Forum Post: Petition Stop Bank Fraud Foreclosers
Posted 12 years ago on Dec. 14, 2011, 11:55 a.m. EST by izhmel
(1)
This content is user submitted and not an official statement
Please to create a petition
A compilation of signatures built in order to exert moral authority in support of a specific cause in the subject matter listed in the "solutions" section in this document
Dear America,
- The banks are not modifying the home loans within the best interest of the America, they are modifying the loans within the best interest of the banks and there investors who they had promised they would make millions of dollars of the working poor of America.
When banks mess up they get bailout money for wrecking America and the C.E.O gets MILLIONS converted to gifts when they commit frauds.
When banks refuse pay there taxes it's OK they are too big to fail or jailed
When the poor cant pay there taxes they get there wages garnished.
When borrowers " The People's Corporation of America" can't pay because they lost there jobs caused by the banks and greed that crashed the US economy,the "People's Corporation of America" lives get ruined by the banks that got paid of with bailout money from "The People's Corporation of America"and is still trying to collect on the loan twice.
When children bin told, go to school and get an education and graduate from collage when they graduate from collage there no job to pay back your loans.
The Students get stuck with up to $200,000 in bills straight out of collage and can't pay because the banks crashed the economy and destroyed the job market then gets more bailout money and still tries to collect from the students again after receiving bailout money from "The People's Corporation of America"
This is a double stranded
They don't get just stuck; student loan debt is hardly assigned randomly.
You missed a little teeny tiny detail: THE BORROWERS ARE IN DEFAULT.
Let's start from the top. Borrowers got money and bought something with it. Then, they stopped paying, yet expected to keep the shit they bought, in this case a house. When they borrowed the money, they understood that non-payment meant losing the house and moving. Now, they've stopped paying and people like you defend their right to squat.
Loans don't convert to gifts when you flake on repayment. Loans aren't simply transfer payments waiting to happen. Geesch, do we really have to bring up shit this obvious? Have our schools failed this miserably?
A friend of mine and her husband just were foreclosed on in thier home of 20 yrs. When I asked what happened, she replied that they didnt pay thier mortgage or taxes for over 2 years. She " forgot" . She pushed the bills to the side. Both are working mind you. It was difficult for me to feel sorry. Empathy yes, but sympathy, no.
Well put. For too many, sympathy and empathy are no longer separate concepts.
Thank you. The whole mess of foreclosures is so complex, but bottom line, if you paid your mortgage you get to stay. If you can't, and sure it happens, then one needs to make contact with the mortgage lenders to try to arrange something.. Too many people like my friend, just shoved it aside and pretended it couldn't be real.