The survivors of Harry Engel are suing J.P. Morgan Chase after Engel experienced a heart attack after foreclosure was started. It is suggested in the suit that Chase was accountable.
Foreclosure results in heart attack
Harry Engel, a 79-year-old retired minister in Grand Prairie, Texas, suffered a fatal heart attack in July 2010, according to KHOU, a Houston CBS affiliate. His family members believe his heart attack was caused by foreclosure proceedings begun by the Chase bank after the family had lived in their house for 22 years.
The Engel family lived on a fixed income and had heard about a refinancing program that would lower their rate. They spoke with a banker at their local Chase branch, who told them to be able to qualify for the refinancing program through the Department of the Treasury, ostensibly the Making Home Affordable Program, they had to first miss a payment, which they did.
The bank then supposedly started the program, but ended their enrollment. Late charges and updates started arriving, followed by a notice that foreclosure was pending. He had his heart attack after foreclosure warnings arrived, along with a Chase attorney advising that eviction was pending.
Getting sued by a widow
His wife, Wando Jo Engel, is suing Chase, according to the Huffington Post, in a wrongful death suit. The Engel family was among a number of people who had been given comparable instructions. They were told to miss at least one payment to qualify for a troubled mortgage refinance, only to fall into foreclosure after the bank decided to not keep going. Chase hadn't submitted foreclosure proceedings yet, but was in the early stages.
The U.S. Senate Banking committee hearings in 2010 talked about this, called "servicer-led foreclosure," according to the Washington post. It was part of the huge suit the government did against the five biggest mortgage lenders in the country for "robosigning" and other practices that were not allowed. The mortgage lenders settled for $25 billion earlier this year, according to the Los Angeles Times.
There are other families in the Engel family' positions. In fact, Pamela Flores of GA got kicked out of her house earlier this year after a comparable situation occurred in which the bank promised a modification that did not work out and she wound up in foreclosure.
Difficult to deal with foreclosure
There have been quite a few foreclosure suicides since 2008 when the industry first started to crash, according to USA Today. Distressed homeowners had difficulties with their loans and started calling suicide hotlines. This year, there have been a few incidents, two of which were suicides and one which was a murder-suicide. People are crumbling under the pressure of keeping their family together when getting kicked out of a house.
Foreclosure results in heart attack
Harry Engel, a 79-year-old retired minister in Grand Prairie, Texas, suffered a fatal heart attack in July 2010, according to KHOU, a Houston CBS affiliate. His family members believe his heart attack was caused by foreclosure proceedings begun by the Chase bank after the family had lived in their house for 22 years.
The Engel family lived on a fixed income and had heard about a refinancing program that would lower their rate. They spoke with a banker at their local Chase branch, who told them to be able to qualify for the refinancing program through the Department of the Treasury, ostensibly the Making Home Affordable Program, they had to first miss a payment, which they did.
The bank then supposedly started the program, but ended their enrollment. Late charges and updates started arriving, followed by a notice that foreclosure was pending. He had his heart attack after foreclosure warnings arrived, along with a Chase attorney advising that eviction was pending.
Getting sued by a widow
His wife, Wando Jo Engel, is suing Chase, according to the Huffington Post, in a wrongful death suit. The Engel family was among a number of people who had been given comparable instructions. They were told to miss at least one payment to qualify for a troubled mortgage refinance, only to fall into foreclosure after the bank decided to not keep going. Chase hadn't submitted foreclosure proceedings yet, but was in the early stages.
The U.S. Senate Banking committee hearings in 2010 talked about this, called "servicer-led foreclosure," according to the Washington post. It was part of the huge suit the government did against the five biggest mortgage lenders in the country for "robosigning" and other practices that were not allowed. The mortgage lenders settled for $25 billion earlier this year, according to the Los Angeles Times.
There are other families in the Engel family' positions. In fact, Pamela Flores of GA got kicked out of her house earlier this year after a comparable situation occurred in which the bank promised a modification that did not work out and she wound up in foreclosure.
Difficult to deal with foreclosure
There have been quite a few foreclosure suicides since 2008 when the industry first started to crash, according to USA Today. Distressed homeowners had difficulties with their loans and started calling suicide hotlines. This year, there have been a few incidents, two of which were suicides and one which was a murder-suicide. People are crumbling under the pressure of keeping their family together when getting kicked out of a house.
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