It would be nice if I had a home in Greece...if there is one out there with my name on it, please send me the keys to any of the addresses posted. And as for judgment proof, tell that to my ex wife...
Since february of this year it is a FELONY to make false statements in respect to anything to do with a mortgage. One can no longer argue that the ninja loan was not with a federally insured deposit taking institution and therefore the financing paperwork was not covered by the applicable statutes...
I am an expert at fighting foreclosures...regularly comment on national forums read by attorneys and title companies on the issues that have to do with how loans were packaged in the last 10 years and what effect it has on the process of defending the rights of owners against the attempts by purported lenders making claims and using the legal judicial process to convert their claim into an extinguishing of ownership rights by the person who has the key to the front door of their home.
I work for an attorney. We are a VERY agressive firm. I do not do loan modifications as a starting point, and only at a later point in the process, if at all...most folks with too much loan have no business trying to live in a waterfront home on a waitress salary or a disability check and phony financials.
In fact, HUD counseling agencies do not begin to have a conversation with a person in financial distress until they have gone thru budgeting and a long term financial planning and review...then the housing counseling agency closes out that module and bills HUD, if they have a contract with HUD...
its free to you as the person getting the service, but the Federal Government..taxpayers, end up picking up a big chunk of the bill...and HUD counseling agencies are not allowed in most areas to tell you hire a lawyer and fight...many of them get funding from the same investors attempting a foreclosure on your home and in fact Neighborworks and neighborhood housing services IS THOSE INVESTORS...created by the bankers, for the bankers, and of the bankers...
then and only then, after it has been deemed you should have qualified to own a home and should attempt to keep it, is a HUD housing counseling agency allowed to discuss possibilities such as a loan short sale or a loan modification. Anyone who suggests otherwise, has never been thru any HUD training and is talking out of their...etc....
As said, short sales or loan modifications are not something that I work on primarily...but as an offshoot, after other things have been worked on, as required by the rules set up by HUD for its own housing counseling agencies...
Having said all that, I have fired clients in the last 18 months who wanted to commit mortgage fraud...selling a property in a short sale to your daughter is MORTGAGE FRAUD...notorizing a document to an insurance company and mortgage company claiming to have done a sink hole repair and not done so is MORTGAGE FRAUD...putting money in a Caymen Islands Bank account because you were born there and the IRS does not know you have sold property there AND trying to hide 500K in funds because you are not wanting to be bothered paying out of pocket a few hundred dollars a month on investment properties that did not work out...and then asking that a HARDSHIP letter be manufactured...is MORTGAGE FRAUD...having your ex boyfriend make payments for a straw buyer on a flip from one phony nominee straw man to another is MORTGAGE FRAUD...
I have fired clients for wanting me to be involved with the above...and will continue to do so...
but back to that home in greece, really if there is a house out there, please do send me the keys...I could use a vacation....
as per the real estate investor meetings in the tampabay area...I am fairly well known here and don't know of any real estate partnerships that I have been involved with in the last 10 years, basically a lone ranger on real estate deals, and dont know of anyone that is at any of these investor meetings in this area that does not have a property that owes more than it is worth...so don't know anyone who is buying anyones deals in this area in 2009.
as per my personal bankruptcy...long long ago, in a galaxy far far away(Chicago)
I worked with various non profit organizations, having to do with community redevelopment and social justice. One of the organizations asked me to help coordinate some protest against the BoerMag afrikaner dictatorship when they were refusing to allow elections in South Africa. So a not so big protest was made and in that mess, I ended up being harassed by certain racist organizations. One of their own (without disclosing his background) came to "work" with me in Real Estate, and proceeded to make a mess of things...after losing him, we had some lawsuits, they were finished and life went on....8 plus years later, out of the blue, in New York City, a law firm files an ancillary lawsuit, claiming the judgment was still alive(in illinois they die after 7 years unless properly renewed, which, how could it be since it was already done and settled)...and I was sent notice after the fact, in fact 30 plus days after the fact...a sneaky new york special commonly known as “sewer service”...so instead of being able to go in within the 30 days and argue that there was no notice and ask for a rehearing, the court said that I would have to go back to Illinois...go to court there, and then the court might prevent collections...the claim made was over 10,000.00...it would have cost a few thousand just to get on the plane, do the research, hire an attorney, deal with the problems, get an Illinois court order that a judge the new york would understand and accept, come back to the court in new york, and get it overturned...or I could pay the filing fees for a Chapter 7 and tell them to go fly a kite...you can look it up on PACER...I have nothing to hide...
And if you are in a foreclosure...don't give up without a fight...there are a number of lawyers who have now gone thru neil garfeilds training or have attended an april charney training event...the entity claiming that you owe them money may not actually be the one you are required to pay...in the old days, a real banker lent you money and had capital in their financial institution...in the last decade, that has changed to where the agreement to make 360 payments secured by the home you own, is resold and spliced and diced to at least 2 dozen if not hundreds of financial groups, with each of them having various rights, BUT what is most important to remember, is that your BANK(??) who is sending you the monthly statement...if they have sold off various interests in your debt(most have) then they CAN NOT own your debt, they are just the book keeper...in fact...it would be securities fraud for them to own the debt as they created what are known as BANKRUPTCY REMOTE special purpose vehicle remic's...if your loan has an MINS number on the first page, it is probably designed to be sold off into loan pools...and your "lender" who sends you the monthly statement, unless they are the MASTER servicer, they can not make any changes to your loan, they have to talk to the MASTER servicer,..your "lender" is probably the primary or "Sub" servicer...all they can do is take your money...as a book keeper...so be careful with what you are told by the firm sending you a monthly acount statement...and if you have the resources to pay for you home, but just had a short term problem, hire a properly qualified attorney who knows what a cusip is, what a series in a loan pool is, what the difference is between a trust and a trustee, knows what nclc stands for, understands UCC-3 issues and understands how to fight "standing" to bring a suit, along with knowing how to ask for proper documents with discovery requests...
don't give up without a fight....
be well,
alex
