The Washington Post has a story documenting the practice of judges in New York of dismissing foreclosure proceedings based on sloppy documentation. In one case, the judge erased the debt and transferred the house the homeowners.
This type of aggressive policing of the servicers and lenders would be welcome here.
http://www.venturadebtlaw.com
Tuesday, November 9, 2010
Sunday, November 7, 2010
Does Modification Lead to Foreclosure?
MSNBC has an excellent story on how trial modifications, if not extended or turned into long-term modifications, may lead to foreclosure. This is truly astounding.
The story is here.
There were many large bankruptcies announced this week. It isn't just the common person.
Gulfstream (the maker of the corporate jet is in trouble).
The National Enquirer.
Ambac Financial (bond insurer).
MGM.
Heidi Montag and Spencer Pratt.
For more, see:
http://www.venturadebtlaw.com
http://www.ojaivalleylaw.com
The story is here.
There were many large bankruptcies announced this week. It isn't just the common person.
Gulfstream (the maker of the corporate jet is in trouble).
The National Enquirer.
Ambac Financial (bond insurer).
MGM.
Heidi Montag and Spencer Pratt.
For more, see:
http://www.venturadebtlaw.com
http://www.ojaivalleylaw.com
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