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Old 10-13-2008, 05:31 AM   #20
Baggywrinkle
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Default Re: Standing on moving ground; get out of debt

Quote:
Originally Posted by Kelphi View Post
If the financial institutes are going away who will own our house notes? Who do we pay?
In the short term your notes will be bundled up and sold/
merged acquired.

There is an opportunity here should they move to foreclose. You may demand that they prove that they
own the note. You may demand that they produce the original note in court. If they cannot, you are free.
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