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, June 09, 2012
Dozens Of Bronx Tenants Get Temporary Boot On 2 Days Notice, Then Get Stiffed On 'Alternate-Digs' Hotel Cash After Fire Escape Removal Rehab Screw-Up
In The Bronx, New York, the New York Post reports:
They’re getting screwed again. Displaced Bronx residents whose fire escapes were mistakenly removed by construction workers say they’re receiving a paltry sum for alternate accommodations. “The money that they’re giving is for hotels for people living in the streets,” said Yadia Molina, 32, of the $120 per night she is being offered by the University Heights building’s owner, Goldfarb Properties.
“I am paying a lot of rent here because I wanted my daughter to be in a safe place,” said Iliana Pena, 31, who has three daughters, one with severe asthma. “Now all of a sudden I have to pack and go to a motel where it smells like smoke and dust. It’s frustrating.”
The project’s engineer, Roland Draper, didn’t file the proper paperwork with the Department of Buildings, a DOB spokesman said. DOB is investigating Draper’s incorrect application, as well as the other 48 active projects where he’s involved. Draper did not return a call for comment. His state license was suspended for one month in 2005 after he was convicted of restraint of trade, records show.
On Monday, the nearly 200 residents of 2400 Webb Ave. were given 48 hours to find temporary digs after Colgate Restoration Corp. of Brooklyn, doing facade repairs, foolishly removed all fire escapes.
Some of the hotels available for $120 like the Concourse Hotel at $65 a bed a night are home to bedbugs, rats and malfunctioning toilets, according to online reviews.
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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