Bank of America lies to underwater homeowners to try to get them to keep paying on horrible loans

This is just disgusting. BlogIT is considering his options on a deeply underwater mortgage. He's been trying to contact both Bank of America and government hotlines to get a mortgage modification.

But the banks got their bailouts; they're not gonna help the borrowers out.

In fact, Bank of America lied to him and threatened him with a huge tax liability in order to intimidate him into continuing to pay. Despite the fact that Congress passed the Mortgage Forgiveness Debt Relief Act which exempts these cases from tax.

I hope Ken Lewis gets the cell next to Mozilo and trembles when he hears the orange midget's screams in the night.

1 comment:

John Wright said...

Please help me send a message to BofA which states, that we will no longer tolerate their potentially irregular, fraudulent and abusive business practices. In the end, the American tax payer did not fail to deliver the BofA bail out in record time, but BofA failed to deliver the American Tax Payer’s bail out in the form of a loan modification. BofA reminds me of that song by John Lennon and George Harrison titled "Piggies" I invite you to listen to this song on youtube and see if it appropriately fits.


Have you seen the little piggies
Crawling in the dirt
And for all the little piggies
Life is getting worse
Always having dirt to play around in.

Have you seen the bigger piggies
In their starched white shirts
You will find the bigger piggies
Stirring up the dirt
Always have clean shirts to play around in.

In their ties with all their backing
They don't care what goes on around
In their eyes there's something lacking
What they need's a damn good whacking.

Everywhere there's lots of piggies
Living piggy lives
You can see them out for dinner
With their piggy wives
Clutching forks and knives to eat their bacon.

Bank of America Lawsuit At: http://news.yahoo.com/s/prweb/20100323/bs_prweb/prweb3766544_1

When I filed my lawsuit against Bank of America, myself and United Law Group thought of the many others out there in the same situation. It was then that we decided to educate the public on what these piggy banks are doing, as well as unite us all together as one voice. Please help me turn this David vs. Goliath modification process, into a Goliath vs. Goliath.

Please stand with me and United Law Group and send an email to Bank of America that states that we will no longer tolerate their potentially illegal, fraudulent, irregular and abusive business methods.

Divided we might have fell America, but united we must stand!

Please send your email directly to Bank of America and include the following:

1. Your name
2. Your complaint concerning your experience with Bank of America.
3. Please end your email “I support John Wright vs. BofA Lawsuit!”
4. Please send a copy of your email to johns-wright@hotmail.com

I will view your comments and see if there is anything that would add to the class action suit United Law Group might be filing.

Please send your email today to Bank of America at:


Happy Super Tuesday!