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alstry (35.02)

Is Our Legal System Breaking Down?

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October 19, 2010 – Comments (4)

I warned you not to let insolvent banks foreclose on insolvent citizens.....

CHICAGO - Two of the largest U.S. mortgage servicers have said they will resume home foreclosures, but a big-city sheriff has news for them: he won't enforce their foreclosure evictions.

The sheriff for Cook County, Illinois, which includes the city of Chicago, said on Tuesday he will not enforce foreclosure evictions for Bank of America Corp, JPMorgan Chase and Co. and GMAC Mortgage/Ally Financial until they prove those foreclosures were handled "properly and legally."

Bank of America, the largest U.S. mortgage servicer, and GMAC, on Monday both announced rollbacks from their foreclosure moratoriums.

The announcement by Cook County Sheriff Thomas Dart comes after weeks of damaging accusations of shoddy paperwork that may have caused some people to be illegally evicted from their homes.

"I can't possibly be expected to evict people from their homes when the banks themselves can't say for sure everything was done properly," Dart said in the statement.

IT IS AMAZING THAT IT TOOK THIS LONG FOR THE SHEEP TO WAKE UP.......

And isn't this the investing site that few stood up and said anything?????  Gardner Bros......that includes you......

Now the question is whether we have let things degenerate too far........

France braces for riots as protests turn violentAs Britain braces itself for biggest spending cuts since the war ...

UK Plans to Layoff 1% of National Population

General strike in Spain to protest against austerity measures ...Greek riot police break up Acropolis protest

LET'S JUST EXTEND AND PRETEND THAT EVERYTHING IS GROWING....JUST LIKE BENNY THE B TELLS US AS HE ZOMBULATES AMERICA

Sacred Heart Medical Center and Holy Family Hospital - 46

Update: Los Angeles Unified School District - 1,000

WHO CARES ABOUT HEALTH CARE AND EDUCATION ANYWAY......WE DESTROYED NEW HOME CONSTRUCTION AND NOBODY SEEMED TO NOTICE.....

4 Comments – Post Your Own

#1) On October 19, 2010 at 7:18 PM, alstry (35.02) wrote:

IS THE FED BIPOLAR?

N.Y. Fed leaning on B. of A.

DIDN'T THE FED JUST BAIL OUT BOA?

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#2) On October 19, 2010 at 7:19 PM, alstry (35.02) wrote:

IS THE FED BIPOLAR?

N.Y. Fed leaning on B. of A.

DIDN'T THE FED JUST BAIL OUT BOA?

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#3) On October 19, 2010 at 7:43 PM, alstry (35.02) wrote:

IS THE TIDE TURNING ON WALL STREET?

http://www.washingtonpost.com/wp-dyn/content/article/2010/10/19/AR2010101904845.html?hpid=topnews

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#4) On October 19, 2010 at 8:08 PM, sawchain (< 20) wrote:

No...our legal system isn't breaking down.  Did you not see the story is about CHICAGO?  You cannot break that which you do not have.

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