Heritage Pacific Financial vs Monroy /Monroy vs Heritage Pacific Financial | "Foreclosed second mortgage debts that are uncollectable because of California anti-deficiency law"

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Heritage Pacific Financial vs Monroy /Monroy vs Heritage Pacific Financial | “Foreclosed second mortgage debts are uncollectable because of California anti-deficiency law”

Heritage Pacific Financial vs Monroy /Monroy vs Heritage Pacific Financial | “Foreclosed second mortgage debts are uncollectable because of California anti-deficiency law”

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This information should go viral to alert consumers in California.

Law Office of Peter Fredman-

Heritage Pacific Financial is a Texas debt collector that has developed a business model of suing borrowers for fraud on foreclosed second mortgage debts that are uncollectable because of California anti-deficiency law.  In this case, I defended the borrower and cross-sued the debt collector for unlawful debt collection practices.  Our position is that the debt collector cannot sue for fraud because it was not defrauded, including because it purchased the debt with full knowledge that the first mortgage had been foreclosed on, and because the fraud claim was not assigned and is not assignable.

[PETER FREDMAN]

[ipaper docId=94700060 access_key=key-1n9igro9qvggm79vq6m0 height=600 width=600 /]

 

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