Can you even imagine. The whole banking industry crashing to the ground. Is that possible? Back to reality first. In New York State the top judge ruled that foreclosure had to stop until one lawyer brought bonified evidence. I'll let you read the article to determine what bonified evidence meant. In light of this new ruling in the State of New York; not a single lawyer could find appropriate evidence to continue their suits for foreclosure, closing the doors on all foreclosures in New York.
So what does that mean? I'm glad you asked. It means that since New York State has taken that step the other 49 should follow suit. Why? Well, residents in NY can't be offered special dispensation in the law so the rest of the states will have to follow. That means that all foreclosures, sales and evictions will come to a halt and once the dust settles the people who have lost their homes will have a chance to go back and re-open their cases. Then things will really get messy. Back to the imagination. I wonder what it looks like when all of the foreclosures from the last three or four years get overturned.
Then what happens to the people who are paying their mortgages? I think they should stop. Why? Well, if they stop there isn't anything the banking industry can do about it and it will tumble like an avalanche in Colorado. Don't worry, no one will take my advice because they will be too afraid of the result. You could take my advice but first take all of your paper money and convert it to silver.
Once the banking industry is gone so is all of the money. When that happens we will see a new currency in this country but the growing pangs will be beyond your wildest nightmare. Friends, you will not believe the pain and suffering and you won't believe the crime and the starvation. Our country will fall into marshal law and that means a total police state. We are already in a police state but this up and coming grief will be insurmountable for most people.
I know, I'm the bearer of bad news. Guess what? You can do something now to protect yourself....buy silver and or gold. Sell everything valuable and buy silver and gold. Don't worry about replacing it because you will be able to get it really cheap with your silver after the collapse of the economy.
Yes this will undeniably lead to the collapse of our economy. We were headed that way anyway but this takes us onto the autobahn of economy collapses. The banking collapse will accelerate the inevitable therefore the later will be the sooner. The government will urge you to pay your mortgages to keep the banks alive but let's face it we Americans are selfish and we'll just let'em burn in hell for stealing all of our money in the bailouts. Some of the homeowners will take their mortgage money and buy new cars, others will buy boats or land thinking they are getting ahead of the game. They won't be. The truth in the matter is; food will be the ultimate commodity.
It's going to happen, the fire has already started. Now we just have to wait and watch it spread. Good luck and God Bless, it's going to be a messy ride.
http://www.nypost.com/p/news/business/fraud_closure_biz_fizzles_out_C1jme9Dx7jmnaX58BF55DK
Tuesday, February 8, 2011
Monday, February 7, 2011
How I almost lost my home
Since this is a blog, its really about stories, right.
Well, here's mine.
As a good citizen of the credit world, my wife and I made sure that our bills were always paid on time. I started my own business in 1997, it was a sign business I ran out of my basement in Fenton, (St. Louis area) Missouri. I called that business "any Kinda Sign except electric" Now, this isn't about that business but you need to know that I was a reputable human being before I moved to Florida. This business grew and I began doing electric signs so I dropped "except electric" from my name. I grew into a commercial location then in March of 2000 I contracted with SWBYPS (yellow pages) to have the largest ad in the sign section. I was duped. I was told that ad would net me 212 calls a day. Did I believe that? Not really, I hoped to get 10% of them as I was getting about seven a day at the time.
Anyway I stayed in business for a decade but I struggled. SWBYPS sued me and I counter sued, we settled.
So, after that fight I was burned out on being a business owner and I decided to move to Florida so off we were to Central Florida. We landed in a Town called Clermont and I landed a great job selling awnings and electric signs. That was 2007.
After losing that job I found myself in underpaying job after job until the sign market completely dried up. That caused us to stop paying our mortgage and go into foreclosure. At first I had no idea what to do. I had seen some neighbors hand over their keys and walk away but I was determined to stay. I found someone who could help me fight. We put together a defense but in court the plaintiff lied and I lost. My house was due to sell December 28, 2009. I found a service to help me postpone the sale and I was successful. Then the sale came up again in February and I repeated that process and it was detained again. Now Bank of America is slow to process the sales and I am reaping the rewards of that.
So it's been three years without a payment and it looks like we have a pretty good shot at winning the house free and clear, but there are a few things I need to do.
I'll let you know about that later.
Well, here's mine.
As a good citizen of the credit world, my wife and I made sure that our bills were always paid on time. I started my own business in 1997, it was a sign business I ran out of my basement in Fenton, (St. Louis area) Missouri. I called that business "any Kinda Sign except electric" Now, this isn't about that business but you need to know that I was a reputable human being before I moved to Florida. This business grew and I began doing electric signs so I dropped "except electric" from my name. I grew into a commercial location then in March of 2000 I contracted with SWBYPS (yellow pages) to have the largest ad in the sign section. I was duped. I was told that ad would net me 212 calls a day. Did I believe that? Not really, I hoped to get 10% of them as I was getting about seven a day at the time.
Anyway I stayed in business for a decade but I struggled. SWBYPS sued me and I counter sued, we settled.
So, after that fight I was burned out on being a business owner and I decided to move to Florida so off we were to Central Florida. We landed in a Town called Clermont and I landed a great job selling awnings and electric signs. That was 2007.
After losing that job I found myself in underpaying job after job until the sign market completely dried up. That caused us to stop paying our mortgage and go into foreclosure. At first I had no idea what to do. I had seen some neighbors hand over their keys and walk away but I was determined to stay. I found someone who could help me fight. We put together a defense but in court the plaintiff lied and I lost. My house was due to sell December 28, 2009. I found a service to help me postpone the sale and I was successful. Then the sale came up again in February and I repeated that process and it was detained again. Now Bank of America is slow to process the sales and I am reaping the rewards of that.
So it's been three years without a payment and it looks like we have a pretty good shot at winning the house free and clear, but there are a few things I need to do.
I'll let you know about that later.
What do you do when your house is up for sale
Do you know how to stop the sale of your house? In Florida there is a company that is specializing in consulting people who are about to lose their homes. They help them find solutions that work to postpone the almost inevitable.
The company is called Ark Solutions and you can email them directly at ark.real.solutions@gmail.com They have options that can help you. You don't have to go this alone. Once your sale is stopped Ark will assist you with ideas that could help you keep your home, free and clear. No one can guarantee that you'll keep your home but the rack record is pretty clear. 399 out of 400 homes have been retained so far. That number continues to grow everyday.
Don't delay if you are about to see foreclosure or a sale, you could win.
In October Bank of America postponed all foreclosures and sales or evictions because of paperwork mishaps. It was all over the news. It turns out that one single employee of B of A signed as many or more than 8,000 foreclosure documents a month. Imagine the caluses, yikes. Well, it seems this young lady didn't verify that all of the documents were original before signing the legal document called an affidavit. That affidavit suggests that she has read and verified the papers to be true and legally binding. How is that possible.
The good news is that if you have a B of A mortgage and you are being foreclosed or have been foreclosed upon you may have recourse. This is where Ark can help you. Ark can steer you in the right direction to find out if your mortgage papers qualify. There were so many mistakes and frauds committed over the last few years that you can feel confident that Ark can lead you in the right direction.
So this sounded like a commercial for Ark. You could say that.
Contact Ark and I'll tell you why I made this blog. Please share it with your friends.
The company is called Ark Solutions and you can email them directly at ark.real.solutions@gmail.com They have options that can help you. You don't have to go this alone. Once your sale is stopped Ark will assist you with ideas that could help you keep your home, free and clear. No one can guarantee that you'll keep your home but the rack record is pretty clear. 399 out of 400 homes have been retained so far. That number continues to grow everyday.
Don't delay if you are about to see foreclosure or a sale, you could win.
In October Bank of America postponed all foreclosures and sales or evictions because of paperwork mishaps. It was all over the news. It turns out that one single employee of B of A signed as many or more than 8,000 foreclosure documents a month. Imagine the caluses, yikes. Well, it seems this young lady didn't verify that all of the documents were original before signing the legal document called an affidavit. That affidavit suggests that she has read and verified the papers to be true and legally binding. How is that possible.
The good news is that if you have a B of A mortgage and you are being foreclosed or have been foreclosed upon you may have recourse. This is where Ark can help you. Ark can steer you in the right direction to find out if your mortgage papers qualify. There were so many mistakes and frauds committed over the last few years that you can feel confident that Ark can lead you in the right direction.
So this sounded like a commercial for Ark. You could say that.
Contact Ark and I'll tell you why I made this blog. Please share it with your friends.
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