Chickens Secondary Header
prettylink
728x90 header

Posts Tagged ‘Reason’

Are Procedural Issues the Reason Behind Foreclosure Suspensions at GMAC and JP Morgan?

In the face of faltering loan modification numbers and a new monthly record set in August for Americans losing their homes to foreclosure, two of the largest lenders in the country in the country have suspended foreclosure proceedings due to questions about the validity of the associated foreclosure documents. JP Morgan Chase has suspended foreclosure proceedings on 50,000 foreclosures, due to documentation errors while GMAC Mortgage has suspended foreclosure activity in 23 states citing “procedural issues”.

The 23 states where GMAC (now owned by Ally Financial) voluntarily suspended foreclosures require a court order for foreclosure. Colorado has asked to be added to GMAC’s list while Jerry Brown, Attorney General for California and Democratic candidate for Governor, ordered GMAC to cease foreclosure proceedings in the state until a legal review of their procedures can be completed.

At issue in both situations are allegations that employees signed off on foreclosure-related documents without assessing the files. According to the Washington Post, one of GMAC’s employees hadn’t read the roughly 10,000 foreclosure documents he approved each month. That “productivity” works out to about one signed and approved foreclosure for each working minute of the day.

While both lenders have admitted that there have been some “procedural” errors, the possibility looms that there is a much more sinister reason for the rapid-fire signing of foreclosure documents; the Net Present Value (NPV) test. The NPV test is a series of calculations which lenders use on each troubled property to assess their highest return resulting from actions including foreclosure, loan modification, or short sale. The formula for these calculations has never been released to the general public but plays a dominant role in the determination of whether homeowners keep their homes, hire the services of a bankruptcy attorney, or are forced to leave due to foreclosure. In the case of GMAC and JP Morgan, it’s not a big stretch to presume the possibility that the applications being processed at one per minute did not require review because the NPV had already determined that foreclosure would provide their best outcome.

The biggest problem for homeowners trying to get approval for a loan modification is that they typically have no idea what the intentions of the lenders are. That situation is now changing due to the arrival of a product carrying the same information for homeowners as the NPV test provides to lenders. Known as the REST Report, the software generated assessment provides NPV information, a clear determination of HAMP eligibility, and loan modification options which can be determined prior to submission of the loan modification application.

While it may be too late for the unfortunate people who have unjustly lost their homes to foreclosure, the running a REST Report can give you the information you need to get a loan modification and avoid foreclosure. Even if you have been turned down for a loan modification or are working with a bankruptcy attorney, running a REST Report can strengthen your negotiating position with your lender.

Our CA bankruptcy attorneys and legal staff can negotiate with your creditors and mortgage lenders to stop harassing phone calls and help get your life back on track. If you need information on Loan Modifications, understanding Bankruptcy Lawyers, or would like to know more about the new Government HAMP Program for Principal Reductions and mortgage payment forgiveness.

Article Source:
http://EzineArticles.com/?expert=Daniela_Perez

Question by Go: How would one remove a unjust In School Suspension from their record, FL?
I recently received a In School Suspension (ISS) for entering my school without tucking in my tee-shirt. I would like to know if there is anything I can do to remove the ISS from my record. My school did not supply students with a rule book, nor do they have the rules available in ink when ask. I also never received any paper work to sign that would bind me to any rules. With all the rules in my school being implied, would there also be any legal infractions my school is committing by this.
By the way, the Principal gave the the suspension, so I would like it if no-one says speak to your principle..
I would also like to add in that I do run allot of events that bring in revenue for the school, and I take care of quite a few responsibilities that should never be given to a student.

Best answer:

Answer by Betsy
You (if you are 18) or your parents (if you are not) can appeal the suspension to the Superintendent of Schools and, if necessary, to the School Board if it is a public school. Public school suspensions may be appealed to the state department of education. If it is a private school, your parents can appeal to the board that runs that school.

Give your answer to this question below!
Hummel: Records in one-run games can be deceiving
NEWS ITEM: Suspended San Francisco outfielder Melky Cabrera waived his opportunity to be the National League batting champion, even though he probably still would have won the crown at .346 if one plate appearance, to give him the required 502, had …
Read more on STLtoday.com

Rega’s website: www.rega.co.uk Listen to a 7″ inch single that was thoroughly battered before I cleaned it with a Disco Antistat! Click the URL below for stereo!!!! uk.youtube.com

Expunging Your Florida Record – Can Your Expungement Request Be Denied Without A Hearing Or Reason?

Once you receive your Certificate of Eligibility from the Florida Department of Law Enforcement and file the appropriate paperwork with the court, you are legally entitled to have your expungement request heard by a Florida judge. Most Florida counties no longer require in-person hearings for expungement petitions and will approve an expungement request based solely upon the arguments your attorney asserts in the petition. However, if there is a question as to whether the court will grant a request, the judge should set your case for a hearing. If a judge fails to set a formal hearing to consider the request and summarily denies your petition, you should considering appealing.

Consider one “famous” Florida expungement case, in which a defendant pled guilty to petit theft and adjudication was withheld on the charges. When the defendant later filed a petition to seal the record, the judge hearing the case entered an ordered denying the petition without setting a hearing. The Defendant appealed and the lower-court decision was reversed. According to Florida’s Fourth District Court of Appeal, the judge should have granted the Defendant’s petition to seal since the defendant had complied with all the necessary requirements to seal, and that the record should be sealed unless there was a good reason to deny it. The case was sent back to the lower court to have a hearing to determine if there was good reason to deny the petition.

What does this case mean to you? First, be sure that you comply with all necessary requirements before you file a petition to seal or expunge with the court. Second, you are entitled to a hearing. If your petition is summarily denied without one, you likely have good grounds to appeal.

It is true, though, that “any request for expunction of a criminal history record may be denied at the sole discretion of the court.” Nevertheless, Florida courts have consistently held that the words “sole discretion” do not permit judges to arbitrarily deny requests for expunctions.

For example, in another expungement case, a defendant’s request to seal his record was denied because “he had already received a break from the criminal justice system… by receiving an adjudication withheld.” The case was reversed on appeal. A court must consider all the facts and circumstances of a petition, and provide “sound” reasons why a petition is being denied.

So if you petition to expunge or seal your criminal record, and the judge does not state any reason why your request is denied at a hearing, or doesn’t give a reason at all, chances are you have good grounds to appeal.

If you want to learn the common reasons why expungement or record sealing requests are denied, or more about how to expunge a criminal record in Florida, visit http://ExpungeRecordFlorida.com/ for articles, resources, and a free eligibility evaluation.

By: Karen Kilpatrick, Esq.

Article Source:
http://EzineArticles.com/?expert=Karen_Kilpatrick

Question by wgrill@sbcglobal.net: How can I start the Texas expungement process pro se?
I would like to represent myself but have no idea how to get started. Will it cost money to file the lawsuit?

Best answer:

Answer by trooper3316
Yes, there will be filing fees to process your request. If you go to the court where your conviction was entered, they will be able to tell you if you are eligible, and what you need to do.

What do you think? Answer below!
Michigan Legal Help Website Online Now For Michigan Residents
Currently, there are sections regarding family law matters, protection from abuse, housing issues, consumer law problems, and expungement. Family law matters include divorce, custody, and child support. Consumer legal issues covered are suits regarding …
Read more on Sentinel-Standard

Erasing Your Criminal Background Legally: New Jersey Edition – The Ultimate Guide to Second Chances

Erasing Your Criminal Background Legally: New Jersey Edition - The Ultimate Guide to Second Chances

Today is THE day!

How long have the ghosts of your past been haunting you? Why should you pay for the rest of your life for minor indiscretions or momentary lapses in judgment?

The fact is you may not have to! Bet you dollars to donuts that the only difference between you and people without a criminal record is the simple fact that you were…

Unlucky Enough To Have Been Caught

Anyone with a half a brain realizes that we have all made mistakes whic

Price: [wpramaprice asin=”B007CPFFWE”]

[wpramareviews asin=”B007CPFFWE”]

Traffic Law: “Can a DUI/OVI be expunged?”These videos are designed to educate viewers on Ohio Traffic Law. These videos are not to be construed as legal advice. Please seek the advice of a local attorney regarding your specific situation. TIBBS LAW OFFICE, LLC 10921 Reed Hartman Hwy #213 Cincinnati, OH 45242 Phone: (513)-793-7544 Fax: (513)-297-7544 Cell: (513)-309-4546 Email: Daryle@TibbsLawOffice.com Blog: PersonalLegalSolutions.blogspot.com
Video Rating: 0 / 5

Are Procedural Issues The Reason Behind Foreclosure Suspensions At Gmac And Jp Morgan?

In the face of faltering loan modification numbers and a new monthly record set in August for Americans losing their homes to foreclosure, two of the largest lenders in the country in the country have suspended foreclosure proceedings due to questions about the validity of the associated foreclosure documents. JPMorgan Chase has suspended foreclosure proceedings on 50,000 foreclosures, due to documentation errors while GMAC Mortgage has suspended foreclosure activity in 23 states citing procedural issues.

The 23 states where GMAC (now owned by Ally Financial) voluntarily suspended foreclosures require a court order for foreclosure. Colorado has asked to be added to GMACs list while Jerry Brown, Attorney General for California and Democratic candidate for Governor, ordered GMAC to cease foreclosure proceedings in the state until a legal review of their procedures can be completed.

At issue in both situations are allegations that employees signed off on foreclosure-related documents without assessing the files. According to the Washington Post, one of GMAC’s employees hadn’t read the roughly 10,000 foreclosure documents he approved each month. That productivity works out to about one signed and approved foreclosure for each working minute of the day.

While both lenders have admitted that there have been some procedural errors, the possibility looms that there is a much more sinister reason for the rapid-fire signing of foreclosure documents; the Net Present Value (NPV) test. The NPV test is a series of calculations which lenders use on each troubled property to assess their highest return resulting from actions including foreclosure, loan modification, or short sale. The formula for these calculations has never been released to the general public but plays a dominant role in the determination of whether homeowners keep their homes, hire the services of a bankruptcy attorney, or are forced to leave due to foreclosure. In the case of GMAC and JP Morgan, its not a big stretch to presume the possibility that the applications being processed at one per minute did not require review because the NPV had already determined that foreclosure would provide their best outcome.

The biggest problem for homeowners trying to get approval for a loan modification is that they typically have no idea what the intentions of the lenders are. That situation is now changing due to the arrival of a product carrying the same information for homeowners as the NPV test provides to lenders. Known as the REST Report, the software generated assessment provides NPV information, a clear determination of HAMP eligibility, and loan modification options which can be determined prior to submission of the loan modification application.

While it may be too late for the unfortunate people who have unjustly lost their homes to foreclosure, the running a REST Report can give you the information you need to get a loan modification and avoid foreclosure. Even if you have been turned down for a loan modification or are working with a bankruptcy attorney, running a REST Report can strengthen your negotiating position with your lender.

Our ca bankruptcy attorneys and legal staff can negotiate with your creditors and mortgage lenders to stop harassing phone calls and help get your life back on track. If you need information on Loan Modifications, understanding Bankruptcy Lawyers, or would like to know more about the new Government HAMP Program for Principal Reductions and mortgage payment forgiveness.

Inside The Nba - Metta World Peace's 7 Game Suspension - (25-4-2012)

The Inside the NBA crew discuss Metta World Peace’s seven game suspenison! I do not claim ownership or makin’ money from this video. All rights reserved by copyright owners. —- DISCLAIMER! —- Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

Question by : Expunging or clearing suspensions off your driving record (abstract) from NJ MVC/DMV.?
I work for a car rental company. Their previous insurer had no issue with me. They are changing over to a new insurance company and the insurer has denied me to be on there new coverage. I have 0 points on my NJ DL ever since I started driving and up until this date. Also 0 insurance points. Although, my driving abstract has 3 suspensions on it. They were for, not presenting an insurance provider. When you register your car you need to provide proof of insurance. My policy number kept changing so every time I would put in the wrong one. So I would get a notice saying DL suspended until proof is provided. So each time I would drive to MVC and restore it the day of the notice. Anyway, is it possible to go to a) the DMV and pay to get some or all of the suspensions or anything on the record cleared/expunged? b) hire an attorney to clear the driving record in court? Are these solutions at all possible. My job is on the line and I am just trying to figure out some ways to go about this situation. Thanks

Best answer:

Answer by kelly_f_1999
get your driving report which should say what code it was for such as driving with no insurance
they should know that really and that shouldnt keep them from listed you
explain it was for , not presenting an insurance provider which they already know that info or they should anyways its not a moving volation really dont see why they wouldnt really has nothing to do with work at all

i drive for a living a company truck i had three points or more and ive stil there after having to crashes not my fault but still

Know better? Leave your own answer in the comments!
State yanks record number of real estate licenses
The agency also suspended 190 licenses, which was up almost 80 percent compared to 106 suspensions in the previous fiscal year. Another 138 licensees were surrendered while disciplinary action was pending. That figure is up 20 percent from 115 …
Read more on Bizjournals.com

Suspensions with Noe

This is my 5th suspension so far. Wish i had someone to record the first 4 so u the masses coulda seen my progression. Song is from Mastodon and you can tell its not timed at all. I just grabbed a song that was bout the same length as the vid heh. Enjoy 😀

Chickens Secondary Header
prettylink
728x90 header
Search the Site
Chicken Pens and Runs
music-legal
Script to Sales
film contracts
Application Selection
Manfreedkitchen