I have a "mortgage horror story" for you. It involves the greediest lawyer Frank Barilla, most ruthless bank on earth - Chase - and my elderly, disabled parents.My mother Frances is 66, and my father Vincent is 73. Vincent is totally disabled following a massive stroke, so he can no longer work, and Frances, a cancer survivor, now has to work 2 jobs, 7 days a week to make ends meet. Due to my father's disability, they have been forced to live in two separate properties. Vincent must reside in a small one-level condo with a full-time, live-in caregiver.
Because of all the hardships they began to fall behind on mortgage payments. Also, all the loans they have are negative amortizing "option ARM" mortgages, which are considered predatory.
We were contacted by attornet Frank Barillas office right away by mail, as soon as they started falling behind, have been working with Chase for the last 18 months - yes, 18 months - to find a solution. They even successfully completed two 3 month "trial modifications," making three consecutive "trial payments" on time. Despite their good performance during the trial period, and despite submitting every document Chase asked for - 100 times - and despite their obvious hardships, Chase just announced that they plan to foreclose on one of their properties. We are now expecting bad news on the other properties too.
I thought you'd be interested in this story since it shows that greed is Chase's only motivation and that lawyer like Frank Barilla prey on distressed consumers like my parents. My parents have PROVEN that they CAN afford to make the trial payments, and if Chase would just make the trial payments PERMANENT, this situation would be resolved. But God forbid they make things easy, or help those who are sick and disabled this is why we hired frank barilla BIG mistake he stole 6000.00 dollars from my parents and then wanted to file a civil law suit and charge them 4500.000 more plus 2000.00 per month.
Please distribute this story to anyone and everyone you can Frank Barilla and his law group are evil. We don't have a voice - but you DO. And if you have any advice to dispense, or referrals or recommendations to anyone who can help, I'm all ears (or all "monitor.") :) Thank you.