ED Magedson – Founder
Velahos Law Firm And National Foreclosure Consultants Group49 Newton Ave, Woodbury, NJ 08096 Woodbury, New Jersey United States of America
I too have been put through the ringer. I started this process back in May-June '09 and was promised that my payments would nearly be cut in half or at least a quarter and my interest rate would be cut in half from 8.50% if I agreed to pay the $2000 up front. Also that this would happen within 6 weeks. Well, I got one phone call in August, after 10 of mine to them, that informed me that my loan was being looked at by HSBC. They also told me to go on line and I could keep up with the process...never worked. I called, they never called back, I called, they never called back. Sound familiar? Finally after New Years, I said enough is enough. I called Vince C. and told him that what happened to all the promises and how do I get HSBC off my back? They are sending me letters, dropping my escroll and finally paid my taxes.
After repeated calls to Vince, since no one else seemed to care, he voice mailed me and told me that they had already settled with HSBC months ago, could not understand what happened(only time I agreed with them) and that they got me a 5.25% interest rate, my payments dropped from $1047 to $775(not to bad) and he would get the ball rolling for me. Well today he calls, now they want another $750 to lock this rate in!!! What the hell was the $2000 for? When I complain he says, "Well you can turn down the mod and loose your home!" If he were here he would be picking his a*s up off the floor!
How the hell can businesses take people to the cleaners like this? Is this not America? My son is across seas fighting for this country...I hope it is worth fighting for. I will not pay another dime. We need to get together and get this company shut down. Who can we write to to fight this? Seems like there are enough ex employees to get this started. I am broke!
I spoke to HSBC today and they told me that my modification was turned down by them back in October and that they haven't spoken to Vehalos Law firm or National Foreclosure Group since then. They also informed me that I was over $11000.00 in debt to them and my home is in foreclosure. I think that these crooks at the law firm should be made to pay my home off and double that amount to me for the agony they have put me through. I have owned this home for 15 years and now are going to be homeless. Hang these people!!
This report was posted on Ripoff Report on 01/14/2010 05:51 PM and is a permanent record located here: http://www.ripoffreport.com/r/Velahos-Law-Firm-And-National-Foreclosure-Consultants-Group/Woodbury-New-Jersey-08096/Velahos-Law-Firm-And-National-Foreclosure-Consultants-Group-National-Foreclosure-Group-Thi-554707. 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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