Also, as we discussed at the February 23rd MCLE, commencing an
objection to claim or beginning an adversary proceeding can cause the
cut off of the Holder in Due Course Status of subsequent assignees,
so, yes, it is important to proceed against the current claimant/servicer.
Lou Esbin
>
> I believe I've heard O. Max Gardner say that on many occasions...
>
> ______________________
> Mark J. Markus
> Law Office of Mark J. Markus
> 11684 Ventura Blvd. PMB #403
> Studio City, CA 91604-2652
> (818)509-1173 (818)509-1460 (fax)
> web:
http://www.bklaw.com/
> This Firm is a Qualified Federal Debt Relief Agency
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> ----- Original Message -----
> To:
> Sent: Sunday, March 02, 2008 5:04 PM
> Subject: RE: [cdcbaa] WSJ article and Complaint
>
>
> > Good question Jim, however, these cases never die. If the original
> > servicer goes bust the servicing rights get bought by someone else
and
> > along with the servicing rights they buy the problems. Plus, when
the
> > servicing rights transfer there is a very high likelihood that
something
> > went wrong in the transfer of funds and data. From a litigation
> > standpoint, Chapter 13 cases are the cases that keep on giving.
> >
> > M. Erik Clark
> > Borowitz, Lozano & Clark, LLP
> > 100 N. Barranca Avenue, Suite 250
> > West Covina, CA 91791
> >
www.BLClaw.com
> > Office: (626) 332-8600
> > Fax: (626) 332-8644
> > Board Certified in Consumer Bankruptcy
> > American Board of Certification
> >
> > ________________________________
> >
> > Sent: Fri 2/29/2008 3:21 PM
> > To:
cdcbaa@yahoogroups.com
> > Subject: RE: [cdcbaa] WSJ article and Complaint
> >
> >
> >
> >
> >
> >
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
>
The post was migrated from Yahoo.