nothing has changed with this major corporation! They do not care about the average person they just group us all together and sell it off. Here's what has been going on thus far......
June 6th 2012 BOA sent us to the foreclosure department.......
July 12th 2012 BOA "supposedly" sent us trial modification papers via Fed Ex. Nothing received in an overnight package as they usually send.
July 19th 2012 got a call from BOA asking if we were going to accept the new trial mod they sent us a week prior. We knew nothing about it and neither did our "attorney".
July 22nd 2012 FINALLY received trial payment documents along with the terms of the proposed modification. We instinctively were hesitant and wanted a few answers but our "attorney" refused to give them stating that he was not a financial auditor and he would charge an hourly fee if it were to come to that. When truly I was just asking for him to contact BOA to get that information not his office do that. It isn't hard to make a flippin' phone call and since we were not allowed to make that phone call we couldn't find out on our own. The terms of this lovely piece of work was to extend our loan to 40 years, raise our payments by over $100 a month, and reduce our interest rate to 4.875% for the life of the loan. However, the problem is they are going to get the same amount as if they hadn't reduced the interest rate by extending the loan out to 40 years! They also would be getting double interest on the past due balance because it essentially would be charged twice! I am no dummy but geeze what a way to do business.
August 3, 2012 we fire our lovely "attorney" for his lack of compassion, willingness to work, and got a response that beats them all, he stated that "he already considered our relationship terminated" WHAT?! You stated you would be with us until it was made permanent but you figured that since you think you got us this modification that you had done your job. *itch please! You satiated the issue we could have done this on our own, you did nothing that we didn't already do you just undid what we had done and threw it to the wind. The ONLY reason this attorney was in the office of the CEO and President was because of ME! He had NO clue how he got there! His other statement to us was that "the home is ours, for now, to do what we wish with" WTF is this all about? We informed him we were going to file chapter 13 bankruptcy instead of extending our loan out another 10 years and giving BOA MORE money that they do not need. Someone doesnt understand bankruptcy (hes got a bankruptcy atty in his office he should get schooled)
August 22,2012 we decided that we were going to file chapter 13 bankruptcy in order to keep our home. What other way were we going to do it as no one could tell us exactly when the new trial payment was due. paper said one thing attorney said one thing and BOA rep said another. I dont believe any of them! We didnt get the standard 30 days from when we got the paperwork we were expected to do it in less than 2 weeks. That wasnt fair to us we cannot help BOA didnt get the paperwork to anyone in time.
With that it is now September 13, BOA called yesterday asking how the trial mod was going. Ummmmmm.....its NOT! We filed chapter 13 bankruptcy in August. They were so very confused. The guy that called stated that he spoke with Julio (yet again theres that name that no one knows who he is) and that everything was going well, they had received the first two modification payments and were excited that we got this far. Yet again ummmmm.....we havent sent in a payment since November 2009! They have been playing with our money that we had paid into the account for previous trial mods and somehow paid our payment for us LOL So stupid. The guy on the phone was so caught off guard it wasnt funny. Apparently as well we have a new interest rate of 6.875% and its a conventional fixed. What is this conventional crap?
When I asked him when this happened he stammered just a bit more and told me he would have to get back to me on that because he did not know. Now to the meat and potatoes of it all. BOA called to collect a debt! They VIOLATED bankruptcy code because they had been notified of the bankruptcy on the 23rd of August on TOP of filing bankruptcy paperwork on the 27th of august with the county court. What will they do next?
The reason I put "attorney" in quotes is that we fired him after his snarky attitude to us telling us we should just be grateful that we got anything at all that he has never had a client that was always looking in the past and wasnt relieved to get a modification after so long. But given the mess that we have been through I think we have the right to be hesitant until it is set in stone. Of course the mod was given after I contacted the consumer financial protection bureau.
