Wednesday, April 1, 2009

Make them produce the note!

In case you don't know, if the bank cannot produce the note, then a foreclosure cannot occur. Read about this on Wikipedia:

"Attorneys estimate that the documents belonging to as many as 50% of the mortgages made between 2001-2008 have been lost or destroyed, leading to demands by borrowers that the foreclosing party produce the note as evidence of the debt."

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