I found this website while surfing for information on my mortgage company and have waited awhile to tell my story under advice of my attorney.
My husband and I have had a mortgage with Ameriquest since 2003 and then we refinanced not too long after through a broker. We also found out that since we had gotten that big check when we originally did our loan with them that the check we recieved was all the equity we had in our house and we were not told that at the original closing. (When you are broke with kids you don't realize the things you will not ask questions about for a little money)
At the end of 2003 we decided that we would try starting our own company, well needless to say we lost mostly everything due to the fact the person we were contracted with went to jail for
50 years and could not pay us for the work we had done.
In 2004 we spent many months trying to refinance to no avail, noone would refi us due to the fact that Ameriquest stated the value on our house was way more than it should have been. We got behind and decided to file Chapter 13 bankruptcy. That did not work out for us due to the fact that between the trustee payment and the mortgages we were broke. And they still would not accept our payments when we were in our 13.
Ameriquest continued to say they could not refinance us and put us into collections until we decided to file a Chapter 7. As most know when you are in a bankruptcy of any kind the creditors cannot contact you, well Ameriquest is special and as soon as they got the stay lifted off the house they started calling here 5-6 times a day. I have documented calls for one month at 50 calls in 30 days. That does not include the other 2 months they called here.
At this point I was 7 months pregnant and on bed rest due to stress related early labor problems. The phones calls got worse over the 3 months that we were waiting for our 7 to be discharged. I was told I was "trash for living in a house I was not paying for" " Would I like to be kicked out on the street". These people would call here at all hours of the day and night.
Finally after telling them repeatedly to stop calling, my bankruptcy attorney called them and they told him that "they could call me anytime they wanted to". He sent letters to their attorney, to no avail they continued to call. We finally had enough and filed a lawsuit against them and even after being served with papers continued to call and harass us. We even told them that we had all our phone calls being monitered by the police. Here is the number that they use which is untraceable by the phone company: 1-800-430-5262 Says TOLL FREE CALL on caller id.
We have gone to court several times to no avail and they keep saying they will settle but our house is still up for foreclosure sale this month. Merry Christmas to me and my family. Our lawyer keeps calling their lawyer and he will not return the phone calls.
We have tried to get a new mortgage, but because they are still reporting as foreclosure on our credit we cannot buy a new house without a huge down payment.
We have told them that we are going to the papers and they don't care. They are a predatory lender and look for people like us to screw over.
Some things I have learned in researching this company: They don't accept any partial payments due to the fact that then they cannot foreclose on your house if you are making some kind of payments, trying to get a hold of them is like pulling teeth, even though we no longer are in debt to them they continue to run our credit every month.
Here are some of the names that they go by: Ameriquest, AMC Mortgage, Argent Bank, Duestche Bank, Town & Country and I am sure there are more. Kind of surprising for 1 person to own all these companies and be the Ambassador To The Netherlands too. (Money is a very powerful thing, wish I had some) It also seems that everyone is suing them or investigating them all over the country and people still continue to get new mortgages from them.
This is the short version of my story and soon I will have no - where to live with my 3 children. I am sure that this will come back to bite me in the (you know where) but I am trying to educate people about the experience that we are still going through. Be carefull all and when the deal seems too good to be true stop and look futher into it before signing your name to that stack of papers.:):):)
This is not all of our story, it would take time to explain all the wrong they have done to us in the past 2 years.
Someone
Somewhere, Illinois
U.S.A.
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