Fake Allonges – Court Opinion

By Matthew D. Weidner, Esq.August 10, 2010No Comments

The improper use of allonges and the failure to properly endorse or transfer the promissory note continues to be a significant issue in any foreclosure or bankruptcy case that deals with negotiable instruments. Many good courts will examine the documents closely to determine what evidence of transfer exists and, as in the case reported below, will order sanctions when it appears the proponent of a document has committed fraud on the court.