Re: Blow the Banker Away 2
- Whenever going up against a bank/lender on foreclosure, do not argue
any money issues. That can hurt your chances.
Instead, go after breach of contract. The lender did not provide any
value as consideration when it loaned a check. A check is not money;
it only represents money.
No value in consideration means the lender did not own the promissory
note when it converted the note into an asset for themselves, which
is part of the breach.
The note is sold to raise an asset equivalent to the mortgage, so the
lender cannot produce the ORIGINAL note, which is the ONLY evidence
you will accept to prove the lender is holder in due course, with
lawful standing to collect/bring a suit.
These events were not included in the terms of the agreement, writen
by the lender, hence the breach.
Breach can be proven. Arguing money gives a judge room to dismiss
Do not expect to "Blow the Banker Away," as the title suggests.
Lenders have sharp lawyers, and they will fight any effort to topple
their unlawful credit monopoly.