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, February 02, 2013
County Seeks To Snatch Cleveland Resident's Mortgage-Free Home For Missing Payment Deadline On Back-Tax Installment Remittance By One Day
In Cleveland, Ohio, Newschannel 5 reports:
Ronald Hasinski owns his Cleveland home free and clear, but confusion over a delinquent property tax bill has sent his home into foreclosure, and to a Feb. 11 sheriff's sale.
Hasinski told NewsChannel5 he arranged a payment plan with the Cuyahoga County Treasure's Office to make up for the $5,800 he owes in back property taxes. But Hasinski said everything went wrong when he was just one day late on one of the $152 payments. A notice from the treasure's office said he would be losing his home. The notice sent to Hasinski included a bill, but did not include how much he was to pay to get current with his payments.
"I'm just devastated. I'd cry but the tears haven't sunk in yet," said Hasinski. "I've put a lot of money into this house and now I'm told it's being sold to the highest bidder."
Hansinki claims he contacted the treasure's office several times, but said he couldn't get any answers about the confusing tax bill, or how he could save his home. Hansinski called on the NewsChannel5 Troubleshooter Unit and Cleveland Councilwoman Dona Brady.
Brady contacted the treasure's office about Hansinki's case, promising it would conduct a full investigation within the next 24 hours. "Why would he receive a bill that says don't pay anything and you're going into foreclosure? It doesn't make any sense," said Brady. "We do not want another foreclosed home but, more importantly, we don't want Mr. Hasinski out on the streets."
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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