On the morning of Dec. 19, 2012, in a Torrance courtroom, Larry Delassus‘ heart stopped as he watched his attorney argue his negligence and discrimination case against banking behemoth Wells Fargo.
His death came more than two years after Wells Fargo mistakenly mixed up his Hermosa Beach address with that of a neighbor in the same condo complex. The bank’s typo led Wells Fargo to demand that Delassus pay $13,361.90 — two years of late property taxes the bank said it had paid on his behalf in order to keep his Wells Fargo mortgage afloat.
But Delassus, a quiet man who suffered from the rare blood-clot disorder Budd-Chiari syndrome and was often hospitalized, didn’t owe a penny in taxes.
One of his neighbors, whose condo “parcel number” was two digits different from Delassus’, owed the back taxes.
In a series of painfully tragic events, Wells Fargo relied on its typographical error to double Delassus’ mortgage — from $1,237.69 to $2,429.13 — as its way of recouping the $13,361.90 in taxes Delassus didn’t owe. Delassus, a retiree living on a $1,655 check, couldn’t meet the mysteriously increased mortgage. He stopped paying, and soon was far behind on his mortgage.
Delassus and his attorney did not discover until May 2010 that a mis-entered number had dragged Delassus into this spiral. As court documents obtained by L.A. Weekly show, after admitting its error, Wells Fargo foreclosed on Delassus anyway and sold his condo.
Delassus had to move to a tiny apartment in an assisted-living home in Carson.
Friends say he didn’t die of heart disease that day in court, as the coroner found. He was, they believe, killed by a system so inhumane that it could not undo a devastating piece of red tape the system itself created.
Folk has to disclose that Folk has bad blood in veins regarding Wells Fargo. The things these banks are allowed to get away with is equivalent to legal public prostitution.
The problem is that the rules are based on a person’s financial status. The larger a person’s cash contribution to the bank the lenient the rules. In Folk’s specific case, case worker was stupid enough to say that Folk didn’t have enough financial deposits to negotiate such a policy. Folk was also told that Folk was too financially responsible for them to discuss alternative resolutions. Even though there was Federal regulations in place to assist Folk in such situations.
Funny thing is, once Folk took on additional debt, problem resolved because Folk became financially unsound. 10 months of bullshyt Folk dealt with the bank and Folk got to say that Folk did consider ceasing a life or two, even Folk’s (but ceasing Folk’s life was a fleecing thought that was always replaced with making life hell for these fvckers trying to fvck Folk).
This story is another sad case that will go without much public debate or attention. No fan fair on the nightly tele broadcasts because the media is in financial orgasmic frenzy over the Dow which the banks are rolling in the cash so much so that they make the banks of pre economic collapse look like the local lender at the 7/11.
But if corporations are people, why can’t Wells Fargo be brought up on manslaughter?