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Search: Posts Made By: bajaholic
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03-04-2011, 03:40 PM
Replies: 80
Views: 10,849
Posted By bajaholic

This makes more sence, and to be clear,depending...

This makes more sence, and to be clear,depending on the type of bankruptcy Chapter 7, 11 or 13) the trustee may still have a "Hold" on the assets. The bank's generally wait untill the bankruptcy is...
03-03-2011, 07:07 PM
Replies: 80
Views: 10,849
Posted By bajaholic

I am in the repo business and have been for...

I am in the repo business and have been for 25+years, most of what you said is correct (if done properly and legitimately)EXCEPT for the repo fee, NOT EVEN CLOSE, more like $300 flat fee. Especially...
03-01-2011, 07:47 PM
Replies: 80
Views: 10,849
Posted By bajaholic

Wouldn't that be called fraud? I belive this...

Wouldn't that be called fraud?

I belive this would also fall under Federal statues for prosecuting. My guess: if that is actually going on? The Feds are already investigating it and are giving...
03-01-2011, 04:58 PM
Replies: 80
Views: 10,849
Posted By bajaholic

NOT LEGALLY! Beware of what you are promising. ...

NOT LEGALLY! Beware of what you are promising.

If you have statues that allow you to sell property with a lien on it with out clearing the lien tby the lender, I sure would like to read it. ...
03-01-2011, 04:14 PM
Replies: 80
Views: 10,849
Posted By bajaholic

Let me state, this doesnt really make sence from...

Let me state, this doesnt really make sence from a lender/repo standpoint. My guess is the note is in limbo because the guy hasn't had real communication with the lender or the note has been sold...
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