Why a homeowner or other mortgagor in NY and other judicial-foreclosure states should stop paying the mortgage if financial difficulty is expected in 6 months, invite a foreclosure action, defend the action timely and vigorously (at low cost), and use the extended time to obtain a reasonable modification agreement or find a buyer to get any of your equity out of the property (by not having to sell at a distress sale).
Duration : 0:9:13
July 20th, 2010 at 1:40 am
WTF: Just quit …
WTF: Just quit paying one red cent to banks credit cards, quit paying for inflated mortgages, quit buying crap, quit your job, quit working your off for wages in a job. Just quit and lets see who’s got who by the balls for a change,..eh! Cheers!
July 20th, 2010 at 1:40 am
Carl ,what about …
Carl ,what about accepting for value the default notice upon proof of claims that the bank has the original contract signed by both parties,not on sold to 3rd party,copy of orininal bank assay showing incurred loss,an invoice,not statement for money owed/owing by full christian named entity, not corporate fiction,proof of claim that there’s any lawful money in circulation for public/private use? Is this effective?
July 20th, 2010 at 1:40 am
Thank you for …
Thank you for posting this. I have a different solution, see it at scibd(dot)com/AndyJackson for documents to file or maybe this is similiar to this method advised here. I hope everyone realizes the true nature of Banking. Carl is right, failure to dissagree is to agree. when you are told you owe the bank money challenge them to prove it, prove they have the Note, etc. An unrebutted affidavit stands as truth. Your letters have power. Do administrative remedy measures and don’t go to court
July 20th, 2010 at 1:40 am
Thank you for …
Thank you for posting this. I have a different solution, see it at scibd(dot)com/AndyJackson for documents to file or maybe this is similiar to this method advised here. I hope everyone realizes the true nature of Banking.
July 20th, 2010 at 1:40 am
I stayed in my home …
I stayed in my home, An agency in DC helped me use this to get the bank to finally work with us. I reduced my payment 46% for 5 years and the get started info was free and the paperwork was less than $200 I went to delay or stop foreclosure online, it was easy to find, also goes by homeowners assistance info, use discount code 7129098 as there is a grant available to keep costs under 200. I am so relieved and every American deserves to stay in their home good luck and God bless
July 20th, 2010 at 1:40 am
Dear Carl,
I …
Dear Carl,
I want to thank you so much for being a lawyer who is willing to help people in foreclosure.
I won my case without an attorney and I am so glad to see you doing this representation in mortgage foreclosures
Let me know what you think of my video
and make a comment on it, type in,
“Win In Foreclosure”
and look for MrJonLedin
Thanks
Jon Ledin
July 20th, 2010 at 1:40 am
Very Good Info!
Very Good Info!
July 20th, 2010 at 1:40 am
As a 20 year …
As a 20 year licensed loan agent in California who has helped many people save their properties, at least for a year or two, or more if they actually followed my advice. I feel this attorney is spot on. Stop paying your mortgage now. Hire a good attorney instead and hunker down for a fight. You really want to save your home..fight for it.
July 20th, 2010 at 1:40 am
Man, it’s difficult …
Man, it’s difficult out there. It might not be for you, but it is for millions of Americans. People who want to work but cant find a job. If a persons back is up against the wall, not paying the mortgage makes since…I dont believe in going down with the ship if its not nessesary. What for those crooks? For the guys who made this problem?…no way…
July 20th, 2010 at 1:40 am
@ethjohns
Try this …
@ethjohns
Try this scenario. You bought a house 3 years ago for $ 500k. You put down $ 200k. Today your same house across your street sold for $ 175k. You still OWE $ 300k on your house. Would you STILL make your payment?..knowing you LOST your entire life savings of the down payment and still underwater $ 125k? Who is to be blamed? The Bank should take at least half the blame…for lending out money to people with zero money down, and no credit..driving up prices in the first place.
July 20th, 2010 at 1:40 am
Sorry folks, you …
Sorry folks, you have been had, peed on, scammed and lied to.
WallStreet is rigged and bailouts a fraud, market manipulations,
high freqency trading, flash orders, naked short selling, on and on
Goldman and Gov’t are in bed, they set the rules to benefit the few
Jobs been exported, your labor de-valued to Zero to screw you into debt
Walk away from your CC cards and (underwater) mortgage
FICO scores are a scam to enslave you and keep you in debt
Get out of paper. Don’t be sheeple. Fight back!
July 20th, 2010 at 1:40 am
if you haven’t seen …
if you haven’t seen the inequity in banking, ie credit cards, mortgages, etc., then you haven’t been awake. i’m taking the fucksticks for every dime i can. i didn’t agree to refried pieces of coming into my country illegally, taking g’ment grants to open businesses with no citizenship, credit, education, common sense, or identification & can’t speak our language after 18 years? tie 3 innertubes together and ship’em back across the rio fuckin’ grande, sink’r swim. nobody got MY vote!
July 20th, 2010 at 1:40 am
what can you do if …
what can you do if a commercial bank loan calls your loan if you have never never late like comerica did to me
July 20th, 2010 at 1:40 am
First off, his …
First off, his ideas are not that bad, as somebody who is an expert at this sort of thing. To ethjohns – Why do lenders do loan modifications KNOWING that 90% of the borrowers are in default again within six months??? To bleed every last dime that they can before taking the property back. I agree, if a borrower KNOWS they will be in hardship soon, PLAN AHEAD!
July 20th, 2010 at 1:40 am
It’s because of …
It’s because of people like you that we’re in this foreclosure crisis in the first place. You have an ethical obligation to repay money you borrowed. The only thing you got right is that “it’s no longer a financial sin to have a foreclosure”. Hmm, why do you think that is Mr. Lawer man? Go get a respectable job!
July 20th, 2010 at 1:40 am
LOL!!! This is one …
LOL!!! This is one of the most ridiculous things I’ve ever watched! People like this douche are the reason for the foreclosure crisis in the first place. You have an ethical obligation to repay money you borrowed. “Stop paying even if you have money”???? WTF??
July 20th, 2010 at 1:40 am
I live in CT, I …
I live in CT, I recently had emergency major surgery with a 10 month receovery process. I immediately contacted my bank in writing requesting a 4 to 5 month loan deferment & papers were sent to me but it took 5 months to get them, my employer of 3 + years filed bankruptcy while in hospital & fail to pay social security & other benefits & taxes, bank changes their mind on deferment places me in loss midigation, informing me I’m now 3 months in rears facing foreclosure any good attorney in CT ?
July 20th, 2010 at 1:40 am
Remember, we also …
Remember, we also gave the banks billions in aid. You the landlord would not be bailed out if folks stopped paying you. Can’t really compare the two…..
July 20th, 2010 at 1:40 am
Contact an attorney …
Contact an attorney in YOUR STATE regarding foreclosure laws.
Some banks will not help you until you stop making your payment. Get to the loss mitigation department of your mortgage company.
Join the group on Facebook: Homeowners Help Each other with Loan Modifications
There are many links there to find more information.
July 20th, 2010 at 1:40 am
is foreclosure …
is foreclosure action different in other states? im from san diego, california. if you stop paying your mortgage how bad does your credit become?
July 20th, 2010 at 1:40 am
I am a landlord, …
I am a landlord, have been for over 20 years with lots and lots of people paying me rent like they are sleep walking. I have always wondered what would happen if people en mass just took a “rent holiday”? kind of like these “Bank Holidays” they are talking about. I mean really, if enough people did it, there is nothing us landlords could do. But please don’t do that. Just keeping paying and pouring your money down a rat hole so that I can have it.. I mean, haven’t I earned it? (suckers…)
July 20th, 2010 at 1:40 am
Trust a lawyer, you …
Trust a lawyer, you must be joking. What do you call 10,000,000 lawyers at the bottom of the ocean. Not good enough!
July 20th, 2010 at 1:40 am
This attorney …
This attorney doesn’t care about you, he just want to make money of off you. Don’t retain a lawyer, you can do it on your own.
July 20th, 2010 at 1:40 am
I hope you’re being …
I hope you’re being sarcastic, if you stop paying rent your will be on the street.
July 20th, 2010 at 1:40 am
this lawyer will go …
this lawyer will go to jail