The letter below shows EXACTLY how the banks and their lawyers try to twist the facts and scare homeowners as well as consumer advocates into accepting their lies. The blogs referenced in this response letter are credible and valuable in the foreclosure defense arena. Statements like: “A paralegal at the now defunct law firm of [...]
ForeclosureHamlet.org aka Lisa Esptein’s Response to Nationwide Title Clearing Cease and Desist Letter
April 1, 2011 By Leave a Comment
Bank of New York must Produce the Note if they want to get paid!
November 10, 2010 By 9 Comments
The Show Me the Note strategy is a solid one if done properly but you can’t simply deny you owe a debt and get a free house. You signed a promissory note to someone. The question is to whom is the money actually owed and what is currently owed against it. Why? Quite simply many [...]
JPMorgan CHASE is in the foreclosure business, not the modification business
September 12, 2010 By 8 Comments
It’s simple, follow the money. Everyone understands the purpose of a compensation plan. Develop a plan that uses money to motivate a certain behavior. For the past several years we’ve been saying that the banks/servicers WANT to foreclose properties. It is the fastest way for them to generate fee income as well as convert [...]
Chase produces a Fraudulent Assignment of Mortgage
May 4, 2010 By 1 Comment
J.P. Morgan Chase along with its attorneys cranked out some bogus docs or so it seems. These guys will stop at nothing to get their way. Thanks to 4closurefraud.org for posting this info. – The Bank Slayer J.P. Morgan Chase / LPS Produced a Fraudulent Assignment of Mortgage! Memorandum of Law of The United [...]
Should I try a short sale, file bankruptcy, or both?
May 4, 2010 By Leave a Comment
This is a common question posed to us. Can I do a short sale AND a bankruptcy. The answer is yes, BUT. Below is a short article by a Boston BK attorney who I think does a decent job of explaining both options. That said, I think that way too often homeowners jump right to the [...]
Supreme Court wipes out debt when banks should have known
March 28, 2010 By Leave a Comment
Although we typically advocate bankruptcy as a last, last and then one more last resort, this is an interesting article that shows that sometimes a defense to the banks attempt to collect on a debt is simply: I told you, you should have known, follow the rules. If you or someone you know is facing a battle [...]
Lien stripping in action, let’s just get rid of the unsecured part, shall we?
March 5, 2010 By 1 Comment
David Leibowitz posted a short blurb on stripping liens from a property. Bottom line is that the “underwater portion” of a mortgage may be fair game as it is unsecured. This is a huge benefit for investor or the average homeowner who also has a rental property or two. Too bad it is not readily [...]
