Booming Foreclosure Opportunity? - Page 2

charlesa6 · #11 02-16-2007, 08:07 PM

Quote:

Originally Posted by fulltitle

Without Prejudice.
Would you like a prison boom to go with that?

Judges blamed for prison boom (BBC)

Criminologists fear private prison boom in Canada

Georgia Prison Boom Could Cost $100M

Yep!!! Good job, fulltitle for compare and contrast the three prisons boom ideology in cost.

David Merrill · #12 03-12-2007, 04:42 PM

http://prisonactivist.org/pipermail/...il/010679.html

Revoke the bond. Without a bond behind the "judge" the jailer gets no mittimus. - The jailer doesn't get paid.

rottweiler · #13 03-12-2007, 07:23 PM

You should of gotten a state VA loan. The interest rate for combat veterans is like 4% fixed in WI plus no money down and they can not foreclose until you are 12 months behind. I used to know all the angles when becoming a real estate mogul was my aspiration. Now my dream is to help destroy the NWO.

Quote:

Originally Posted by RICKO

I might not have been on my brother's venture but he did not choose the variable rate option. He locked in at little more then 6.00% I came in just in time.

masterduke · #14 03-12-2007, 10:24 PM

At Raw Story.com there is an article that states they expect the forclosure rate to top 1.5 Million homes this year. All of the sub-prime lenders are in trouble or going to be and many are changing their loan requirements due to a flood of defaults and mortage fraud tricks(whatever that means?) This is the begining of a long downturn I suspect(bummer)? Of course the feds blame the lenders for relaxing the rules too much and allowing "unqualified" buyers to move into homes they would have never been able to before. So now everything is gonna get real tight they claim! Of course this was the very engine that had the markets moving for the last 5 years. They say it may lead to a recession like in 1991(hope not)?

charlesa6 · #15 03-13-2007, 07:53 AM

What kind of rules. Maybe they should look into predatory lender ripping consumers off failing to give full disclosure rather than lecturing the lender about rules.

or

Get the predatory lenders off the market.

David Merrill · #16 03-15-2007, 08:23 AM

On the way in, they wanted me to register. I wrote David Merrill for First Name and none for Last Name.

The lady told me she wanted me to give her an address at least. I told her I have no more information. She revised it to they wanted her to get more information. We proceeded on in.

Funny how at the end of the day as the final speaker was closing his pitch, when we got up to leave, he had something to specifically tell me. He saw me leaving early and must have been hoping I would stay after he finished to tell me. So I gather the lady had been pointing me out to people as the guy who would not give his address.

This last lecturer was delightful - a comedian as much as anything. But I can just imagine him coming back to this lady asking the name of the guy Paul Lynn specifically - to tell me who was sending the cards to a marketing company.

Information is power. And in the common law, power to indict. So you Readers may see the connection into the commercial collections courts - if even through a marketing company. Enjoy the audio file attached:

Regards,

David Merrill.

psholtz · #17 03-15-2007, 11:27 AM

Quote:

Originally Posted by charlesa6

Thanks for the info. They have one in rosemont center in Illinois last month. #5 is the one that worries me a little bit that 100% protect your asset from lawsuit including bankruptcy. Bankruptcy I don't see how you can get around that unless you want your petition to be dismissed or prosecuted for fraud failing to disclose all the assets.

Regarding protecting your assets from bankruptcy, you could put your assets in a trust, or some other corporate construct not in your name, couldn't you?

psholtz · #18 03-15-2007, 11:31 AM

Quote:

Originally Posted by masterduke

At Raw Story.com there is an article that states they expect the forclosure rate to top 1.5 Million homes this year. All of the sub-prime lenders are in trouble or going to be and many are changing their loan requirements due to a flood of defaults and mortage fraud tricks(whatever that means?) This is the begining of a long downturn I suspect(bummer)? Of course the feds blame the lenders for relaxing the rules too much and allowing "unqualified" buyers to move into homes they would have never been able to before. So now everything is gonna get real tight they claim! Of course this was the very engine that had the markets moving for the last 5 years. They say it may lead to a recession like in 1991(hope not)?

Regarding being in a "downturn", it's my suspicion that we've been in an economic downturn since the U.S. stock marktes peaked in March 2000.. That the economy hasn't completely fallen apart, or that the stock market has managed to inch still higher, etc, is a testament more to the Fed's magical power of injecting liquidity into the economy than it is to the underlying health of our nation.

David Merrill · #19 03-15-2007, 11:46 AM

Quote:

Originally Posted by psholtz

Regarding protecting your assets from bankruptcy, you could put your assets in a trust, or some other corporate construct not in your name, couldn't you?

The last lecturer pulled some interesting trust tricks out of his sleeve. One in order to prevent a lady from going under...

It is fun to try and follow this guy! (attached audio file)

Regards,

David Merrill.

charlesa6 · #20 03-15-2007, 07:45 PM

Quote:

Originally Posted by psholtz

Regarding protecting your assets from bankruptcy, you could put your assets in a trust, or some other corporate construct not in your name, couldn't you?

Yea, you can do that if you have clear title to those assets before the bankruptcy. Bankruptcy will dig out all your past references through the credit reports etc.

b10.pdf