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This is a YouTube video. Notice what the attorneys are saying about the overall situation i.e. commercial and residential real estate.

If you were thinking of challenging the note holder whether you are current on payments or not, I'd hurry up before Congress waves its magic wand trying to fix this mess.

1 posted on 10/17/2010 7:53:33 PM PDT by Razzz42
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To: Razzz42

How could that woman in the video not know how much money she owed?

FYI ... This show comes from the left.


2 posted on 10/17/2010 7:59:04 PM PDT by GOP_Lady
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To: Razzz42

hey attorneys have known this for a couple years three four maybe
creditors are (were) buying bad debts and suing people

all you have to do to fight it is say “show me the contract you are relying on” and they ain’t got it , all they have is some computer printout

poof

away goes the case and then you also may have a Fair Debt Collection Practices Act case for damages....ha ha


3 posted on 10/17/2010 8:06:20 PM PDT by yldstrk (My heros have always been cowboys)
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To: Razzz42

I was explaining this to a client on a different matter and she was p o’d saying you mean then they get the thiing for free?

My response was “no, then the creditor has gotta do it right to get their money.”


4 posted on 10/17/2010 8:08:45 PM PDT by yldstrk (My heros have always been cowboys)
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To: Razzz42
I've finished watching the video on the link.

This is what happens when do not use a credible financial institution and follow your account.

I have been with my bank since the mid-1980s. Not even one mistake on any of my accounts. I can check my accounts online at any time.

However, these people were still behind on their mortgage.

5 posted on 10/17/2010 8:11:41 PM PDT by GOP_Lady
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To: Razzz42

Note that MERS was an attempt by banks to rip off states and counties by avoiding paying the required fees, which in my mind, are far more Constitutionally-correct (levies and excise taxes) than the IRS or income taxes. Now MERS has backfired on them.


6 posted on 10/17/2010 8:22:44 PM PDT by ikka
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To: Razzz42

If you believe this story is ligit, then you are a stooge to the media. msnbc, shady lawyers and greason, ya that’s a reputable bunch. No thanks, I don’t buy it.


9 posted on 10/17/2010 9:16:20 PM PDT by JoSixChip (You think your having a bad day?.....Just remember, somewhere out there is a Mr. Pelosi!)
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