Re: TCF Bank -Burr Ridge-Collections Dept
Posted by Frank Vitek on 2/02/09

On 9/20/08, Fighting and Winning Against Debt Collectors wrote:
> I can tell you not from a legal but from a practical standpoint,
> that you might be able to get them under the FCRA or another
> applicable statute. Debt collection companies, and even credit
> bureaus, buckle under pressure when you threaten to sue or
> actually sue. Trust me (I am in the process of fighting creditors
> and the credit bureaus right now to erase some misinformation---
> obviously not quite the same thing, but try to find a way around
> it).
>
>
>
>
>
> On 9/20/08, -- wrote:
>> On 9/20/08, Gary wrote:
>>> On 9/06/05, MDS wrote:
>>>> Seeking those with experiences of TCF National Bank Burr
>>>> Ridge collection department. Especially those with
>>>> knowledge of them refusing to accept payments to create
>>>> crisis, wrongful threats of foreclosure, egrious violations
>>>> of EOCA/FDCOA/Illinois Foreclosure Act, etc, and physical
>>>> threats to itimidate.
>>>>
>>>> Current and previous clients, as well as TCF current or
>>>> former employees with such knowledge should email to allow
>>>> their story to have a "day in court."
>>>
>>> I found this thread when I was trying to google TCF
>>> Foreclosure policy. I made the mistake of refinancing with
>>> TCF lured in by their "no closing cost" refinances. I am in
>>> sales and can't always pay by the due date- the 11th of
>>> every month. Their collectors are very aggressive and call
>>> immediately if you are past paying the due date. I was
>>> never more over 30 days late and I paid all of the late
>>> fees. I paid one day over the 15 day "grace" period and I
>>> received a default "acceleration letter" in the mail They
>>> indicated they would stop accepting payments. I would like
>>> to know what's up with this bank? Their customer service is
>>> abysmal. The aggressiveness of the collectors is new to my
>>> experience. No doubt, I am having a tough time paying the
>>> bills recently, but I am trying to turn things around and
>>> this letter seemed to be not only overly aggressive but
>>> maybe illegal. I would like to hear from others that are
>>> experiencing similar problems with this bank!
>>
>>
>> Unfortunately you went swimming with sharks. They can indeed
>> accelerate your loan if you technically fall into default
>> (according to the terms of the contract). I don't see why they
>> would rather accelerate than accept a properly offered "cure"
>> (payment of all due amounts and penalty/interest charges to
>> date) but they can if they want.
>>
>> Good luck with them -- you have my sympathy which won't help
>> you but it is sincere.


Actually, consult with an attorney, but in Illinois I believe a residential mortgage holder
under the Illinois Foreclosure Act has 90 days to cure an alleged arrearage. I would be
surprised if -even though they may send a letter saying so - if they really can
accelerate a "residential" owner occuppied mortgage.. but, check with an attorney.

Posts on this thread, including this one

• TCF Bank -Burr Ridge-Collections Dept, 9/06/05, by MDS.
• Re: TCF Bank -Burr Ridge-Collections Dept, 9/20/08, by Gary .
• Re: TCF Bank -Burr Ridge-Collections Dept, 9/20/08, by --.
• Re: TCF Bank -Burr Ridge-Collections Dept, 9/20/08, by Fighting and Winning Against Debt Collectors.
• Re: TCF Bank -Burr Ridge-Collections Dept, 9/22/08, by Mike S. .
• Re: TCF Bank -Burr Ridge-Collections Dept, 9/22/08, by Mike S. .
• Re: TCF Bank -Burr Ridge-Collections Dept, 9/22/08, by Mike S. .
• Re: TCF Bank -Burr Ridge-Collections Dept, 2/02/09, by Frank Vitek.
• Re: TCF Bank -Burr Ridge-Collections Dept, 2/02/09, by Frank Vitek.
• Re: TCF Bank -Burr Ridge-Collections Dept, 9/09/09, by Vicki Makowka.