Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Saturday, May 19, 2012
Mystery Surrounds Disappearance Of County Real Estate Tax Payments As 77 Fort Lauderdale- Area Property Owners Get Hit With Delinquency Notices
In Fort Lauderdale, Florida, the South Florida Sun Sentinel reports:
Seventy-seven Broward property owners paid their taxes last November but got a piece of mail no taxpayer wants to receive — a delinquent tax notice. They say they were among the victims of a mysterious disappearance of property tax payments mailed by diligent property owners last fall. The checks just vanished.
Broward officials say the tally of missing checks is at 1,075 now — the last 77 of which were discovered after the delinquent tax notices went out. Taxpayers who hadn’t noticed until now that their checks never were deposited by the county face a steeper climb to clear up the problem, and the stakes are higher.
If the taxes aren’t paid by May 22, the delinquent tax bill can carry an interest rate up to 18 percent, or, the notice warns ominously, “your property may be sold at a later date.’’ [...] “There are legitimate people who are just now finding this out, for whatever reason,’’ said Claudio Manicone, operations manager in the county’s tax and deeds department.
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Broward officials determined earlier this year that hundreds of checks mailed in November never made it to their destination.
CBC News: Betrayal of Trust (A CBC investigation reveals how lawyers across Canada have misappropriated and mishandled clients money, to the tune of tens of millions of dollars, or sometimes even charging vulnerable people top dollar for shoddy services)
Land Contract/Contract For Deed/Rent-To-Own Rackets
The New York Times: The Housing Trap (In the wake of the housing crisis, low-income families have turned to seller financing to buy homes but these deals can be a money trap)
Beware The Fine Print: Consumers Forced To Sign Away Their Rights To Use Court System
The NY Times: Arbitration Everywhere, Stacking the Deck of Justice(Part 1 in series examining how clauses buried in tens of millions of contracts have deprived Americans of one of their most fundamental constitutional rights: their day in court)
Foreclosure Mills' Abysmal Record In Complying With New NYS Foreclosure Requirements
Justice Deceived: How Large Foreclosure Firms Subvert State Regulations Protecting Homeowners
MFY Legal Services Report On Questionable Practices By Process Servers In Debt Collection Cases
Justice Disserved: A Preliminary Analysis of the Exceptionally
Low Appearance Rate by Defendants in Lawsuits Filed in the Civil Court of the City of New York
Mortgage Mess Redux: Robo-Signers Return (A Reuters investigation finds that many banks are still employing the controversial foreclosure practices that sparked a major outcry last year)
CNN Video: As Foreclosures Mount, Florida Court Turns To 'Rocket Docket'
The Wall Street Journal: A Florida Court's 'Rocket Docket' Blasts Through Foreclosure Cases (2 Questions, 15 Seconds, 45 Days to Get Out; 'What's to Talk About?' Says a Judge)
"Produce The Note" Strategy When Dealing With Missing Promissory Notes In Foreclosure Actions
ABC Video: Fighting Against Foreclosure (Some homeowners have found a new tactic to keep the banks at bay)
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