Following up on Jeff's point...Everyone has heard "innocent until proven guilty".

There was a case in OH where someone was found guilty of brokering without a license and they were using a trust process similar to what you described.

Its very important to look at the forclosure notices, and pleadings.

Tell your partner to write a pleading letter and make sure he sends it to highest person on the totem pole.

In some senses, guilty until you disclose.3.

Don't want to be "guilty" of not reading a thread!!)

The court rejected the plaintiff’s arguments that the court should disregard the liability shield of the LLC under the instrumentality or identity rule because the plaintiff failed to plead either theory.Hunter v.

Despite the pleading of our agent, we over-rehabbed this one (in a "working class" neighborhood), spending $15K on the typical pergranisteel (pergo, granite, stainless steel) that goes into our middle of the road flips.

Small regionals are guilty of not disclosing much about their underwriting criteria often as well so this is not a HML-only problem.

NAR Pres has been accused of diverting cash. I wonder how this is going to turn out: http://www.ocregister.com/articles/thomas-409565-bankruptcy-gary.html