Notes are not debts. They are merely paper vehicles to enforce a debt.
without contesting the legal presumptions arising from the law of negotiable instruments, the presumption becomes fact for the case. We don’t need to eliminate the trust altogether although it probably doesn’t exist. All the homeowner needs to show is that neither the trustee nor the trust owns any obligation from the homeowner that is owed to the …
Notes are not debts. They are merely paper vehicles to enforce a debt. Read More »