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A case has been lodged against JPMorgan Chase for apparently giving a Texas man a heart attack after foreclosure updates were delivered to him. Harry Engel’s fatal heart attack (which Chase denies responsibility for) makes him another victim of foreclosure.
Heart attack comes from foreclosure allegedly
Harry Engel Cheap D.J. Humphries Jersey , a 79-year-old retired minister in Grand Prairie, Texas, experienced a lethal heart attack in July 2010, according to KHOU Cheap Budda Baker Jersey , a Houston CBS affiliate. His family members believe his heart attack was caused by foreclosure proceedings started by the Chase bank after the family had lived in their house for 22 years.
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 Home Affordable Program, and they did so. They were planning to lower their rate because they were on a fixed income and hear they could save some cash that way.
The bank started to send late fees and notices, and he got a notice of foreclosure. Then, he got a notice of eviction and had the heart attack. Evidently the bank started the program and cancelled their enrollment in it.
Widow sues
His wife Cheap Haason Reddick Jersey , Wando Jo Engel, is suing Chase, according to the Huffington Post, in a wrongful death lawsuit. The Engel family was among numerous people who had been given similar instructions. They were told to miss at least one payment to qualify for a troubled mortgage refinance Cheap Patrick Peterson Jersey , only to fall into foreclosure after the bank decided to not follow through. Chase had not submitted foreclosure proceedings yet, but was in the early stages.
Earlier this year, five of the biggest mortgage lenders in the nation settled with the government for $25 billion because of “robosigning” and other inappropriate practices, according to the LA Times. Part of it was “servicer-led foreclosure Cheap Larry Fitzgerald Jersey ,” 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 Huffington Post explained that a servicer-led foreclosure went wrong this year at Bank of America too. Pamela Flores in Georgia was told the same thing from B of A just to have the modification not work out and foreclosure to follow, according to the Huffington Post. The Engel family is not alone.
Causes emotional stress
Aside from the financial toll that foreclosures impose, a number of people have crumbled from the mental anguish Cheap Chandler Jones Jersey , leading to a number of “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 Cheap Josh Rosen Jersey , one in May in California and a murder-suicide in Ohio in March.
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