The banks and lenders that caused the American economy to collapse and then were rescued with Bajilliions of our tax dollars have caused themselves such problems and have engaged in such widespread fraud and conspiracy that they can no longer rely on courts of justice to help them extract ill-gotten profits from consumers and taxpayers through foreclosure. In recognition of this increasingly apparent fact, the bankers and mortgage companies that caused the collapse are now working hard to remove their disputes from court systems where judges and attorneys can force them to account for their actions. A bill that will be introduced in the 2010 session of the Florida Legislature called the Florida Consumer Protection and Homeowner Credit Rehabilitation Act would remove foreclosures from the circuit court systems and would allow lenders to throw a homeowner out of their home without the due process of law. Normally I wouldn’t be too fearful that such a violation of a consumer’s rights would occur, but in these economic times when the banks and lenders run the country, to the detriment of taxpayers and citizens, anything is possible. The full text of the bill can be found here.
Click here to find your Florida Representative or Senator. Contact their office and make sure they know you’re opposed to consumer rights being trampled.