Who really owns the note? Who cares, right? Wrong. The United States Trustees care and increasingly Federal judges are starting to pay close attention to this key question that comes up in every foreclosure case and many bankruptcy cases. Just because the nominal plaintiff has the original note does not mean anything….if they claim the right to proceed, they must show some evidence of this right…click on the link below and get inside what’s really happening in this case….
This is just one example of the kind of Trustee dustups that are occurring all across the country as the bankruptcy trustees run headfirst into the morass that we’re all stuck in….should be interesting…..