In 1995, I suffered an on-the-job injury and filed Chapter 13 bankruptcy. I was just re-establishing my credit, and it was at least 625 after 1.5 years on my job.
I received a home equity loan from Ford Motor Credit, and then they sold it to Associates Home Equity / Citifinancial Mortgage. It was never late, and in 1999 I suffered a brain injury.
My payments, of course, were not late, and the bankruptcy paid the loan in full to Citifinancial. But they continued to pursue me every month about my payments even though I was in a bankruptcy. Being injured as I was, and being responsible, I paid them as they billed me. They were receiving payments from me and from the bankruptcy Federal Court.
After finishing rehab and talking with many attorneys about my affairs, we happened to notice that my loan had been grossly overpaid. I later read that the Federal Reserve brought a multi-million dollar lawsuit against them for consumer fraud and predatory lending practices.
We have written letters to the Vice President and the Federal Reserve attorney, but no one seems to know where the money for reimbursement is or who it went to. Citifinancial is lying from the top down, and is harassing its workers not to deal efficiently with customers. I have seen many complaints from all over the State of Michigan, and I for one think we need to file a class-action suit against them. It seems to be the only way to deal with these people, who seem intent on stealing, lying, and cheating the American consumer.
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