A lawsuit has been lodged against JPMorgan Chase for apparently giving a Texas man a heart attack after property foreclosure notices were sent to him. Harry Engel's fatal heart attack (which Chase denies responsibility for) makes him another victim of foreclosure.
Significant heart attack occurs
According to KHOU, 79 year old Harry Engel from Texas had a heart attack 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 caused the heart attack.
The local Chase branch advised the Engel family that they had to miss a payment before they could qualify for the Department of the Treasury's Making House Affordable Program, and they did so. They were looking to lower their rate because they were on a fixed income and hear they could save some money that way.
The bank then supposedly started the program, but canceled their enrollment. Late fees and updates started arriving, followed by a notice that foreclosure was pending. He had his heart attack after foreclosure cautions arrived, along with a Chase lawyer advising that eviction was pending.
Getting sued by a widow
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 submitted the paperwork yet. The Engel family was not the only family that was told to miss a payment in order to get in the refinancing program just for the bank to change its mind and not keep going.
Earlier this year, five of the largest mortgage lenders in the country settled with the government for $25 billion because of "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 U.S. 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, Bank of America similarly told Pamela Flores of Georgia the same, only for the modification to fall apart and for Flores to be foreclosed on.
Just a few deaths
Aside from the financial toll that foreclosures enforce, numerous people have crumbled from the mental anguish, leading to numerous "foreclosures suicides." Some of the first instances were noticed in 2008, according to USA Today. During that year, suicide hotlines began noting an increased number of calls from distressed homeowners who were having troubles with their loans. At least two have been recorded this year, according to the Huffington Post, one in May in California and a murder-suicide in Ohio in March.
Significant heart attack occurs
According to KHOU, 79 year old Harry Engel from Texas had a heart attack 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 caused the heart attack.
The local Chase branch advised the Engel family that they had to miss a payment before they could qualify for the Department of the Treasury's Making House Affordable Program, and they did so. They were looking to lower their rate because they were on a fixed income and hear they could save some money that way.
The bank then supposedly started the program, but canceled their enrollment. Late fees and updates started arriving, followed by a notice that foreclosure was pending. He had his heart attack after foreclosure cautions arrived, along with a Chase lawyer advising that eviction was pending.
Getting sued by a widow
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 submitted the paperwork yet. The Engel family was not the only family that was told to miss a payment in order to get in the refinancing program just for the bank to change its mind and not keep going.
Earlier this year, five of the largest mortgage lenders in the country settled with the government for $25 billion because of "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 U.S. 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, Bank of America similarly told Pamela Flores of Georgia the same, only for the modification to fall apart and for Flores to be foreclosed on.
Just a few deaths
Aside from the financial toll that foreclosures enforce, numerous people have crumbled from the mental anguish, leading to numerous "foreclosures suicides." Some of the first instances were noticed in 2008, according to USA Today. During that year, suicide hotlines began noting an increased number of calls from distressed homeowners who were having troubles with their loans. At least two have been recorded this year, according to the Huffington Post, one in May in California and a murder-suicide in Ohio in March.
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