About BoA illegal foreclosure, not only this bank is not willing to work with its customers during these hard times. When we were all making out payments on time and never late, they don't care a hoot about that. Our President gave the bank money for homes and the TARP funds to help businesses. But did they help? NOt those SOBs- CEOs, What they did instead, is fill their pockets with the funds and did not look back. Now that the new SMall Business Bill for $30 Billions was passed, let's see how the banks will help the small businesses. I am in the same position like the writer about BoA. I have a small business, and I wrote to Wachovia when I saw the decline in my business. I asked Wachovia for help in reducing my monthly payment from $7, 500.00 per month to about $4, 000.00 per month and to put the difference at the end of the mortgage, and in doing so, I can save my business and stop me for laying off my employees. They gave me the round around. I even asked about the TARP funds, and the so called VP Edgar Bermudez, told me " the TARP is not for my business". I was then offered a forebearance for 1 year and by the time I reached back to my office their attorney sent me a an email saying that they forebearance is for only 6 months and that I have to pay over $15, 000 for the paper work, stamps. etc. I immediately contacted their attorney to correct the agreement, and I also attached a copy of the TARP bill, as it was intended by Congress..." to held business and commercial mortgages...". they got angry with me, because I challanged them. I did contact VP Bermudez about the email, and since they had changed their mind with 30 minutes of our meeting, I requested that I taped our converstaion, and he refused, I then asked him let us communicate through email, in this way we will all understand each other, he again refused my request. He then told me that he will march my folder to the legal department to start foreclouser, and my replly to him was " well edgar, you do just that, I will march my folder to the Federal Bankruptcy Courts.." About 2.5months later, I received a letter from the court with reference to Wachovia filing foreclosure proceedings against me. It appears that when you stand up for what you think or know is right, Wachovia Banks hates that. I have contacted CEO John Stumpf, and he is silence on this matter. To show how vindictive this bank Wachovia is, they are willing to settle my mortgage for half of what I owe rather then to work with me for the full about. That's how wicked they are. All this what I am saying is the truth, as it is documented in the 11th Cirucit Court in Miami-Dade county. I even contacted the OCC, and the Bank gave them false information. THe OCC also stated that the bank have their rules to govern by.. So what's the use of the OCC, when they Bank did not follow the US Congress rule on TARP. With this new Small Business BIll for $30Billions will the CEOs again fill their pockets and not help the small businessmen like myself??
I have nothing to hide for, nor do I have anything to fear but fear itself. I name the bank officals, because I want the Public to know who they are. Whether the want to suit me, that's fine, I have nothing more to loose, because of Wachovia, VP E.Bermudge-(that's the title he gavde himself, because whenever i call and asked for VP Edgar Bermudez, no one knows him as aVP), CEO John Stumpf, because he refuses to get involed, because I am like David fighting a great giant.
If anyone want to contact me, i can be reached at my email addresss or call me @ 305.895.7171