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GMAC Mortgage attempted foreclosure over a 30 CENT error!!
ripoffreport.com ^

Posted on 12/24/2008 10:36:03 AM PST by big black dog

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1 posted on 12/24/2008 10:36:03 AM PST by big black dog
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To: big black dog

First to call BS.


2 posted on 12/24/2008 10:40:15 AM PST by 1rudeboy
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To: big black dog

Instead of working with customers to the benefit of both, banks have turned into thugs, trying to maximize quarterly profits. That this behavior destroys their customer base and lower housing prices is not accounted for. It is suicidal.


3 posted on 12/24/2008 10:41:19 AM PST by rmlew (The loyal opposition to a regime dedicated to overthrowing the Constitution are accomplices.)
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To: big black dog

You hear about this stuff happening and are usually incredulous that it does happen.

Is it any wonder that consumer faith in lending institutions is in the crapper?

I would be posting this on elance.com for legal help offering a hefty bonus collected on punitive damages.


4 posted on 12/24/2008 10:43:56 AM PST by PittsburghAfterDark
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To: 1rudeboy

You win something for that?


5 posted on 12/24/2008 10:44:09 AM PST by WhistlingPastTheGraveyard (Don't blame me, I voted for Vaclav Klaus.)
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To: big black dog

Nightmare!!


6 posted on 12/24/2008 10:44:58 AM PST by aquila48
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To: WhistlingPastTheGraveyard

I wish.


7 posted on 12/24/2008 10:45:10 AM PST by 1rudeboy
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To: big black dog

You should have bought the Trucoat!


8 posted on 12/24/2008 10:45:51 AM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in the 1930's.)
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To: 1rudeboy

>>First to call BS.<<

I agree. Extraordinary claims require extraordinary evidence.

Thanks to the internet, now more than ever this is true.


9 posted on 12/24/2008 10:46:56 AM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in the 1930's.)
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To: big black dog

Modality zero


10 posted on 12/24/2008 10:47:17 AM PST by RightWhale (We were so young two years ago and the DJIA was 12,000)
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To: 1rudeboy

I, too, wonder about this story.

I’ve had mortgages with GMAC and they have always been great to deal with. Perhaps there is more to this story.


11 posted on 12/24/2008 10:50:27 AM PST by ladyjane
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To: RobRoy
I don't think it's that extraordinary. My hypothesis is that the bank tried to clear it up first, but the subject(s) blew the bank off, with the attitude that "it's only 30 cents."

It's all fun and games until someone puts an eye out . . . in other words, it's all fun and games until one gets served with a summons to appear and blows it off. Thus the "summery" judgment motions.

12 posted on 12/24/2008 10:50:52 AM PST by 1rudeboy
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To: 1rudeboy

This is very simple. Without official documents crossing your doorstep you are not liable. Personally, once they told me of the 30 cent error, I would have sent them a check for 30 cents and if they wanted more, immediately gone to small claims court for the maximum amount AGAINST THEM for harrassment.

The fact that they were told by “unbiased” lawyers that they were screwed means one of three things: 1. the lawyers were lazy incompetents. 2. the case was not worth their time. 3. This case is not what is described in this post.

I’ve been on Jury duty during two long and complicated trials. The most important take-away from both of those experiences was that you NEVER make up your mind until you have heard both sides make their case.

This one is one sided. That makes it an interesting read but, then, so is a lot of fiction.


13 posted on 12/24/2008 10:51:15 AM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in the 1930's.)
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To: big black dog
I have two friends in foreclosure purgatory right now.
Neither stems from a thirty cent error but both are fully willing to set things right.
The banks/mortgage companies are totally stonewalling both.
14 posted on 12/24/2008 10:53:07 AM PST by norton
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To: 1rudeboy

“... it’s all fun and games until one gets served with a summons to appear and blows it off.”

Yup. One thing I have learned about court is that it is a game and you have to play by the rules. I learned first hand that it is the number one secret to winning. Crossing your t’s and dotting your i’s, and doing it at the right time with the propper form of notification to the propper people is where it’s at.

And when you are the one notified properly, you had better, by God, respond properly!


15 posted on 12/24/2008 10:54:11 AM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in the 1930's.)
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To: norton

Out of curiosity, CAN they set things right?


16 posted on 12/24/2008 10:55:33 AM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in the 1930's.)
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To: big black dog
Twice the lawyer filed for 'summery judgements' that we found out about on the website...we were NEVER notifed by them!!!!

Either this is fake, or they had a law firm seriously trying to steamroll them with no regard for the consequences. Motions for summary judgment are supposed to served to the opposing party, usually weeks in advance of any court date to allow for a response time. Upon learning this a judge should just deny the motion on those grounds, maybe do something to the law firm for trying to pull one over on him. A complaint to the state bar for this might result in sanction for the firm.

17 posted on 12/24/2008 10:59:58 AM PST by antiRepublicrat
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To: 1rudeboy

Grotesgue as it seems, the story sounds entirely too plausible to me.
You must live in a state of grace, or a hermits cave if you have not experienced something similar.
These things happen, the guy did not even need to make the 30 cent error to experience something like this.
He was lucky he found a judge willing hear the facts instead of copping a “this must be BS, pay the upstanding GMAC (or Countrywide or your choice of financial institution), as they could neither err nor cheat”.


18 posted on 12/24/2008 11:01:11 AM PST by nkycincinnatikid
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To: big black dog
I think this may have a lot to do with computer generated bookkeeping/billing and people who only follow what the computer tells them...like people in stores who can't manually make change...the computer tells them what the amount is, and that's it!

Multiply the problem by how many different people/computers are involved and you end up with total chaos.

JMHO

FMCDH(BITS)

19 posted on 12/24/2008 11:07:50 AM PST by nothingnew (I fear for my Republic due to marxist influence in our government. Open eyes/see)
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To: RobRoy

"I'm tellin' ya, dat Trucoat's reeeely good stuff, dere, ya know, jeez"

20 posted on 12/24/2008 11:10:47 AM PST by Eccl 10:2 (Pray for the peace of Jerusalem - Ps 122:6)
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