Home Equity and Refinancing question: Is mortgage elimination a scam or legitimate? Mortgage Elimination This is from Treas.gov: Subject: Illegal Financial Activity; Description: Fictitious Debt Elimination ... More Input on Mortgage Elimination...
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Like most scams, the Mortgage Elimination scam has been around for years and years. ... These same theories have resurfaced today in what is known as Mortgage Elimination strategies. Essentially, the scam artists advertise for “Mortgage Elimination” or “Debt Elimination” on internet websites, in the Penny Shopper,
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In the case of mortgage elimination, the credit in your “strawman” man account is directed to redeem your note through a commercial Bill of Exchange. This credit is transferred to the bank holding your mortgage to discharge the debt.
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The mortgage elimination promoters cite various court cases in support of their position. At first blush, it would seem there are dozens of court cases in which the judge actually did what they claimed, that is, declare a mortgage void because the lender used borrowed funds for the loan.
www.legalwiz.com/mortgage-elimination-scam www.legalwiz.com/mortgage-elimination-scam
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Debt Elimination can lift a huge burden and show the way to your true and natural freedom. Avoid bankruptcy. ... Mortgage Elimination Services ... Debt Elimination; Mortgage Elimination; Foreclosure ; Eliminate Student Loans; Eliminate Tax Liens and tax help ; UCC1 ; Credit Repair; Draft Freedom; Family Protection;
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So, if these "mortgage elimination" promoters are correct, then millions of mortgages would be void. The entire economy would collapse. This sounds vaguely familiar to the "tax protestor" scam where people claimed that they didn't owe income tax because the government did not have the constitutional authority to tax them.
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Prepare chapter 7 or 13 Official Bankruptcy Forms online. ... "Bankruptcy" is a federal program established by United States Congress to provide debt relief to persons and organizations suffering from financial difficulties. ... In fact, in most cases the entire bankruptcy process consists of completing the Official Bankruptcy Forms,
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