• Archives

  • Blog Stats

    • 673,090 hits
  • Categories

  • Advertisements

Punitive Damages for Violations of Automatic Stay in Bankruptcy §362

Livinglies's Weblog

Since 2008 I have called out bankruptcy practitioners for their lack of interest in false claims of securitization. The impact on the bankruptcy estate is usually enormous. But without aggressive education of the presiding judge the case will not only go as planned by the banks, it will also lock in the homeowner to “admissions” in bankruptcy schedules and orders that lead to a false conclusion of fact.

Where a pretender lender ignores the automatic stay Bankruptcy judges are and should be very harsh in their penalty. The stay is the bulwark of consumer protection under bankruptcy proceedings which are specifically enabled by the U.S. Constitution. Hence it is as important as free speech, freedom of assembly, freedom of religion and the right to keep and bear arms.

The attached article shown in the link below gives the practitioner a running start on holding the violator responsible and in giving…

View original post 1,004 more words

Advertisements

BILLIONS MADE AS HOUSING GOES DOWN UNDER SWEETHEART FDIC LOSS SHARING DEAL — Livinglies’s Weblog

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE EDITOR’S COMMENT: On the IndyMac portfolio alone, they made billions while the investors and homeowners got crammed down with double-talk about where the money went. I have been saying for years that there is far more money to be made by banks, servicers, […]

via BILLIONS MADE AS HOUSING GOES DOWN UNDER SWEETHEART FDIC LOSS SHARING DEAL — Livinglies’s Weblog

This article is an excellent explanation of why OneWest and others are more interested in foreclosing than exploring other solutions. They make more money when they foreclose because of the sweetheart deals that they finagle from the FDIC and other government agencies.

The Fate of the CFPB Consumer Complaint Database? To Be Determined. — Consider The Consumer

Well, what do you think? Should consumers, businesses, etc., be allowed to have access to complaints others have shared about different companies? Should there be a database that holds these in one place? 1,215 more words

via The Fate of the CFPB Consumer Complaint Database? To Be Determined. — Consider The Consumer

I believe that the CFPB consumer complaints database should be public information.

Modification or Refi? Which is it? — Livinglies’s Weblog

Just because a document bears a title doesn’t mean that it accurately describes the nature of the transaction. A modification of any agreement requires both sides to agree. Here again we have the identity of the creditor being changed — expressly eliminating any claim that the “servicer” is a legal representative of the creditor to […]

via Modification or Refi? Which is it? — Livinglies’s Weblog

12 Confessions Of A Home Mortgage Collector — Consumerist

A former Wells Fargo Home Mortgage home collector has stepped forth from the shadows to tell you what’s really going on. Here’s his confession:

via 12 Confessions Of A Home Mortgage Collector — Consumerist

Excellent advice from someone that used to work for Wells Fargo and knows what they are talking about.

I am surprised to hear that they were not informed about the FDCPA. I briefly worked for a collection agency years ago and a significant part of the training involved the requirements of the FDCPA and what we could and could not do.

 

TO FIGHT THE GOOD FIGHT … OR NOT!

Excellent advice, particularly the advice to channel your rage into learning all the facts about your case so that you can empower yourself and avoiding the urge to feel a sense of entitlement.

Clouded Titles Blog

OP-ED — THIS IS STEP THREE OF A 3-PART SERIES BY DAVE KRIEGER, AUTHOR OF CLOUDED TITLES

I have conducted intense research for over ten years on chain of title issues and what it means for affected homeowners.

Foreclosure mill attorneys could care less about the chain of title, so long as they can come up with a game plan to steal the property, even if it means participating in the manufacturing of title documents that create standing for their client to allow their little “scalping party” to appear in court.

Once the mess of confusion has subsided and the educational process has begun, the average homeowner discovers (over time) that the method by which the alleged “lender” has preyed upon them has imbued them with a combination of guilt, rage, entitlement or empowerment or the combination of one or more of the above.  This is where things get tricky…

View original post 2,896 more words

THE JOURNEY BEGINS WHEN THE PITY PARTY ENDS … STEP TWO! — Clouded Titles Blog

Op-Ed — (continued from the previous post) STEP TWO … The Internet can be a dangerous thing, especially when doing research, trying to find answers to questions surrounding a potential financial issue that could become a crisis, like a foreclosure. One of the reasons why I post blogs is because people share them. Others who are […]

via THE JOURNEY BEGINS WHEN THE PITY PARTY ENDS … STEP TWO! — Clouded Titles Blog

%d bloggers like this: