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Reply #9: Interesting point ... [View All]

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spin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-15-10 03:36 PM
Response to Reply #2
9. Interesting point ...
I haven't really looked into this issue as I have only heard about it in the last few days.

A quick glance at the article again shows ...


The only problem with the summons Jeffs supposedly received was that it had been conjured out of thin air.

In June of this year, a Florida court ruled that the document was fraudulent, as the person who was supposed to make sure Jeffs was served had mysteriously received a copy of the summons before the lawsuit had even been filed, and Jeffs never even saw the copy. The text of that ruling was posted on various financial news websites in September. The lawyers that Jeffs hired to defend his case say that fraud such as this is not uncommon. It’s a widespread problem, and it has cost countless families their homes.

“I think it’s safe to say that 95% of the foreclosure cases in Florida involve some form of fraud on the part of the bank,” David Goldman of Apple Law Firm, PLLC told The Daily Caller in a phone interview. “It’s probably closer to 99%. And the court system is helping them get away with it.”
http://dailycaller.com/2010/10/14/thedc-op-ed-one-nation-under-fraud/


One thing I believe that our elected officials could do at both state and national level is to begin to investigate the situation. If fraud was committed, the intense focus might stop some of this fraudulent behavior and could lead to prosecutions of those who committed the fraud or had knowledge that fraud was being committed and were in a position to stop such activity.

Of course, new laws and regulations can be passed to prevent such activity in the future.

Also many of the judges who participated in these trails might be elected officials and can be voted out of office.

Perhaps someone with a better grasp of the situation and more legal background than I have can make some suggestions.

I do know that I recently heard that you should be careful buying a home that was repossessed by a bank. A certain type of insurance was suggested to protect you. That warning indicates to me that some of these fraudulent repossessions might be overturned in the future.

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