THE MOMENT YOU FIND YOURSELF SAYING “BUT JUDGE, YOU DON’T UNDERSTAND,” YOU HAVE ALREADY LOST.
Thursdays LIVE! Click in to the Neil Garfield Show
Call in at (347) 850-1260, 6pm Eastern Thursdays
In my experience most motions to vacate are actually motions for rehearing. There is a huge difference. Failure to understand these differences results in thousands of hours of legal work that are completely useless except perhaps as a delay tactic. In order to score points in this arena you must (1) disabuse yourself of the notion that you’re dealing with a “standard mortgage loan” and a “standard mortgage foreclosure” and (2) know how to use that knowledge to make legal points that cannot be ignored by the trial court or an appellate court.
*
Just because you labeled a pleading as a motion to vacate does not mean that it will be treated as such. Nor should it. Just like an assignment of mortgage or beneficial interest in a deed of trust is not an assignment of mortgage if it does not include transfer of the underlying the debt after payment of value — either on the face of the instrument (making it facially invalid if there is no recitation of transfer of the debt for value paid) or concurrent with the assignment is a separate transaction — requiring actual proof of payment and transfer from someone who owns the underlying obligation.
*


