Chase Manhattan Bank Complaint - Tricked Into Foreclosure
My wife and I were tricked into a foreclosure status by a chase Manhattan employee in customer service. My wife had broken her back in two places and both of us were out of work. For eleven months, we spent our savings, our 401's and our rolls of pennies to make the mortgage payment on time. In seven years, we had never been late or missed a payment. We knew we were headed into hard times so we called chase to ask for refinancing.....we were told "we can not help you until you are three months in arrears....don't make the next three payments and then call us."
That was precisely what we did and this time, the voice on the other end of the phone said "we CANNOT and WILL NOT help you because you are three months in arrears...it is our new policy."
Now we are in our sixties and we cannot buy a home because Chase has screwed up our credit. We are living in an old single wide trailer even though our combined income is in excess of 70K per year....money and no credit equals crappola! Is there anyone out there who would like to join in on a class action suit against Chase?