The other wild card in the deck has to do with a “fraud” the banking industry is perpetrating on the public. It’s legal, but it’s reprehensible. And it may give you an opportunity you need. They will have dealt with thousands of cases like yours, and will know exactly what it takes to bail someone … Continue reading The Fastest Way To Get Out Of Jail
As sweet a deal as that sounds, and however poetic the justice, I don’t suggest that you do it just for fun. It would be very risky. But would I pack up and leave just because I couldn’t pay the mortgage without even making them prove they could kick me out? If you cooperate with … Continue reading How Bail Bonds Work
Remember that a recourse loan means that the bank reserves the right to sue you for any payments not covered by sale at foreclosure. Again we can discard any moral questions. This was a deal made between a large bank and you, so any coercion certainly came from the bank. Although as a practical matter, … Continue reading You Could Just Walk Away…Or Not!
Consider a physical assault. The law is designed to prevent that, first by applying criminal penalties, and second by allowing punitive damages. Punitive damages is an amount of money a jury is entitled to award to a plaintiff against a defendant and is supposed to discourage the person who committed the assault from ever doing … Continue reading Federal Bail Bonds For Dummies