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 […]

Tags: indispensable aprties, merger of debt and note, necessary parties, secured parties, UCC 3 AS TO NOTE, UCC 9 AS TO MORTGAGE
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