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Identification of Actual Creditor is essential for Deciding Many Issues

Livinglies's Weblog

CREDITORS ARE NECESSARY AND INDISPENSABLE PARTIES: I think this piece identifies the correct issues in the identification of actual creditors — i.e., parties entitled to receive payment from a homeowner. Inferentially it raises the very issues that foreclosure defense lawyers have been raising for years — without knowing the identity of the real creditor, how can you connect the real creditor to the snowstorm of documents created by the banks, trustees and servicers?

Get a consult! 202-838-6345

https://www.vcita.com/v/lendinglies to schedule CONSULT, leave message or make payments.
THIS ARTICLE IS NOT A LEGAL OPINION UPON WHICH YOU CAN RELY IN ANY INDIVIDUAL CASE. HIRE A LAWYER.
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Hat tip to Dan Edstrom
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The financial industry has successfully re-defined law, procedure and rules as they progress through the avalanche of foreclosures which is continuing despite well-placed reports to the contrary. Perhaps the most important “re-write” has been the notion that the…

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