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Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 20 May 2013 [View all]Demeter
(85,373 posts)10. Elderly Man Allegedly Dies in Court Fighting Wells Fargo 'Wrongful' Foreclosure
http://www.alternet.org/economy/elderly-man-allegedly-dies-court-fighting-wells-fargo-wrongful-foreclosure?akid=10436.227380.7jTOP1&rd=1&src=newsletter840307&t=20&paging=off
An elderly man "succumbed to the pressure" of losing his home to Wells Fargo and died at a court hearing fighting the bank's wrongful foreclosure, his estate claims in court.
The administrator of the estate of Larry Delassus sued Wells Fargo, Wachovia Bank, First American Corp. and others in Superior Court, for wrongful death, elder abuse, breach of contract and other charges.
Delassus died at 62 of heart disease after Wells Fargo mistakenly held him liable for his neighbor's property taxes, doubled his mortgage payments, declared his loan in default and sold his Hermosa Beach condominium, according to the complaint.
"Larry Delassus tried everything to save his home," the complaint states. "He told the Bank that they were mistaken; they said no. He contacted the bank seeking information, and was told one thing and then another, and oftentimes, no information at all. He enlisted his friend and neighbor to help him, but the bank refused to recognize him as Larry's representative, despite his numerous applications and appeals. Whatever Larry needed, Wells Fargo created some excuse not to help him...
An elderly man "succumbed to the pressure" of losing his home to Wells Fargo and died at a court hearing fighting the bank's wrongful foreclosure, his estate claims in court.
The administrator of the estate of Larry Delassus sued Wells Fargo, Wachovia Bank, First American Corp. and others in Superior Court, for wrongful death, elder abuse, breach of contract and other charges.
Delassus died at 62 of heart disease after Wells Fargo mistakenly held him liable for his neighbor's property taxes, doubled his mortgage payments, declared his loan in default and sold his Hermosa Beach condominium, according to the complaint.
"Larry Delassus tried everything to save his home," the complaint states. "He told the Bank that they were mistaken; they said no. He contacted the bank seeking information, and was told one thing and then another, and oftentimes, no information at all. He enlisted his friend and neighbor to help him, but the bank refused to recognize him as Larry's representative, despite his numerous applications and appeals. Whatever Larry needed, Wells Fargo created some excuse not to help him...
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