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Real Estate & Property Law

: The Home Equity Theft Reporter

NY Bankruptcy Court Bounces Bank For Lack Of Standing, Insufficient Documentary Proof Substantiating Debt; Chase Gets 21 Days To File Proper Paperwork

By r morris

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A ruling this week by a New York Federal bankruptcy court bounced, without prejudice,(1) a creditor's claim filed by J.P. Morgan Chase Bank in a Chapter 13 proceeding filed by a homeowner. According to the ruling, Chase both:failed to present evidence necessary to demonstrate that it is either the servicer, note and mortgage holder, or assignee such that it has standing to bring the claim, and

Full post as published by The Home Equity Theft Reporter on March 03, 2010 (boomark / email).

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