What Don’t the Banks Want You To Know That Can Stop Foreclosure Cold?

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Banks are going bankrupt all around the country now days. A body and find a story in nearly any newspaper reporting on the banks closing and bankers going to jail on banking fraud. Bank foreclosures that are backed by fraud in the lending process could be stopped or avoided.

Against whom is this fraud committed? The borrower is the victim of this kind of lending fraud.

Banks cannot be trusted. The records speaks for it self. If you are facing a bank foreclosure, you may find these thought worth considering as a place to start to stop the bank from foreclosing.

It is humiliating to get a bank foreclosure notice. It is also scary. This fear is the sickening kind. The kind that can leave you standing there like a deer in a car’s headlights. Massive and decisive action is needed now. Hoping for a miracle will not prevent the impending foreclosure auction. Taking action now is the only miracle the homeowner can hope for to save the home from foreclosure. If the foreclosure is to be stopped, action must be taken to prevent it.

There are many tips and techniques available to help to stop foreclosure. But there is one fact that is of utmost importance to every homeowner.

Whenever there is fraud involved an agreement the contract is voided from the beginning.

For a contract to be changed it takes the agreement of all parties concerned. Did the borrower agree to a change of mortgagee if the contract has been sold? If the borrower did not agree for the contract sale, there may not be any contract. Can there be a reassignment of the contract without the borrowers OK? The contract may not valid if the answer is yes, to these questions.

Can a bank legally collect payments on a sold note, then pass on the payments to the note’s buyer? Is it legal to collect payments on a debt they are no longer owed?

It is legal for credit or debt to loaned by banks legally? Are there any restrictions on loaning debt? Is not credit debt? Credit is used as a term of being able to borrow. But it is also used as term of debt. When a loan is made what is loaned? Debt is loaned. Your credit (debt) limit is… Nothing of intrinsic value has changed hands in this kind of loan process.

Whatever is being called money is simply the adding of a numbers to the other side of the ledger. Even if they hand the borrower a stack of bills with the labels of Federal Reserve Note printed on the top of each one, the borrower has only received a pile of debt. Note equals debt.

Get educated about what is involved the mortgage process and then take massive offensive action so you can keep your home out of being foreclosed on by the bank.

If you idea of fun is watch human cockroaches run for cover, just start asking bankers about your contract. But get some knowledge under your belt first.

Go download the stop bank foreclosure guide now. Stop Bank Foreclosure Now! Get more information on how to stop bank foreclosure here.www.stop-mortgage-foreclosure-process.com
Stop Foreclosure Cold

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