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Elderly woman sues after being fined $5860 for missing final $436 payment
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01-17-2011, 10:32 AM
Post: #1
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Elderly woman sues after being fined $5860 for missing final $436 payment
A US woman billed $US5800 ($5860) after missing the final payment on her 30-year mortgage can pursue a lawsuit against the debt collectors.
Lawyers for Dorothy Rhue Allen, 85, say the fees charged by two banks and a law firm violate consumer-protection laws. The suit says LaSalle Bank and Cenlar Federal Savings Bank started foreclosure proceedings in 2007 after the hospitalised Allen missed the last $US432 payment on her home in Deptford, New Jersey. Advertisement: Story continues below The banks advised her lawyers she could pay $US5800 to avoid foreclosure. Her lawyers instead sued over the fees and the foreclosure action was dropped. A US appeals court this week said she could pursue her case, reversing the decision of a federal judge who threw it out. More: http://www.watoday.com.au/world/elderly-...rom=smh_ft We aren't there to keep the bastards honest [the famous slogan of the now-defunct Australian Democrats]. We're there to replace the bastards. ~Australian Greens Leader Bob Brown |
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01-17-2011, 12:54 PM
Post: #2
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Re: Elderly woman sues after being fined $5860 for missing final $436 payment
Kudos to the appeals court for this ruling. Sometimes the good guys win.
The revolution will not be televised but it will be tweeted. ![[Image: 2hs9861.jpg]](http://i37.tinypic.com/2hs9861.jpg)
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01-17-2011, 10:42 PM
Post: #3
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Re: Elderly woman sues after being fined $5860 for missing final $436 payment
Absolutely despicable.
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