DEFICIENCY JUDGMENTS – Is your Court a Collection Agency for Crooks? Class Action Filed in Hawaii
Deficiency judgments are another dark corner, if not the darkest corner in foreclosure. The Dubin Law Offices filed a Class Action Complaint in Hawaii United States District Court today [4/29/13] because of the injustice of deficiency judgments.
It’s not bad enough to lose your home to the banksters that fraudulently inflated your appraisal, filed fraudulent robo-signed fabricated documents in your state recordation offices and in court, rigged your LIBOR interest rate, lied, cheated and stole your home getting away with everything; but then they turn around and sell your home to themselves for half price and then sell it again for less than you owe to someone else. Lord (and DeMarco) only know, why they won’t sell it back to you for the lower price. But they don’t.
As if that wasn’t bad enough, you’ve lost your life’s savings, all the equity you thought you were accumulating for retirement and the kids’ college, you’ve lost your job because the banksters crashed the economy – in essence your whole world has been turned upside down and destroyed – then the bastards file a deficiency judgment against you for the fictitious difference between what they gave the property away for and what your owed. In some cases it has been in the million$! And you’re stuck with a gawd-awful debt over your head for the rest of your life unless you file bankruptcy and ruin what little credit you may have left for another 10 years.
Is it any wonder why 99% of Americans want to take down the TBTF?