(Source: West Virginia Record) – WINFIELD – A Putnam County man says that when he defaulted on his mortgage, his bank foreclosed settle-your-with-chase-bankon the house instead of working out a repayment plan.

Kyle E. Chapman filed a lawsuit Feb. 24 in Putnam Circuit Court against JPMorgan Chase Bank NA, alleging negligence, unconscionable conduct and tortuous interference with a contract.

According to the complaint, in 2011 Chapman received a mortgage loan for $123,216 under a U.S. Department of Agriculture program for low-income home buyers, serviced by JPMorgan Chase. The suit says that Chapman, who works two jobs as a lab technician, applied for a loan modification to help him afford the mortgage after the birth of his second child in 2013.

Read more from the West Virginia Record

Erik Sandstrom
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