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Updated almost 15 years ago on . Most recent reply
![Karen Williams's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/51389/1621411496-avatar-karenhelpme.jpg?twic=v1/output=image/cover=128x128&v=2)
They are trying to take my home!
:cry: I have a house that is in foreclosure right now. Screw the banks, why should they have my property when they made their money already. Resently I've been learning how to clear all of my debts including my mortgage by becoming a secured party creditor. Becoming a secure party creditor is taking your identily back from the government. Getting your Social Security Number back from the Government so they don't borrow money off of your number anymore. Now some might say there is no such thing, but I've done my research on this and it seems that they are right. I can't give out any websites, because I'm new to the forum, but I'm going to keep posting more information about this process so people get the knowledge. Knowledge is power.
Read part of this article below. This is happening all over the country right now. So you better get your property free and clear while you can, before your government changing the rules in their favor. You can get the rest on the New York Times Website.
RECENT NEW YORK TIMES ARTICLE:
If Lenders Say ‘The Dog Ate Your Mortgage’ By GRETCHEN MORGENSON
[COPYRIGHTED MATERIAL REMOVED]
So as you can see, people are waking up to the fraud that the banks have been doing to the american people. I'm new to this site, but I'm trying to get the word out to every homeowner I know. :lol: :lol:
Most Popular Reply
![J Scott's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3073/1674493964-avatar-jasonscott.jpg?twic=v1/output=image/crop=2882x2882@42x0/cover=128x128&v=2)
Originally posted by Karen Williams:
So, you haven't been paying your bills.
I'm with you so far...
What do you mean they made their money already? When you took out a loan, they handed a bunch of cash over to the seller of the property you bought, and they are now out that money. They don't get that money back UNTIL YOU PAY THEM BACK.
Since you are in foreclosure, you are clearly not paying them back, so they are LOSING money.
You borrowed money and agreed to repay it. You aren't doing that.
So, let's say you owed $10,000 to someone in your family. Would you feel good about not repaying your family member and no longer owing that family member anything?
Why is the bank any different?
Ummm...you were the one borrowing the money.
Remember that house you bought? The one that you're now getting foreclosed on.
It's not the government that's doing anything wrong here, it's you. You're the one that is not making good on the money you owe.
It's very easy to get your property free and clear. Just pay off the loan you took to buy that property.
If the word you're trying to get out is that you have no integrity, then congratulations, you've been successful...