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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 11:54 AM
Original message
What a day
a year, a life it is…

Bet I made near 80 calls yesterday, the first was to the company who insures the car to inform them that Wells Fargo, the bank who foreclosed on me early last year, has repossessed the car I’ve made $7,000 in payments on. Then was the call to the sithy Medusa, got lucky I guess, by getting a young man in Irving Texas, because I could easily have been connected with someone offshore. I told him I wasn’t going to be making any attempt to get the car back, just wanted the property inside it. It actually went smoothly compared to call #3, after dialing the toll free number I was given, which apparently rings up a local ’Wells Fargo’ with a tired sounding seasoned guy named Bob, who’s voice is backed up by a highway moving behind him, he summons the voice of authority, which I’m guessing is the Mrs. Don’t recall her name, but I believe to name her Jessup suits. The woman made it plain, I would have to be nicer to her, lest she charge me more for getting back the property that was inside the vehicle, a real Jack Nicholson/For a Few Good Men moment for me. The pride in her parasitic notion filled me with a rage that would fuel the day, for all the good it did me.

The next two calls were to police departments, the one in her nearby municipality, and the one in mine. Both dispatchers suggested the proper role of law enforcement in instances like this was to yield to how the financing company wants to handle the matter. Of course if I was feeling wronged, I could always go hire an attorney. I gleaned from one of them, the actual location of the car at a towing company, along with their phone number. Spoke with a guy who refused to give me his own last name, that’s his call, but the owner? He wasn’t giving out that last name either, ain’t that pride in ownership?

I learned that I’ll be required to pay a $40.00 gate fee to get access to the car to retrieve whatever property might be in the vehicle, given what I subsequently learned reading reviews of their practices, specifically a grandmother who had the Christmas gifts she'd purchased for her grandson had mysteriously disappeared while in the tow company's possession after her car was towed in December. A fistful of cases at the justice department, with a consistent complaint of unconscionable actions. Here’s where things get for me, a bit muddy. This particular company is a long standing vendor of towing services to the city of Portland. I became curious as to how such a disreputable firm could be the contractor of choice to a publicly funded entity, so I called the towing coordinator at the auditor’s office.

This is the call for me that stands out. The woman was very troubled by my plight, wanted to make a call or give me the $40 out right. I told her there are those way worse off, get it if she had it to, to those who have fallen further. I suspect the existence of me will bother her for some time. At some point I asked her if she could tell me how much money either the city or the towing company is making as a result of their lengthy union. Not only did she not know, she couldn’t get an answer to the question herself.

A little more online research leads me to the “Investigative Reporter” working the justice beat for the state’s largest newspaper, who has 20 minutes to lecture me on the harm I am doing to a struggling economy by choosing not to pay my bills, but then abruptly must go when I ask how much his paper received in ad revenue from the mighty Wells Fargo in 2010. See I reached out to their paper for help to save my home before it was auctioned. Four days later there was indeed a story in the paper about Wells Fargo, a lovely little fluff piece on the new regional head and how he was anticipating a compensation package totaling $92 million.

I thought at that point, thought I’d had my fill, grabbed a bite and about an hour’s rest but would begin the afternoon, trying to swing through elected officials who are said to represent my interests. Got hung up on by both administrative assistants working for my two senators, Wyden and Merkley. The intern at the latter who answered the phone didn’t want to talk any more when my response to her suggestion that the Senator was in DC working was to ask for some details as to how many fundraisers were on his schedule this week or this month. Imagine that. Down the chain we go, to state’s version of the senate and house, I don’t bother with Earl Blumenour anymore, I called there the day Dennis Kucinich was reading for hours aloud on impeaching Wicked Dickey. Who ever it was I spoke to that day, made me feel like I’d been cast as flash thrash in a Jaws movie. In reflection, I felt…hasty I guess, so I took a good look at the thick expensive glossy flyer he had mailed to my former home. Fluff, puff and not tough enough to have any huff is how I answered the spouse when he asked what Mr. B’s literature had to say during the run up to the elections of 2008.

The balance of the afternoon I spent trying to locate some community service type organizations, found Economic Fairness Oregon. I understand they were visiting the convention center during the Wells Fargo ‘home loss prevention’ workshops. EFO was there distributing leaflets to attendees, they were made to leave.

Throughout the day, I asked a couple of things fairly often. What is a law abiding citizen to do when the spirit of justice is absent in the letter of the law and the rule of law has been abandoned to favor the apparent rulers of order? Why do places like Wells Fargo and this sleazy little band of towing trolls get away with doing people so wrong at will and then benefit from it’s relationships with entities that claim being about serving the commons. I ask a lot about the unequal application and enforcement of the rule of law, why my county promises the state’s general fund $230 million for the 09-11 biennial from revenue generated on restitution fees paid for juvenile infractions, yet there will be no criminal charges brought against Mr. Countrywide.

Night before last, when I opened my door and saw my car just gone, I came here to a thread about Anonymous, I posted a plea to push the Tyler Durden button if one is their reach trying to calm the anger and quiet the quake in the fingers by dancing them over the keyboard. I removed it out of respect for the original poster, unfortunately the draft I thought I saved in my journal, ultimately mirrored the edited post of delete and delete some more.

With guys like the Koch brothers capable of the purchase price required to assassinate a nation’s intent, Mr.’s Madoff and Standford or Ken Lewis, Richard Fuld, and the Bligh’s of the bling that run with them. I say they are faithless, they believe in no heaven or hell, I know that because they work to achieve that gap right here on earth because they see themselves as gods, unsatisfied with their designated status as mere men, insisting the wage they field is because they're just plain more valuable, they should know that if I were to be stranded on a desert island, the guy with the skill set I’m going to see as more necessary is the blue collar guy and not the bean counter.

I have been down, but maybe never this much out, it matter’s not. Cuz now that I’ve nothing left to lose, it’s on. As I said to the two real estate agents who bought and flipped my home of 15 years, you’re time in moment comes, may you greet it with as much zeal as you brought it.

Rant over, rabble is ready to rock.

<http://www.youtube.com/watch?v=2w1g-idt-8U&feature=fvsr>

Perhaps too old to be so naive
I choose to dream and dare to believe
Lady Liberty has a surprise for the corporatocracy
concealed within her billowy sleeve


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ljm2002 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 12:04 PM
Response to Original message
1. Heartrending...
...did you ever get your stuff back? Find anyone who can help you with that?

Sometimes the investigative TV programs have an interest in stories such as yours, especially given that there are lots of people with similar stories of having their stuff taken along with the car and then not being able to get it back.

Good luck and thank you for sharing your story.
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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 12:09 PM
Response to Reply #1
2. Weekend will get in the way, but it's on the list early come Monday.
My priority at the moment is finding a ride to the state capital for protests at noon.
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bbgrunt Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 12:09 PM
Response to Original message
3. great rant. This kind of injustice is what is going to drive the revolution.
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cilla4progress Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 12:21 PM
Response to Original message
4. Yeah, copyright it.
One of the best things I've read this year...ever read...you have a future as a writer (maybe that's what you already do). I love your words and rhythms...go with goddess...
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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 12:32 PM
Response to Reply #4
7. Thanks
My man says it's better when I'm torked. Been busy raising kids, oldest near 30, youngest just turned 14. I describe myself as a scribbler of the cuff. You are too kind these halls are filled with a vast array of conveyers, if I'm any good at all, it's because of the examples set by some here. :hi:
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cilla4progress Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 02:10 PM
Response to Reply #7
11. I don't have time to read this right now -
but I will.... I work for a bankruptcy attorney one state north of you....you speak the truth....a truth that is more rampant across America than I think many know, understand, or realize. Take care...
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Gormy Cuss Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 12:22 PM
Response to Original message
5. I'm sorry that you had to go through this over your belongings.
I hope that you can get them back without paying a "gate fee" that steep.

Your experiences bear witness to the way life is harder and more expensive when you're broke. I wish that more people who are a few paychecks away from economic disaster understood this and supported social safety net programs and the importance of collective bargaining to unionized public and private industry workers.

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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 12:35 PM
Response to Reply #5
8. His work tools.
I told as many as would listen that there is always a new bottom, and sooner or later, they will be part of the group that is under siege. They'll remember I told 'em so, but not 'til it happens.
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madmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 12:25 PM
Response to Original message
6. I guess I was "lucky" when my car was repossessed I was home and saw them . I
Immediately went out and told them I wanted my tags off the vehicle. They were kind of shocked by this because they really didn't know what to do. I told them they were mine they had no legal right to them and if they took them I would call the sheriff. They gave them to me,as they were taking them off I retrieved my belongings. They then had to call a tow truck because they couldn't drive an unlicensed vehicle. I told them to get it off my property or pay parking/storage fees. They pushed it out onto the street and waited. I felt somewhat vindicated.
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 01:06 PM
Response to Original message
9. So sorry, Jotsy.
Don't know what part of the country you are in, but my friend who was foreclosed on by Wells Fargo, and we believe illegally, is from Upstate NY. Wells Fargo Law Mill from the start, refused to even talk to her, and when she sent partial payments on her mortgage, hoping to be able to renogiate the loan (she qualified), they returned her checks. We found out since then, that she was not the only one who experienced this inexplicable refusal to even accept payments.

Since then, some justice may be in progress. The cold-hearted lawyer who ran the law mill, and who doesn't speak to anyone he is foreclosing on, is now the subject of a Rico suit and I believe Wells Fargo is named in the suit. Stephen Bauer I believe is his name.

Everything stated in the complaint was experienced by my friend. We are hoping the civil Rico suit will result in some criminal charges.

It came too late for my friend, but it was good news to learn that the wrongdoing we witnessed was at least being addressed at last.

Kentucky also has filed a national class action suit on behalf of people whose homes have been foreclosed on. I believe it includes everyone in the country who may have been illegally foreclosed on.

I am so sorry you are going through this. People need to belong to some kind of organization as trying to fight these corrupt, heartless Corps alone is almost impossible.

:hug:
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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 01:55 PM
Response to Reply #9
10. It all sounds like what I remember.
From October 08 to March 09, there was no work for my spouse who'd always earned enough to support the family working as an electrician. There had been precursors, beginning in 05, a few weeks here and there off, we managed. Sold the boat and a spare 1/2 ton PU. We were pretty much out of things to liquidate by February of 09 when he sold his 3/4 ton 4x4 to make some house payments. He got back to working steadily by the middle of the following month. That is how I got from 3 vehicles and a boat and a home to none of the above in just five years.

In April 09, we forward Wells Fargo $1,400 to enter into a remod, which in our minds left about $600 to go in getting caught up. But the lender never credit the account with that payment and we discovered in the end, they paid their legal fees of foreclosing on us with it. We received the year long payment plan about a month later, requiring an additional $360 per month above and beyond the house payment. We asked why they needed $4,000, contending if even another month had since passed, they shouldn't be trying to lay claim to more than $100 extra per month. We tried as well to send a payment in the meantime, just to remain where we thought we were, it was returned. Many payments over the last three years of the loan (just after Wells became the servicing company) needed to be sent priority mail for proof as to when they received payments, or payments didn't get posted until after late fees had been assessed. Over that summer a guy actually came to the door and wanted to know when Wells Fargo could expect a payment, I asked him his name and the name of the company he works for, he declined on both counts. In October, someone post a notice on the house, we called Wells Fargo, they said to dismiss, it was just the computer spitting out forms and they knew we were trying to work with them. We made attempts weekly at that point to get in touch, but were always left with needing to wait for a call back from someone 'higher up the chain'. On January 25th, 2010, a lovely perky thing with a cheshire grin knocked on my door at about 4pm and said she'd purchased the home at an auction, and already had another real estate agent waiting in the wings to buy it from her, to flip it. We had 10 days to get out. We negotiated a month's rent with the new owners who demanded $200 more three weeks later.

That's my story of dealings with the original Wells Fargo incident. 15 years, $100,000 in payments on a $73,000 loan and me and mine are out. He is a union electrician now, but there are 500 guys on the bench ahead of him. Union still wants its dues though, and he is not free to find work through other sources. His last working paycheck was two days before Christmas and we've been living on unemployment insurance since.

I am an itty bitty version of what the World Bank and International Monetary Fund do to entire countries, and it is that which drove me to the Anonymous plea.

I hope all hear this I DON'T WANT MONEY. If any have it give, I'm sure there are folks closer by who need it more. What I want is the philosophy of damnation through imposed destitution brought to its necessary end.
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Poboy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 02:22 PM
Response to Original message
12. Epic rant. Buckshot of truth. Fair thee well. Recommend-nt
Push that button Mr.Durden
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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 02:43 PM
Response to Original message
13. Interesting timing!
The copy pulled directly from Think Progress.

- WELLS FARGO: Despite being the fourth largest bank in the country, Wells Fargo was able to escape paying federal taxes by writing all of its losses off after its acquisition of Wachovia. Yet in 2009 the chief executive of Wells Fargo also saw his compensation “more than double” as he earned “a salary of $5.6 million paid in cash and stock and stock awards of more than $13 million.”

<http://tpmlivewire.talkingpointsmemo.com/2011/01/new-foreclosure-numbers-20-cities-with-20-percent-of-homes-in-foreclosure-in-2010.php>

The link above is to Talking Points Memo, the part of the story not being told here? I had assumed most folks here understood, empty bank owned homes and the property taxes on them are differed until such time as the home is sold. What might a lack of revenue as a result of no property taxes being paid do to the budgets of cities and states? Here's the fun part-Big banks have bet against cities and states by purchasing the same type of credit default swaps associated with the foreclosure mess.

I see Grover Norquist's dream made to happen through racketeering and collusion.

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Poboy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 04:27 PM
Response to Original message
14. I'm kicking this.
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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 06:20 PM
Response to Original message
15. Kicking on my own,
Anybody got the stones to come back here and tell me why my situation warrants the unrec?

Every time I see that, I'm gonna have a response. Explain yourselves or have the courtesy to let it be.

Philadelphia man forecloses on Wells Fargo
<http://newsfeed.time.com/2011/02/18/turning-the-tables-philadelphia-man-forecloses-on-wells-fargo-office/>

I'll take it from here Poboy, thanks for your support.
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Taitertots Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 06:41 PM
Response to Original message
16. How many months leading up to this were you well aware that you couldn't afford your car?
How many letters did they send you warning that you had not been making payments? But it is their fault that you didn't sell the car and buy one appropriate for your income level when they gave you every opportunity to correct the situation.

All you had to do was pay $40 and you could get your property out of their property.
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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 07:20 PM
Response to Reply #16
17. When supporting a family of three on unemployment?
With the rent for my apartment $200 higher than my house payment? Storage fees of an additional $130 because my appliances and his grandmothers china cabinet weren't going to fit in the new digs?

Letters?
4 pieces of correspondence over two weeks 3 statements and a default notice, we got one in December and they were forwarded $450. All notices listed a different amount as due. Talk to them? After what they did concerning the house? How much credibility would you have put into whatever they said? As of yesterday, I was 75 days late, that's if you don't count the $180 they took off the top of my last payment, which they applied against their late fees instead of listing it as any payment on the loan. A loan launched in April 08 with just over a year to go. Loan amount was $8,000 I've made $6380 in payments and paid $500 down. We sold his truck, a 1997 3/4 4x4, his pride and joy. $2,800 is the most we could get for it, bluebook's suggested retail value is listed at over $6,000.

What income level? Hours stay steady and we are fine as being in my home for 15 years should have illustrated.

It is my humble opinion that this iconic bankster has robbed me and mine of $107,000. So to have someone tell me it's gonna cost me to get back what is already mine, AND that if I'm not nice I could pay a higher price, it doesn't exactly inspire the warm and fuzzies.

I'm curious, before you decided that I'm the bad guy fleecing the innocent little bank, how many foreclosures in Dearborn? Is there a predatory parasitic towing company providing services as a vendor with your city?

I look forward to you facing the same level of empathy you've shown when your turn comes. Laugh at the likes of me all you want, it won't be so funny then, will it?



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Taitertots Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 08:05 PM
Response to Reply #17
18. Were you confused about the agreements that you entered?
How are you being robbed by being held to the contract you willingly entered? You knew this was the obvious result of not paying. Why are you bemoaning them, when all they are doing is what YOU agreed to when you wanted their money.



It can't happen to me because I have paid cash for every car I've had (they were super cheap). I'm not laughing at you, I'm disagreeing with you.
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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 08:49 PM
Response to Reply #18
19. What about THEM?
Edited on Sat Feb-26-11 08:52 PM by jotsy
Do they have a contractual obligation to be honest about when they received payments? Or did you just skip over the part where they pocketed $1,400 of my money. See here's the deal, if they behave in a forthright manner on the original matter, then, I'm never behind because my cost of living doesn't jump by $330 per month. Maybe you can take that kind of hit, I have my limits.

Enjoy your evening Mr. Tait, and I'm curious...is there a chance you work on behalf of or for the financial services industry?

<http://www.complaintsboard.com/complaints/wells-fargo-auto-finance-c24985.html>
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Taitertots Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 10:38 PM
Response to Reply #19
20. I'll bet if you reread the agreements you signed, than you would find it is specifically covered
Edited on Sat Feb-26-11 10:38 PM by Taitertots
If I read your post correctly, they took your $1400 as a late fee. Which is something that you should have taken the time to investigate before taking their money and buying illiquid items that are under water the second you buy them. If you are certain you are correct, you should try to sue them. A court of law is going to do a better job determining their contractual obligations than I ever could.

$330 a month is my rent, water, electrical, car, insurance, motorcycle, and motorcycle insurance. For all intents and purposes my cost of living can't jump by $330. All financial security cost was a shitty car, a small shared house, and a spartan lifestyle.

No, I don't work for a financial services corporation. If anything I'm rabidly against the current system of financial intermediaries.
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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 10:56 PM
Response to Reply #20
21. Wells Fargo promised repeatedly that every cent of that money was going to be credited properly.
And yes, that was verified with them, before we sent the money. I was told during the holiday season of 09, that I likely had a case, as I have saved a bit of paperwork on the matter. No one wanted to fight with the team of lawyers they anticipated Wells would hire, especially if I lacked the resources to pay them in advance.

You believe your comments are indicative of someone 'rabidly against' the current system of financial intermediaries? Please be more specific as to the use of the term intermediaries.


Last link to this site was strictly about grievances pertaining to auto loans, this link is about the home mortgage division.
<http://www.complaintsboard.com/?search=Wells+Fargo+Home+Mortgage&everything=Everything>
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Taitertots Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-26-11 11:44 PM
Response to Reply #21
22. Did you get this promise in writing?
Who verified it? Were they authorized to do this?
Depending on what you signed, this could all be immaterial.

A financial intermediary is anyone who connects borrowers and savers. Banks, investment banks, commercial banks, hedge funds, payday lenders....
My current comments don't detail my anti-financial intermediary stance. All mortgage loans should be held to term. Loans should not be allowed to be securitized. Those securities should not be allowed to be divided into tranches. All derivatives should be banned. All futures contracts should be banned. Uncooperative firms should be placed into receivership, their shareholders and board of directors should have all their assets seized. A special sovereign wealth fund should be created to offer refinancing to troubled borrowers. All payment schedules and interest rates should be set when the loan is issued.
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jotsy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-27-11 12:09 AM
Response to Reply #22
23. I don't get it.
Are they not the professionals with standards to uphold and rules to follow (robosigning ringing any bells here?), whereas I am but a simple bit of citizenry? You claim to be avidly against exotic and vague financial tools yet in every comment you've posted here thus far, heavily scrutinizes my actions or lack of understanding, while at the same time, have yet to speak directly to the record of their infractions. Doesn't strike me as someone walking their talk.

<http://www.huffingtonpost.com/2011/02/25/banks-expect-penalties-foreclosure-probe_n_828552.html>
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cilla4progress Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-27-11 12:39 PM
Response to Reply #18
24. You are demonstrating EXTREME ignorance of
plights that befall folks through no cause of their own: medical emergencies; loss of employment, as in Jotsy's case, due, not only to no cause of her own, but largely because of greed and THEFT by WALL ST. BANKSTERS and CEOs such as the Wells Fargo prick described here and those who send American jobs overseas...

I see these folks every day in the bankruptcy law practice where I work. These are folks who were encouraged - in our credit-based society - to extend and yes over-extend to keep the engine of our consumer economy going (remember GWB's directive to shop our way out of 9-11), who encounter a bump or two along the way and that's all it takes.

It's a GD house of cards and every thinking person knows this.
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Fire1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-27-11 12:47 PM
Response to Reply #24
25. AMEN to that!! n/t
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-27-11 12:53 PM
Response to Original message
26. Good luck jotsy
We just had a tragic event in Colorado Springs with a tow truck drver attempting to impound an SUV. A lady jumped into the vehicle and started driving away as he was hooking up the chains. He started to chase her - the cables broke and wrapped around his legs and he was dragged for about a mile while people were trying to get her to stop. Terrible...

http://www.gazette.com/articles/vigil-113446-held-thursday.html
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