Who Is Who & Subject Matter Jurisdiction

Eddie Van Halen played guitar on Michael Jackson’s “Beat It.”  Because of contract obligations, he was not credited or paid, but people recognized him anyway.  In dealing with foreclosures on mortgage loans, the who-is-who can be more difficult to sort out…which can be an advantage to a homeowner. Subject Matter Jurisdiction is a big deal in our form of government.  The United States Judicial System requires that a court have Subject Matter Jurisdiction over the subject of the case, and requires that the parties are the proper parties to pursue the lawsuit.  With debt sold into secondary markets, Subject Matter Jurisdiction is an important question.  Just because you owe money does not mean the party suing you has the authority to pursue the case. Sometimes the legal action gets ahead of the paperwork.  In transferring the debt collection from one loan servicer to the next, the authority to foreclose can lag behind the collection of the mortgage debt. If Party A does not own the home loan, it should be difficult for Party A to foreclosure on the property.  However, if the homeowner does not put up a legal defense, the authority to foreclose is not questioned.  A Foreclosure Defense […] Read More

Good, Free Resources Regarding Foreclosure

Eddie Van Halen played the guitar on Michael Jackson’s “Beat It,” and he did it for free.  Sometimes you get what you pay for…and sometimes you get a whole lot more.  If you need solutions to home foreclosure more than a guitar solo, then good, free, local resources include the following: St. Johns Housing Partnership (SJHP) SJHP is non-profit agency whose services are offered to the public regardless of income.  They work with borrowers living in million dollar homes as well as those eligible for Legal Aid.  Their HUD certified counselors are sensitive to what their clients are going through, and they are knowledgeable and experienced negotiating with lenders on a loan modification that works for everybody.  SJHP does a background check on their clients without waiting for the bank to do one.  They get good results because they do the homework ahead of time.  There is no way to predict how long a mortgage modification will take, but you have a better chance to a permanent solution with SJHP. To learn more about St. Johns Housing Partnership, contact them at (904) 819-1266 (www.sjhp.org ). Mortgage modification is a very good idea in concept.  SJHP may be able to make […] Read More