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.
Friday, February 05, 2016
Lawsuit: Rich Hubby Who Secretly Divorced His Wife Months After Marrying Her Over 20 Years Ago Now Seeks To Sell Their $1+ Million Midtown Condo Out From Under Her
In New York City, the New York Post reports:
They were married for 20 years, raising a son and living the good life jetting between homes in New York and France.
It was all perfect, except for one thing: He had secretly divorced her just months after their wedding, in an apparent attempt to shield his assets.
Now Cristina Carta Villa, 59, is suing her 90-year-old “husband,” Gabriel Villa, to nullify the divorce she never knew about — and keep him from selling an apartment they shared.
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Even though the couple didn’t live in the Dominican Republic, Gabriel launched the legal dissolution there. He hired lawyers to represent each spouse and cited “incompatibility of temperaments” as the reason for the split, Cristina claims in a Manhattan Supreme Court lawsuit.
Cristina found out about it only in November when a tax bill arrived for their Manhattan home and her name wasn’t on it. She hired a lawyer to investigate, only to learn that Gabriel had tried to remove her name from the deed, using the Dominican Republic proceeding as proof she was not an owner, she charges. [...] She believes her husband wants to sell the apartment to his adult daughter, Marina Villa, who lives in Rome. One-bedroom condos in the Midtown building sell for roughly $1.4 million, records show.
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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