• Report: #38043

Complaint Review: HOME EQ, SERVICING dba THE MONEY STORE

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  • Submitted: Thu, December 12, 2002
  • Updated: Thu, April 12, 2012

  • Reported By:KANSAS CITY Missouri
HOME EQ, SERVICING dba THE MONEY STORE
425 N. BALLAS ROAD DURHAM,, Missouri U.S.A.

HOME EQ, SERVICING dba THE MONEY STORE ripoff PREDATORY LENDING PRACTICES victimized many consumers DURHAM NORTH CAROLINA

*General Comment: Stolen Property

*0: December 13, 2002

*0: HOME EQ, RIPOFFS

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I, OWNED MY HOME FREE AND CLEAR. AND, HAD A-1 CREDIT. THE

MONEY STORE SAID, I, MUST CONSOLIDATE MY DEBTS TO QUALIFY

FOR A HOME MORTGAGE. THE ROOFING COMPANY SCAMMED ME. AND,

THE MONEY STORE, PAID OFF THE LOAN, ANYWAY.

The have repeatedly, refused to supply documentation, for me to recieve assistance from emergency service's agencies. the delay allowed them to start foreclousure proceedings. I, filed a Chapt 13 to stop them. during the Chapt 13, I, discovered, that, the penalty and fees, was still being added to the loan. dispite the Bankruptcy Plan payments, being made.

I, lost my job, and, contacted them to ask for additional time, to catch up, one missed payment. In the month of August. I, was told to send, what I, had, anyway. It was returned to me, in October 2002. and, I, received a notice, that, the original $30,000.00 home loan, initiated in Sept. 1998. Was now, due and owing in the amount of, $52,000.00.

Loss Mitigation and the Attorney's that sent the foreclosure notice, were contacted. and, I, requested a breakdown, of the additional $17,000.00. attatched to my $30,000.00 loan?

The attorneys, nor the Loss MItigation department, complied.

In, my chapter 13, I, filed an adversarial complaint. and prevailed. but, because, I, went Pro Se. I, didn't follow the rules of civil procedure. and the complaint, was dismissed.

I, recommend. that a class action suit be instituted to help, people like myself, who were not, mortgage savvy. And, ultimately, was taken advantage of.

I, went to the Housing Information Office, here in Kansas City, Mo. that is federally funded. Between them and loss Mitigation. The response, I, received. was that, they each were playing phone tag. The company also, calls itself. HomeEq. or Tms mtg. co.

VIRGINIA
KANSAS CITY, Missouri
U.S.A.

This report was posted on Ripoff Report on 12/12/2002 12:51 PM and is a permanent record located here: http://www.ripoffreport.com/r/HOME-EQ-SERVICING-dba-THE-MONEY-STORE/DURHAM-Missouri-27709-3909/HOME-EQ-SERVICING-dba-THE-MONEY-STORE-ripoff-PREDATORY-LENDING-PRACTICES-victimized-many-38043. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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0Author 3Consumer 0Employee/Owner
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#1 General Comment

Stolen Property

AUTHOR: My House Was Stolen From Me - (United States of America)

I am an original owner of my home since 1986. My home was extorted from me, by Home Eq Servicing. This Company is was not a Lender or Mortgage Company. 

My original Mortgage Company went bankrupt, shortly after the Title Company went bankrupt after I made approximately 3 payments.  They stop acccepting my payments, which were always current.

Home Eq Servicing took over the account. I remainded current for a few years. However, when I began to ask who is my Lender, They said, "We are not privey to disclose this information." Lenders change all the time.

When I asked for my original contract and payment history they could not supply and would produce the note on my mortgage. The news kept reporting situations of preditory lending. 

I did further research on Home Eq and found that they use to be "The Money Store" in California. They were investigated and business was shut down out of operation. And could no longer operate business in California.

They reopened business in California under the name Home Eq Servicing. I then stopped making payments to them, because I realized they were extorting money from me, without producing the note on my house. I filed bankruptcy and Home Eq immediately shut down their operation, with no warning even to their own employees. I filed a Chp 13 and Chp. 7, only to find out my house was in limbo and I was still the owner.

Then I was contacted by another company after the bankruptcy discharged.  Ocwen Servicing also is not a lender or mortgage company. They too could not produce the note, nor my payment history. 

I recently checked my credit report and the dates of all parties are conflicting and fraudulent. Also, Qcwen shows on the credit report a new loan financed in my name. Without my knowledge and/or signature. From approximately $350,000.00 to $104,000. And left the house in my name.

Since then my house is advertised as a foreclosure. And is being flipped and continously being resold.

I am still receiving letters to pay the property taxes. 

The way I was vacated by my house was a lock smith. I called the police and they made him leave. The locksmith called apologized and disclosed to me the house was still mine. He warned me that a Property Manager and gave me his name. The locksmith told me also the property manger was going to hire another locksmith out to secure the house and lock me out. 

The police would no longer get involved. I contacted the sheriff's office and they informed they never received any foreclosure notice on my property, and no offical notification to serve an eviction notice.  I as of this date has not been served and official eviction notice.

My teenage son was home sleep at the time, when he as awakened by the noise at the front door. It was the locksmith ordering my son to get out of our house. And began throwing my personal property out to be disposed of!!!! Some of my property was also stolen!!!! In my heart of hearts, I know that I am still the legal owner of my house....

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#2 0

December 13, 2002

AUTHOR: - ()

THE MONEY STORE, DOING BUSINESS IS KANSAS CITY , MO.

AND, THERE ARE PEOPLE HERE AS WELL. A FREIND OF MINES, FATHER IN LAW, COMMITTED SUICIDE, BECAUSE OF DEBT TO THE MONEY STORE. HE WAS IN HIS LATE 70'S.

HE AND HIS WIFE WANTED TO LEAVE THEIR HOME TO THEIR CHILDREN IN GOOD SHAPE. SO, HE APPLIED FOR A LOAN FOR A NEW ROOF. THE COMPANY SAID,THEY FINANCED THIER LOANS VIA. THE MONEY STORE.
THE ORIGINAL LOAN WAS, $9,000. FOR THE ROOF. WHEN ALL THE PAPER WORK WAS DONE. THEY HAD THEM OWING, 29,000.00. HE BECAME SO DESPONDENT, HE COMMITTED SUICIDE.

IT WAS NOT UNTIL AFTER HIS DEATH, THAT, THE CHILDREN LEARNED, THAT, HE WAS DESPONDENT, ABOUT NOT BEING ABLE TO PAY IT OFF, AT HIS ADVANCING AGE.

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#3 0

HOME EQ, RIPOFFS

AUTHOR: - ()

the correct address for Home Eq is: P.O. BOX 13909, Durham, N.C.
27709-3909

the address in my report is the attorneys address
who enforce the foreclosure and send the balance due.

their address is KOZENY & McCUBBIN. L.C.

425 N. NEW BALLAS RD. SUITE #230

ST. LOUIS, MO. 63141


PLEASE UPDATE MY REPORT WITH THE CORRECT INFORMATION. THERE WAS NO PLACE TO EDIT, ONCE MY REPORT WAS FINISHED AND READY TO SUBMIT.

THANKING YOU IN ADVANCED

VIRGINIA DALE
KANSAS CITY, MO.
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