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, April 29, 2017
Health Care Operator Announces Plans To Close Nursing Home, Leaves Over Three Dozen Elderly Patients Scrambling For New Places To Live, 70 Employees Out Of Work, Local Business Leader Looking For New Owner To Keep Facility Open
In Crandon, Wisconsin, WXPR Radio 91.7 FM reports:
Residents at the Crandon Nursing Home, family members and social workers are scrambling to find new places for elderly patients to live.
Mark Ferris, Executive Director of the Forest County Economic Development Partnership says it's a crisis for the community.
AGI Healthcare, owners of the nursing home, notified city and county officials [] that the facility will be closed. 38 residents live there, and the home employs 70 people. Ferris described the home as a "vital" employer in the community. The exact date for the closing hasn't been confirmed.
"We are now dealing in a crisis, emergency situation that leaves very little wiggle room to keep the nursing home open," Ferris said in a statement. "We understand there can be business issues, but we believe this decision was in place long before we were notified."
Efforts to find a new owner have started, including contacting community members, in efforts to keep the nursing home open.
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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