The fun never stops when you deal with these numskulls. We just received a call us for help because the trustworthy and friendly reps at Bank of America have put the screws to a homeowner who was not even behind. Did they deliver a Loan Mod offer? You bet they did… a real Halloween nightmare special.
This homeowner has a $920/month payment and is not behind. But by simply requesting a loan mod and working her tail off jumping through hoops to get everything the bank requests she is rewarded with what SEEMS to be a new $600 a month plan. WOW THAT ROCKS you say…but the devil is in the details…
This $600 a month plan was only for three months then she is needed to make a $2,700 payment!! To make matters worse these thieves have applied her October payment of $920 to her Loan Mod plan but she never signed the plan or agreed to take the deal!!!! Now she is in default for her October payment although she made it on time. Sadly we see this junk all the time. What can you do? It starts with documenting, documenting, documenting; every phone call, letter, fax, you name it. Keep a VERY detailed log of EVERY interaction with these charlatans.
The Bank Slayer
