Homecomings Financial A GMAC Company ripoff, fraud, breech of contract, took our money & NEver paid 4 insurance, now refuse our payment & started foreclosure! Dallas Texas

An insurance adjuster has finally arrived, today. But, the problems with Homecomings Financial has not dissappeared. Here is a copy of the letter I wrote in response to their extortion attempts. I email it today. October 15, 2004



Re: Loan Number 043XXXXXXXXX



To Whom It May Concern: We have been trying to make our monthly payments since September 2004. Homecomings Financial is refusing our payments. We can not even access our online account. Homecomings Financial is also trying to collect the wrong amount from us. We will not pay almost 2,000.00 in "legal fees" to prevent a foreclosure. We are seeking the advice of an attorney to prevent this extortion.



This is not the first mistake Homecomings Financial has made. They were also collecting money from us for homeowners insurance. But, instead of paying for insurance, they were keeping the money. This mistake was not notice until we needed to file a claim.



For more information go to www.ripoffreport.com

Search for Homecomings Financial.



Sincerely,

Mrs. Tracey



Falcon, Colorado 80831





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Source: Merriam-Webster Dictionary of Law, 1996 Merriam-Webster, Inc.





extortion



\Ex*tor"tion\, n. [F. extorsion.] 1. The act of extorting; the act or practice of wresting anything from a person by force, by threats, or by any undue exercise of power; undue exaction; overcharge.



2. (Law) The offense committed by an officer who corruptly claims and takes, as his fee, money, or other thing of value, that is not due, or more than is due, or before it is due. --Abbott.



3. That which is extorted or exacted by force.



Syn: Oppression; rapacity; exaction; overcharge.



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embezzlement



1. Crime of fraudulently appropriating property entrusted to one's care and converting it to one's own use.



It occurs when a person gains possession of goods lawfully and then misappropriates them. It thus stands in contrast to larceny, the taking of goods from another without the latter's consent. The most widely adopted embezzlement statutes cover custodians of public funds. Many laws subject public servants to severe penalties, even if funds are lost through improper administration rather than a clear attempt to steal. See also fraud, theft.

one payment behind does not a foreclosure make if they are tring to do this its wrong read your contract with them somewhere in there it states how many payment you have to be behind

second you say you have spoken to several attorneys well get off the potty and hire one i have been dealing with this company for almost two yrs now and i have my second court date comming up in nov this time they cant back down im going to have someones left nut when its over

as i have stated before in my report gmac deaf dumb and blind



stop tormenting yourself hire an attorney before your home is gone and please please please make sure you have all the right proof and its all in your favor

one payment behind does not a foreclosure make if they are tring to do this its wrong read your contract with them somewhere in there it states how many payment you have to be behind

second you say you have spoken to several attorneys well get off the potty and hire one i have been dealing with this company for almost two yrs now and i have my second court date comming up in nov this time they cant back down im going to have someones left nut when its over

as i have stated before in my report gmac deaf dumb and blind



stop tormenting yourself hire an attorney before your home is gone and please please please make sure you have all the right proof and its all in your favor

one payment behind does not a foreclosure make if they are tring to do this its wrong read your contract with them somewhere in there it states how many payment you have to be behind

second you say you have spoken to several attorneys well get off the potty and hire one i have been dealing with this company for almost two yrs now and i have my second court date comming up in nov this time they cant back down im going to have someones left nut when its over

as i have stated before in my report gmac deaf dumb and blind



stop tormenting yourself hire an attorney before your home is gone and please please please make sure you have all the right proof and its all in your favor