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 30, 2012
NH Property Owners Reach $110K Settlement With State AG Over Allegations Of Unlawful Asbestos Removal In Connection With Demolition Work
In Concord, New Hampshire, Legal Newsline reports:
New Hampshire Attorney General Michael Delaney and Department of Environmental Services Commissioner Thomas Burack have announced a $110,000 settlement with a group of landowners to resolve allegations of unlawful asbestos removal.
M&E Jespersen Realty LLC, Holgate Limited Partnership, Harrington Irrevocable Trust and William Hopkins, Jr., were named as defendants in the settlement, which was announced Thursday. Michael J. Davis, an additional party, is subject to a final default judgment.
M&E Jespersen Realty bought a Dover property from the Holgate Limited Partnership that was run by Hopkins and the Harrington Irrevocable Trust.
Michael J. Davis, doing business as Do It All Davis, is the contractor who did the demolition work on the Dover property and was responsible for the disposal of the asbestos-containing materials.
Delaney's office alleged that the state received no prior notice before the former commercial building was destroyed. Notice is required in New Hampshire regardless of whether or not asbestos is thought to be present as such notice gives the state an opportunity to determine if asbestos or asbestos abatement testing should be done.
The defendants allegedly knew or should have known that the building contained significant quantities of asbestos because they previously obtained an environmental report on the property. The report said that the building contained approximately 10,000 square feet of asbestos, mostly in mastic floor tiles and roofing material.
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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)
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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)
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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)
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ABC Video: Fighting Against Foreclosure (Some homeowners have found a new tactic to keep the banks at bay)
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