mortgage encyclopedia

Posted by Amanda

Is mortgage elimination a scam or legitimate
There are mortgage elimination companies that claim that because the . The first one is done through the courts (statutory) you will need an attorney for this. . sure you do your homework and actual understand either process before you try it. . is none ) or that their "legal department" will handle your case or has offered its .

Chapter 13 protections can vary by court
Feb 1, 2011 . My second mortgage (a home equity loan) is around $90000 and puts me . I try not to answer questions unless I can give a pretty definitive answer. . second mortgage eliminated -- wiped out -- after you complete your case.

Mortgage Elimination Scams |
Mortgage elimination scams are nothing new, but they have reared their ugly heads . This desperation by farmers made them susceptible to con men who tried to . may cite a case where a judge declared a mortgage illegal, but courts do not .

Benefits of Losing the mortgage elimination cases tried in court

Second Mortgage and Bankruptcy. Eliminate second mortgage in ...
You can remove a second mortgage in Chapter 13 Bankruptcy. . that will allow you to obtain a court order approving the removal of your second mortgage. . mortgage will be treated as unsecurd debt in your Chapter 13 bankruptcy case.

  • Living Free and Clear
    What if you could access SEVERAL powerful ways to Reduce or Eliminate Debt . than mortgage face value, in some cases eliminate the mortgage without prejudice. . The courts must be called to our aid, debts must be collected, bonds and .

    Mortgage Elimination | The 7th Fire
    Qualified professionals may have mortgage solutions for you that can set you free from mortgage problems forever through ethical and legal mortgage elimination . which are expected to be filed in the coming days in federal court, are aimed at . without reviewing case files as required by law, the Wall Street Journal said.

Woman Gets 12 Years for Mortgage Elimination Scheme ...
Jun 20, 2011 . Editor Erin Gibson: Heard some news you want us to check out? . Woman Gets 12 Years for Mortgage Elimination Scheme . Court documents, from 2004 through 2008, obtained by the USAO revealed Sadr marketed a .

Meeting the Requirements

As far as your lender is concerned, here are the typical requirements you usually must meet to eliminate your escrow account:

  • Your mortgage is at least one year old, and you have made on-time payments consistently for the entire year
  • LTV (loan-to-value ratio) has to be under 75%
  • Loan has to be a conventional loan (VA and FHA loans typically cannot shed their escrow accounts; it is part of the condition of a government-backed loan)
  • No taxes or insurance payments can be due in the next 30 days

TILA Rescission Case results in Mortgage eliminated – forensic loan ...
Sep 29, 2010 . TILA Rescission Case results in Mortgage eliminated – forensic loan . those secret lenders which the loan servicers are trying to protect, like the . the claims with prejudice in Federal court (like he did with our TILA claims)?

Making the Payments Each Year

A Phoenix minister and mortgage broker convicted in ... - AZCentral
Aug 27, 2010 . According to court documents, Carpenter contacted homeowners and falsely said he ran a "mortgage elimination" business that could legally . carefully and not possibly lose the home that they are trying so hard to save." .

New Homes For Sale Mesa Gilbert Real Estate Chandler Property ...
This method is tried and true, and works very well. You can . The Law. The mortgage elimination promoters cite various court cases in support of their position.

Predatory lending articles list and case law about mortgage fraud ...
For two years, the Harris's have been trying to get Wells Fargo to modify their mortgage to something they can afford. . A landmark ruling in a recent Kansas Supreme Court case may have given . We are not a mortgage elimination company.

The Sovereigns: Leaders of the Movement | Southern Poverty Law ...
On March 3, 2009, Davis and his common-law court partner "Rabbi" Shawn Rice . elimination practice into the largest mortgage-elimination firm in the country, . in a fourth case, the judge found the defendant mentally unfit to stand trial as a .


Comments to How to Break Free from Your mortgage elimination cases tried in court

  1. Assistance recipients
    The purchase was financed by an 80/20 first and second mortgage, with very high . and to not oppose the bankruptcy court's elimination of the second mortgage. . tried to recover her costs by representing herself, but she filed her case in the .

    Can I Eliminate A Second Mortgage in a Chapter 13?
    You need to get an appraisal on your property before you file the case. . When trying to determine the value of your house, a good place to start is your . them testify for you in court if the second mortgage company decides to challenge your .


  2. Great idea – why give the mortgage company an interest-free loan?

    Eliminate Your Mortgage
    The complaint asks the court to hold the defendants in contempt for violating the . Many homeowners who tried to obtain a modification from Bank of America . This case is being handled by Consumer Advocacy Division Chief Susan P.

    Old Town Manassas post office building sold at auction | InsideNova
    Apr 18, 2012 . Between 2004 and 2008, Sadr operated a “mortgage elimination program” and convinced . people that she could eliminate their mortgages, a claim that was not true, according to court documents. . Try our quick search: .

    Virginia Woman Pleads Guilty to Mortgage Rescue Scheme ...
    Jan 10, 2011 . In addition to participation in the Mortgage Elimination Program, Sadr offered . Related court documents and information may be found on the .

    See How We've Helped Others
    I filed an adversary proceeding against the creditor and the court agreed that there can be . In a chapter 13 case, our clients were making their mortgage payments . The case was ultimately tried before the bankruptcy judge who ruled that a . the client retained over $6000; had his second mortgage eliminated and got to .

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  3. Patriot Mythology
    Sep 11, 2001 . Further, every court case that has ever gone before the United States . If you were truly the creditor then they would not be trying to collect funds . Mortgage elimination programs, for the most part, are ways to attempt to .

    Debt Free Sovereign Trust -- "Owe no one anything"
    The best debt elimination program. . In this case, the second promissory note that is linked to the mortgage contract and signed by the buyer is a .

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  4. Living Free and Clear » Zero Debt Program
    With this system YOU can improve your own mortgage situation, eliminate . -We do not suggest bankruptcy except as a strategy in extreme cases of . Yet you can live life freely and not under the threat of what old creditors may try to pull. . It has worked in other situations It just takes finding it to prove it in court" Cindy L.


  5. 3 ways to lose a HELOC, keep the house
    Oct 13, 2009 . The first answer is "no" you cannot eliminate a home equity line of credit, . second mortgage, eliminated -- wiped out -- after you complete your case. . will make payments to your first mortgage lender as well as to the court, .

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  6. The Exemption Process and Debt Elimination
    Mar 2, 2012 . You can discharge Credit Card Debt, Student Loans, Mortgages, . Lecture on Beneficiary & Trustee Status in Court Case (.mp3 Audio File) . But when we, the real flesh and blood man and woman, infer that they are trying to .

    Jon Christian Ryter's Conservative World
    The debt elimination movement was birthed from the tax protest movement which . a third charge of tax evasion in the US District Court of Northern Illinois in 1991. . tax attorneys—and their paralegals who analyze mortgages and whatnots for . on mistaken beliefs, such as is the case with a Patriot myth now remaking the .

    Thanks for the question!

    Mortgage Education Procedure Terminates Home Mortgage - Keep ...
    Keep Your Home gets your home Free and Clear of your mortgage lien in any State . debt, cancellation of mortgage debt, and mortgage deduction elimination for . which was the lender's own fault for trying to perpetrate the fraud, and trying to . Home Owners are winning court cases all over the country with our method.

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  7. Real Estate Blog » Hard Money Financing
    Apr 21, 2009 . “I heard that FHA loans are terrible from the Seller's Perspective . . The mortgage elimination promoters cite various court cases in support of .

    Quatloos! • View topic - Dorean aftermath
    Heard in the Court of Appeals 17 . This matter arises out of a fraudulent mortgage elimination scheme participated in by . of North Carolina to the facts in this case and correctly determined that the Household Deed of. Trust .


  8. Mortgage Elimination Schemes
    Oct 5, 2010 . “In today's housing market, mortgage elimination schemes become very enticing, ” . Related court documents and information may be found on the . First, £1bn only relates to the known cases of mortgage fraud heard by the .

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  9. Blog - Hamilton Law
    Jan 16, 2012 . In their Chapter 13 case, the debtors sought to eliminate an . than the amount of the debtors' first mortgage, the junior lien was an unsecured claim . of the traditional actions at common law tried by the courts at Westminster .


  10. Excellent post!

    How Bankruptcy Can Help With Foreclosure |
    In many cases, filing Chapter 7 bankruptcy can delay the foreclosure by a . But if you've already tried and failed with these measures, now is a good . Chapter 13 may also help you eliminate the payments on your second or third mortgage. . That allows the Chapter 13 court to "strip off" the second and third mortgages and .

    Eliminating a Second Mortgage under Chapter 13 Bankruptcy | First ...
    Jan 22, 2010 . Some have tried to negotiate with banks to modify their mortgages. . In some cases, a lender may be willing to negotiate with a debtor in Chapter 7 to modify . unsecured), then the court has a basis to eliminate the mortgage.


  11. HiddenMysteries Information Central
    Having a Land Patent automatically voids mortgages and/or property taxes 9. . The government is trying to eliminate gun ownership . Further, every court case that has ever gone before the United States Supreme Court attempting to compel .

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  12. Law Office of Dawn Papaeliou, P.C. Female Las ...
    Benefits may include modification of your mortgage; reinstatement of the mortgage . the court allowing it to proceed with foreclosure after a bankruptcy case is filed. . If you have equity in your home, you can try to sell the home to repay the . in chapter 7 cases for the stripping off or elimination of "unsecured" mortgages.


  13. what about new jersey jurisdiction for escrow account , I realy need to eliminate this account, specially with this high real estate taxes in new jersey which consider as double your mortgage payments

    Ashraf Soliman

  14. Divorce and Refinance considerations
    Find out if you should refinance the mortgage, how to get your share of the equity if your . Can I take him back to court if he failed to refinance? . We have a large amount of debt that could be eliminated by refinancing our house. . I tried to refinance 9 years ago, but he and his wife said no, "because they weren't going to .

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  15. Credit Repair and Debt Eliminati
    Mortgage Elimination is an administrative process, which disputes the debt through . The administrative process is based on U.S. Supreme Court decisions, . If a private lender tried this, it'd be counterfeiting and he'd end up in the slammer.


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