Monday, December 31, 2007

Forclosure Law, stopping, fighting

Here is an item about fight foreclosure

RealEstateJournal | Family Goes to the Court House To Stave Off Foreclosure: "'I give him credit. He truly believes a banking institution did him a great wrong,' says Daniel Kalk, one of several lawyers who at various times represented Mr. Davet in the case. 'The funny thing is, some of the things he argued 10 years ago -- all of a sudden you see a federal court saying the same thing.'

A former jewelry-business owner, Mr. Davet and his wife, a former graphic-arts tutor, bought their home in 1978 for $150,000. As its value increased they borrowed against it. They made their mortgage payments, but on one loan, they allegedly made payments late -- 90 times, according to NationsBanc Mortgage Corp., which assessed the couple some $4,000 in late fees."

1 comment:

timothymccandless said...

http://timothymccandless.wordpress.com/california-help-for-homeowners-finally-we-can-buy-the-house-back-from-the-lender-for-todays-value-civil-code-29236/

Have you tried this approach