FIGHT FORECLOSURE - - AND WIN!

FIGHT FORECLOSURE - - AND WIN!

BROUGHT TO YOU BY McGOOKEY LAW OFFICES, LLC
DANIEL McGOOKEY AND TREY HARDY


In the year and a half since I have been involved in helping distressed homeowners fight foreclosure on an almost full-time basis, I essentially had to “unlearn” all of the principles I became familiar with over the course of twenty-nine years of practicing commercial and banking law. These principles had held true with respect to lending procedures of legitimate lenders, and my knowledge of them had served me well.
However, what had been an asset for me when dealing with loans from legitimate lenders, my knowledge of the industry, turned out to be a huge detriment when considering the highly predatory, illegal loans of illegitimate, securitized lenders. That is because the fundamental rules governing those loans are diametrically opposed to each other.
First, and foremost among the differences is that the party claiming to “own” your loan, typically a trustee or a loan servicer acting on behalf of a trustee, in reality has no beneficial interest in your loan since the loan has already been bundled with hundreds of thousands of other loans, and sold to investors. Having no beneficial interest, these “lenders” have no incentive to work with distressed homeowners in helping them save their homes. Thus, when you realize that you can’t work with them, you must resolve yourself to stand your ground, and fight, if you are to keep your home.
Fortunately, and this is key: the very system which was engineered to maximize the profits of these illegitimate “lenders” in fact produces opportunities for the victimized homeowner to win the foreclosure fight. It is very difficult for me to think of how many families lost their homes when they could have stood and fought successfully, and kept them. I am sad to estimate that number in the tens of millions. Don’t let yourself and your family become part of that group. You have a number of weapons in your arsenal. All you have to do is become aware that they exist, and how to use them.

McGookey Law Offices, LLC
Daniel L. McGookey
Trey Hardy


For a discussion of the most effective weapon you have in fighting foreclosure, please visit our website at www.mcgookeylaw.com.