"my hardship is not permanent"

[photoguy]

After 6 months of wrangling, endless faxes and phone calls, I've been denied by wamu/chase for modification. I own a retail business and things have slowed way down. I take home less than my mortgage, and have been staying current out of my savings. The response from chase is that my "hardship is not permanent." How on earth they came this conclusion is mind boggling. Even if the economy were to recover I've stated that my wife has been layed off from her job, so we'll still be way short every month regardless. Early on I was told to "stay current" as wamu prefers that, and if you are 2 months late you do not qualify for the Government program. So, I was a good soldier, living like a monk, but paying the mortgage. I have a baby with cerebral palsey that requires expensive physical therapy. I submitted bills as proof of this, but i guess they were ignored.

Initially I was told that the "file is closed" and there is nothing I can do. 2 days later I called and was told that I could dispute the decision with a "dispute letter" and a new round of current financials. I've sent everything in again this time with emphasis on the fact that I AM BROKE!

Here's my question to anyone out there. It seems that folks who get help are the one's who are underwater or months behind. Am i better off in that category? If I miss a payment does that get their attention? I'm told there is a different program for people in serious trouble, which could be me soon enough. I've come so far with this current modification attempt, I feel I should see it through.

My head is spinning......

thanks

[Georgebow]

Yeah they ignored me showing them my savings and credit card bills as proof that I blew everything trying to just pay the mortgage. They said my hardship was not permamnent becasue I had been paying the mortgage before the trial period.

They wouldnt aknowledge the fact that my mortgage is 70% of my gross income and 90% of my net income before living expenses.

My ARM is going to adjust in May 2010 so I am stopping payments to show that I cant afford them then have the hardship of ARM adjustment. But at this point I am not very motivated to pay them anything.

[caldwellb02]

I got the not permanent hardship too. Told my senators and congressman. They and I sent complaints to the Office of the Comptroller of the Currency. It's absolute baloney. I started this 10 months ago. Am now delinquent (Chase says I'm not in default. I am "delinquent") 2 months. Still no mod. But still fighting. Hang in there.

[photoguy]

Out of the blue tonight (7pm) my time, I get a call from someone at chase saying they are my "loan modification" counselor. He goes on to say that my file is complete and will be forwarded to underwriting for a new review, and that a decision will come in 4-6 weeks. "is there anything else I can do for you tonight sir.?"

This is the first actual communication verbal or written I've received in the 6 month process, so I guess this is a good thing right? Still don't know if I should try and make the Nov payment??

[smit5454]

Photoguy.

Here is some info from a previous post. Try and find something or spin your situation to fit one of these items. Economy probably won't be considered permanent since it may rebound at some time.



Hardships

---

Just found this info on a website.
https://www.hmpadmin.com/portal/docs...cer/sd0901.pdf
HAMP Hardship Reason Codes - I have 4 that meet the specs,

1 - Death of borrower
2 - Illness of principal borrower
3 - Illness of borrower family member,
4 - Death of borrower family member,
5 - Martial difficulties,
6 - Curtailment of income,
7 - Excessive obligation,
8 - Abandonment of property,
9 - Distant employment transfer,
10 - Property problem,
11 - Inability to sell property,
12 - Inability to rent property,
13 - Military service,
14 - Other,
15 - Unemployment,
16 - Business failure,
17 - Casualty Loss,
18 - Energy environment costs,
19 - Servicing problems,
20 - Payment adjustment,
21 - Payment dispute,
22 - Transfer of ownership pending,
23 - Fraud
24 - Unable to contact borrower
25 - Incarceration

[emerge]

Im in the same boat...just got denied after 6 or 7 months of waiting. I call in, and in that same day they are able to tell me "DENIED" took them 7 months to tell me in one day. Same reason "no permanent hardship"

How in the hell can you tell me that my salary being to little to pay my mortgage is not a permanent hardship. I dont see my company givng me a raise or promoting my ass anytime soon. this is where im at!!!!! infact we are on a raise FREEZE!

figure it the **** OUT CHASE!!

sorry... i hate CHASE!

[photoguy]

Emerge,

have you stayed current? I can't make my Nov payment and I'm wondering if that might finally get their attention. I feel your pain.

[evo13]

Im finding try and find something to fit a category offensive. I had a death in the family and really cant make my mortgage payment. Dont mean to be mean but we r having a situation where I have a daughter and grandson left living. They are left with nothing. Chris had no life insurance, at 29 yrs of age. We have moved them into my house and the bills are adding up. SSI in this usa takes 6 mos or more to get. My husband and I are left to pick up the pieces and deal with the loss of a son-in-law. Death is permanent. I submitted my documents to Chase 7 months ago. Even with SSI she can't afford to live on her own. Still nothing from Chase. I'm beginning to think it is a lottery.

[caldwellb02]

evo - I know you have an incredible struggle and I feel for you greatly. And I get the feeling sometimes that they (Chase) just spin the wheel and say okay, we'll work on getting a trial mod for this one. I can't figure out for the life of me why I don't even have a trial mod. Not for the life of me. This is crap.

[MAXIE19]

Originally Posted by evo13

Im finding try and find something to fit a category offensive. I had a death in the family and really cant make my mortgage payment. Dont mean to be mean but we r having a situation where I have a daughter and grandson left living. They are left with nothing. Chris had no life insurance, at 29 yrs of age. We have moved them into my house and the bills are adding up. SSI in this usa takes 6 mos or more to get. My husband and I are left to pick up the pieces and deal with the loss of a son-in-law. Death is permanent. I submitted my documents to Chase 7 months ago. Even with SSI she can't afford to live on her own. Still nothing from Chase. I'm beginning to think it is a lottery.

EVO:

We all sympathize with you. The death of a loved one is probably the hardest or one of the hardest experiences in life one could ever endure. That being said, in order to effectively advocate your hardship position with Chase, you have to be able to show the nexus between your son in law's premature demise and your hardship situation. It does not really come through in your postings although your frustration with the process comes through rather loud and clear. I base my conclusions on the limited information you have provided on the forum. It could very well be that your hardship letter which we are not privy to is a little bit more detailed.

Allow me to be more specific.

1. You state that your daughter and your grandson have now moved in with you but you fail to state the reasons why it is your obligation to fully support your daughter (I am assuming that there are no special needs or limitations involved here and that your daughter is an adult capable of fending for herself and her son).

2. Your write up mentions that she is awaiting SSI, however, it is unclear whether she has a disability that prevents her from fending for herself and her son. In other words, I do not understand from your write up why she is not supporting herself and why it falls on you to do so.

3. Was your son in law providing any financial assistance to you in any way that has now been curtailed by his death......this will provide the necessary nexus between his death and your inability to now pay your mortgage.


I wish you the best and hope it all works out for you and for everyone else on the forum. Take care and God Bless.

[shade]

Evo call a lawyer that will kick chases ass

[briknope]

Another denial because you are current on your mortgage. I have been reading through alot of these "denial" posts and mainly the underlying reason is being current.

[BobandArlyn]

See ChaseVictim post from today about same type of denial and class action.

[Stuart C]

In order for me to qualify for the trial period, I had to do a 1 month forbearance agreement before they could put me into the computer. Not suppose to be that way, but that's what happened.

[shade]

Same here as Stuart, they put me a 1 month forbearance ot make me late in the computer then started the trial period.