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Old 04-26-2008, 12:40 PM
Lawdog Lawdog is offline
Mental Jujitsu
 
Join Date: Dec 2007
Posts: 500
forget it

Quote:
Originally Posted by Guesswhotoo6
Refer to the Federal court decision of 1968, Mn "the Credit River Decision" The nature of the banking transaction may well be a fraud in your case based on the UCC definition of equitable exchange between you and the bank. They got your house and your personal equity in exchange for what? Debt notes put forth as a substitute for "money". They printed the IOU notes out of thin air, and thus have nothing equitable in the loan transaction. The courts state this quite clearly. Best of luck.

The Credit River nonsense (it doesn't merit being called a "decision"), was not only overturned by the Minnesota Supreme Court, they called it an absolute nullity since its inception, because a justice of the peace had no authority to grant that kind of relief. The JP in the case purported to grant equitable relief, and the Minnesota Supreme Court said that it had been illegal for JP courts to do that in Minnesota since 1861.

Don't bother citing it to a court. Just last year someone tried it in a federal district court in California against a bank. The judge told her it was of no precedential value whatsoever and warned her not to beat that dead horse any further.

See other threads for more details.
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We reject Skurdal's argument that he is a "free man" exempt from the laws because he has "no contracts" with either the state or federal governments...No persons in Montana may exempt themselves from any law simply by declaring they do not consent to it applying to them...Accepting Skurdal's assertion of exempt status is an invitation to anarchy. We decline that invitation. - State v. Skurdal, Supreme Court of Montana, 235 Mont. 291, 767 P.2d 304 at 308 (1988).
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