The Banks Show No Mercy: 10 Foreclosure Horror Stories That Will Blow Your MindMichael Snyder The big banks will often string homeowners along for months or even years with loan modification promises, only to drop the hammer on them at the most inopportune time. Over the past several years there has been case after case where mortgage documents have disappeared, where big banks have manufactured missing documents out of thin air and there have even been cases where big banks have tried to foreclose on homes that do not even have a mortgage. Once in a while, the big banks get a small slap on the wrist, but nobody ever really gets into much trouble for any of this. In fact, the big banks just continue to gain even more market share and even more power. Hopefully when some of these foreclosure horror stories start to become publicized more widely we will start to see some real changes in the marketplace. The following are 10 foreclosure horror stories that will blow your mind #1 If you get behind on your mortgage, your family might be tossed into the street at gunpoint in the middle of the night #3 Sometimes financial institutions will promise you a loan modification for many months and then turn around and foreclose on you anyway #4 Other homeowners have found themselves trapped in loan modification hell for years #5 Sometimes a big bank will kick someone out of their home and then never actually take possession of the house. As a result, many former homeowners now find themselves stuck with thousands of dollars of unpaid bills. For example, a recent CNN article told the story of Rose Nathan, a 37-year-old office manager #6 Sometimes a big bank will decide to foreclose on you even when you have been making all of your payments. Just check out what real estate agent Mark Conca went through with one major bank #7 Sadly, the customer service at many of these large financial institutions is almost non-existent. In fact, sometimes representatives from these companies will literally tell you that they wont lift a finger to help you #8 Sometimes the big banks will try to foreclose even when you paid cash for your house and you dont even have a mortgage #9 Dealing with these big banks is so incredibly frustrating that some homeowners have completely snapped. For example, one very frustrated homeowner in Ohio decided to crash his SUV into his own home #10 Another very frustrated homeowner literally bulldozed his own home Meanwhile, the big banks that are doing all of this continue to receive billions of dollars in assistance from the federal government. The following is from a recent Bloomberg article When JPMorgan Chase Co. Chief Executive Officer Jamie Dimon testifies in the U.S. House today, he will present himself as a champion of free-market capitalism in opposition to an overweening government. His position would be more convincing if his bank werent such a beneficiary of corporate welfare. To be precise, JPMorgan receives a government subsidy worth about $14 billion a year, according to research published by the International Monetary Fund and our own analysis of bank balance sheets. The money helps the bank pay big salaries and bonuses. More important, it distorts markets, fueling crises such as the recent subprime-lending disaster and the sovereign-debt debacle that is now threatening to destroy the euro and sink the global economy. So what do you think about all of this? Do you have a foreclosure horror story to share? Please feel free to post a comment with your thoughts below This article first appeared here at the Economic Collapse Blog. Michael Snyder is a writer, speaker and activist who writes and edits his own blogs The American Dream and Economic Collapse Blog. Follow him on Twitter here. 