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Mr. Chapman Says He Can Drop My Mortgage Payment. – Della

“Dear Steve,

I too talked to Mr. Chapman like another reader posted. Was told he could drop my mortgage anount by 50k. And payments would drop $300.00 a month. He ask for my bank info. so $660.00? Could be taken out each month to hold. He stated it would take 4 months for him to do this for me. And each month $660.00 would be taken out until finalized. I ask for some kind of documentation for me to get. So I know this was on the up and up. He got a little angry. Said he didn’t have time to do all this leg work. Pretty much if you want tit act now or forget it. That is what I took him to say. I didn’t take it although I really need the help. I to can not afford to be scammed. What do you think aboutt his…. Should I have went on forward with him?


Dear Della,

I’m assuming you are referring to the Mr. Chapman in the post Meracord / Noteworld is Offering Me a Loan Modification for a Fee. – Noreen.

It smells like it is less than honest and like a salesperson trying to push you into making a decision you are not ready to make.

I’m inclined to think it was all just hype.

There are things you can do to see what mortgage help may be available. Look below.

Please post your responses and follow-up messages to me on this in the comments section below.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

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Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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