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 [...]
