Comments on: Federal Court Indy Mac bank demysifying federaL COURT

By: Juliet

Juliet — Thu, 16 Jul 2009 02:33:00 +0000

Hi Lisa,
Could you please put the sample of the letter? I want to send it to Boxer and Feinstein, is there anyone else we need to be sending?
Thanks for working so dilligently on this.

By: khoaductran

khoaductran — Mon, 22 Jun 2009 06:23:48 +0000

Here is my case. Just one month before the closing of IndyMac Bank, I was lured by the high interest rate offered by this bank. I opened my E-Money Market account with IndyMac Bank on-line and included two beneficiaries on my account by choosing the option “Individual Account with Beneficiaries” (I have always specified my parents as beneficiaries in all my holding financial accounts). However, one week later IndyMac Bank sent me a form to sign. On this form, I noticed that there was not the option “Individual Account with Beneficiaries” but only the option “Individual Account” and there was no entry on the form for entering beneficiaries. I was naïve enough to sign the form any way because I thought that the bank already had the beneficiary information that I had already entered online. I came to IndyMac branch in Buena Park and made three deposits in June 2008 – $78,000 June 10, $35,000 June 16, and $100,492.57 June 23 respectively. The IndyMac employees at this bank did not provide me any information about the current bank status and FDIC insurance status on the bank. When FDIC closed IndyMac Bank, I rushed to the bank and asked them to retrieve my beneficiary information. They told me that I did not any beneficiary on my account and provided a hard copy of my signed form as evidence. In short, IndyMac Bank deceived me.

By: Angela

Angela — Mon, 01 Jun 2009 00:32:18 +0000

Dear Lisa – I am glad to hear you are pursuing court action. I'd like to as well but didn't know how.
1) You mention self-representation – is this possible?
2) Also, you said you visited the court where indymac suits were taking place – which court is this? Also, please share the verdicts you observed in the cases. and what the grounds were in the suits)
3) On what grounds are you filing the suit? We all know that indymac rep's did not act appropriately, but we can't prove this (their word against ours) Please provide update when yoh can. Thanks! Angela C