TFH 5/13/18 | Foreclosure Workshop #58: Spadaro vs. Moore — Another Tragic Example of How Common Law Foreclosure Deficiency Judgment Procedures Are Turning Our Courts into Collection Agencies for Crooks - FORECLOSURE FRAUD

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TFH 5/13/18 | Foreclosure Workshop #58: Spadaro vs. Moore — Another Tragic Example of How Common Law Foreclosure Deficiency Judgment Procedures Are Turning Our Courts into Collection Agencies for Crooks

TFH 5/13/18 | Foreclosure Workshop #58: Spadaro vs. Moore — Another Tragic Example of How Common Law Foreclosure Deficiency Judgment Procedures Are Turning Our Courts into Collection Agencies for Crooks

COMING TO YOU LIVE DIRECTLY FROM THE DUBIN LAW OFFICES AT HARBOR COURT, DOWNTOWN HONOLULU, HAWAII

LISTEN TO KHVH-AM (830 ON THE AM RADIO DIAL)

ALSO AVAILABLE ON KHVH-AM ON THE iHEART APP ON THE INTERNET

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Sunday – May 13, 2018

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Foreclosure Workshop #58: Spadaro vs. Moore — Another Tragic Example of How Common Law Foreclosure Deficiency Judgment Procedures Are Turning Our Courts into Collection Agencies for Crooks

 

 

 

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Two Sundays ago The Foreclosure Hour informed our listeners of the tragic story of Dr. Amanda Tucker, whose entire life savings consisting of millions of dollars in real estate equity was stolen from her because of antiquated judge-made common law deficiency judgment procedures still being inflicted today upon homeowners in a near majority of our States.

And that occurred despite the earlier sworn testimony in Court of Dr. Tucker’s Banker that she was not even in default on her jumbo loans when she was sued for foreclosure.

For those listeners who missed that eye-opening broadcast, you will not only find the recording of that recent April 29, 2018 show featuring Dr. Tucker’s ordeal in the Past Broadcast Section of our Website at www.foreclosurehour.com, but we have posted a convenient link there to our original February 2, 2014 Broadcast featuring as our special guests not only Dr. Tucker, calling in live, but also her Banker, Clyde Engle on the telephone, at the time of her foreclosure summary judgment.

Our listeners will recall from past shows that originally foreclosure deficiency judgments historically did not exist, as mortgages simply contained a “right of reentry” and if one defaulted on one monthly payment, the landlord would simply kick out the borrower and take back the property and any equity the borrower had in it at the time.

To remedy the harshness of the right of reentry, English Courts of Equity instituted the present day foreclosure auction system for the purpose of protecting a homeowner’s equity in foreclosed properties, at a time when there were no other alternatives such as an MLS listing or the existence of real estate brokers capable of marketing properties, not even yet a printing press.

Today instead, forced auction sales consisting of rigged credit bidding and inadequate marketing have transformed such antiquated foreclosure auctions into modern day thieves markets, the opposite of what was intended.

Lest some mistakenly think that Dr. Tucker’s situation is somehow unique, the truth is that such ripoffs are taking place daily in our Courts, who seemingly, very much mimicking the legendary “Mr. Magoo,” appear oblivious to how they are being unwittingly turned into collection agencies for crooks.

This Sunday, for example, The Foreclosure Hour brings you the alarming details of an even worse foreclosure deficiency judgment ripoff than that waged against Dr. Tucker, which is playing out at this very moment in Northern California, its State Courts being asked to enforce another Hawai’i antiquated predatory common law Judge-made deficiency judgment under threat of imprisonment no less: Spadaro vs. Moore — the subject of this Sunday’s Radio Show.

John Waihee and I hope you will listen in and join the Homeowners SuperPAC and help us put an end to such unconscionable abuses, the only indefensible basis for which, quoting Judge Oliver Wendell Holmes, is that “it was laid down in the time of Henry IV.”

Gary

Please go to our website, www.foreclosurehour.com, and join your fellow homeowners in the Homeowners SuperPac today.

A Membership Application is posted there waiting for your support.

 

 

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Host: Gary Dubin Co-Host: John Waihee

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CALL IN AT (808) 521-8383 OR TOLL FREE (888) 565-8383

Have your questions answered on the air.

Submit questions to info@foreclosurehour.com

The Foreclosure Hour is a public service of the Dubin Law Offices

Past Broadcasts

EVERY SUNDAY
3:00 PM HAWAII 
6:00 PM PACIFIC
9:00 PM EASTERN
ON KHVH-AM
(830 ON THE DIAL)
AND ON
iHEART RADIO

The Foreclosure Hour 12

 

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