I was traveling and re listening to an older lecture given by 2 Bankruptcy judges generally held in high esteem. The largest point was that naming a party as the creditor and checking the right boxes showing they are secured basically ends the discussion on the motion to lift stay and restricts your options to […]

Tags: admissions, bankruptcy, malpractice, QWR, schedules, Servicer advances, title defects arising out of incomplete confirmed plans
Posted in Corruption, evidence, expert witness, foreclosure mill, Modification, Motions, Pleading, securities fraud, Servicer |

I have not followed Prommis Holdings closely but I can recall that some people have sent in reports that Prommis was the named creditor in some foreclosure proceedings. The reason I am posting this is because the bankruptcy filings including the statement of affairs will probably give some important clues to the real money story […]

Tags: bankruptcy, debt, Deny and Discover, document trail, investment bank, Investor, look-back period, money trail, Mortgage, note, Prommis, schedules, statement of affairs, Underwriter
Posted in bubble, Corruption, Eviction, securities fraud |

Upon finding that a portion of those payments should be applied to the subject loan, the declaration of default would be invalid because it would either be wrong inasmuch that the third party payments would at least be prepayments of future monthly payments, or wrong because the third party payments reflected an inaccurate accounting of […]

Tags: accounting, adversary, bankruptcy, credit default swaps, creditor, Federal Bailout, foreclosure, insurance, schedules, secured claims, securitized mortgage, third party payments, unsecured creditors
Posted in bubble, Corruption, Eviction, expert witness, securities fraud, Servicer |