Democratic Underground - 85 Year Old in Hospital Misses Last $484 House Payment is Charged $5800

85 Year Old in Hospital Misses Last $484 House Payment is Charged $5800 [View All]

RamboLiberal

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Sat Jan-15-11 12:30 AM
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85 Year Old in Hospital Misses Last $484 House Payment is Charged $5800

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An elderly New Jersey woman billed $5,800 after missing the final payment on her 30-year mortgage can pursue her lawsuit against the debt collectors.

Lawyers for 85-year-old Dorothy Rhue Allen say the fees charged by two banks and a law firm violate consumer-protection laws.

The suit says LaSalle Bank and Cenlar Federal Savings Bank started foreclosure proceedings in 2007 after the hospitalized Allen missed the last $432 payment on her Deptford, N.J., home.

The banks advised her lawyers she could pay $5,800 to avoid foreclosure. But her lawyers instead sued over the fees, and the foreclosure action was dropped.

http://news.yahoo.com/s/ap/20110114/ap_on_bi_ge/us_foreclosure_missed_last_payment_1

I don't think even the mob would be that heartless & brazen!

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85 Year Old in Hospital Misses Last $484 House Payment is Charged $5800 [View All]