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.
Monday, August 17, 2015
Mom Sues Son For Psychologically Strong-Arming Her Into Signing Over POA While She Was Incapacitated & Recuperating From Multiple Brain Surgeries, Then Buying $350K House; Suit Seeks Title To Home, Other Damages
In Galveston, Texas, The Southeast Texas Record reports:
A Pflugerville woman is suing her son, alleging he coerced her into giving him power of attorney while see suffered from a medical condition.
Vicki Boening filed a lawsuit June 9 in the Galveston County District Court against Christopher Finch, alleging breach of fiduciary duty, fraud, fraud by nondisclosure and conversion.
According to the suit, in June 2010 Boening was diagnosed with hydrocephalus, and from 2010 through 2012, the plaintiff underwent extensive brain surgeries to treat hydrocephalus. While recovering from the medical treatment and incapacitated, the suit says, Finch forced Boening to sign a power of attorney, giving the defendant the authority to make decisions relating to his mother's medical and financial condition.
According to the lawsuit, Finch coerced Boeing to purchase property at 6825 Highland Road, Santa Fe, Texas, for $350,000 and $100,000 in repairs and renovations. The suit also alleges the defendant exercised dominance and control over Boeing.
Boeing seeks title to the Highland Road property and damages, including attorney fees and legal costs. She is represented by attorney Laura Roth of Pflugerville.
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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