KHOU, 79 year old Harry Engel from Texas had cardiac arrest in July 2010. His family said they lived in a home for 22 years and were forced out by JPMorgan Chase in foreclosure proceedings, which they believe brought on the heart attack.
The Engel family wanted to refinance through the Making Home Affordable Program with the Department of Treasury because they lived on a fixed income and wanted a lower rate. The local Chase branch told them that they had to miss a payment in order to qualify for the program, and they did so.
The bank started the program but stopped their enrollment in it. Chase sent them foreclosure cautions after late charges and notices came, and eventually, a Chase attorney said eviction was approaching. The man had his heart attack about that time.
Widow upset about this
Wando Jo Engel is his wife who is suing Chase for wrongful death, according to the Huffington Post. Chase was in the early phases of filing for foreclosure though it had not actually filed the paperwork yet. The Engel family was not the only family that was told to miss a payment to be able to get in the refinancing program just for the bank to change its mind and not keep going.
Earlier this year, five of the biggest mortgage lenders in the country settled with the government for $25 billion due to "robosigning" and other inappropriate practices, according to the Los Angeles Times. Part of it was "servicer-led foreclosure," which was what this is called and was talked about in 2010 in a Senate Banking Committee, according to the Washington Post.
The Engel family is not the only family to experience a servicer-led foreclosure that went awry this year. According to the Huffington Post, B of A similarly told Pamela Flores of Georgia the same, only for the modification to fall apart and for Flores to be foreclosed on.
Just a couple deaths
There have been quite a few foreclosure suicides since 2008 when the industry first started to crash, according to USA Today. Distressed homeowners had issues with their loans and started calling suicide hotlines. This year, there have been a few incidents, two of which were suicides and one which was a murder-suicide. People are crumbling under the pressure of keeping their family together when getting kicked out of a house.
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