Report: #421164

Complaint Review: Greentree Financial Services

  • Submitted: Fri, February 06, 2009
  • Updated: Tue, March 24, 2009
  • Reported By: ovid Michigan
  • Greentree Financial Services
    greentree financial
    St Paul, Minnesota

Greentree Financial Services, Greenpoint, Conseco ripoff, deceptive St Paul Minnesota

*UPDATE Employee: Conseco has NO mortgage business

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there is no compassion with this company at all they are now trying to take the house because of payment history. my son inlaw owns the house and he has been in two accidents in the last the last 2 1/2 years he drives semi for a living niether accident was his fault a tow truck driver fell asleep at the wheel and the other was a woman who went under the back tandoms of the trailer and died at the scene i had called greentree the day after the accident and the harrassment started real heavy up to 10 or more calls a day they also and started the name calling and calling my son inlaw a deadbeat we told them it would be three weeks before workmans compensation would be in the mail box. he was out of work then for about 6 months and previous accident he was out about 1 year there was only 6 months between the time he went back to work and the last accident. they have continuously were able to catch up on all late payments and at present time they are now caught up to march of 2009 but yet they still want to take the house. they will not talk to you very long if the calls are being recorded or give you any information on the legals to this account. my big question is can they really take the house for payment history. if anyone can tell me please let me know it should be michigan law or federal law can any one help on this please the automated payment thing to what they have on written records does not match and i asked them to explain this to me they could not give me an answer other than it has me confused to i think that is a violation of consumer rights thing they now have all the kids money and nwo we have to try to find a lawyer that will take it i have no idea how we are going to do this thing with the money has been recorded i am tired of these issues with greentree i know of one more who has good credit rating and greentree just bought her loan and so far they have been charging her late fees when she mails her payments a week to two weeks ahead of the due date and yes she is related but in another state this company is crooked

ovid, Michigan
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This report was posted on Ripoff Report on 02/06/2009 04:56 PM and is a permanent record located here: 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 UPDATE Employee

Conseco has NO mortgage business

AUTHOR: Mrpicture - (U.S.A.)

In 1998, Conseco FINANCIAL purchased Green Tree financial (GTF). The owners of GTF LIED on their financials: they had many non-performing loans that were hidden from Conseco Financial. This subsequently caused Conseco Financial to go into bankruptcy.

In 2003, Conseco emerged from bankruptcy: this is found on the FREE LIBRARY website:

"A plan for reorganizing a firm during the Chapter 11 bankruptcy process has been approved by the court, paving the way for the company to come out of bankruptcy as an insurance-only operation."

Conseco no longer has a mortgage business, so take care when slandering the company, lest you be served with a civil suit.

I am not a direct employee of Conseco, but work for a subsidiary, PMA.
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