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Posted by lori u. on July 03, 2002 at 23:16:51:
In Reply to: PLEASE HELP!LONG BUT PLEASE LISTEN posted by Jill/PA on June 24, 2002 at 02:06:14:
Unfortunately, I too was victim of predatory lending by Conseco, formerly Greentree financial. Nothing as extreme a your fraud situation, just an overinflated monthly payment for the amount financed, a variable interest rate when I had thought I was signing to a fixed interest rate and absolute vultures as soon as I became behind in payments, with no chance of working with me to cure the default. I know those of you reading this would say, yes but it was all in black and white when I signed the paperwork. That is true, but I was in a bad financial situation and they took advantage of me, and this was the first and last home I will ever own. Unfortunately, this cost me my home and marriage and I am trying to pick up the pieces, so I can sympathize with your situation.
That was a good step contacting the attorney general's office, and you should follow the follow-up advice you received about contacting a lawyer. Also, did you know that the attorney's fees for filing a chapter 13 are spread out over your repayment period, except for the initial retainer, which is usually about $600 to $800, so if I were you I'd look into that in order to save your home. Also, if you don't already know about him, you should contact Tom Martino, the Troubleshooter; he is a consumer advocate and may be able to do something to help you. Web address is www.troubleshooter.com.
Good luck!
