* Two defunct lenders seeking to destroy boxes of records
* One judge temporarily blocks document destruction
* In separate hearing, destruction partially allowed
* Rulings come amid wide concerns of missing loan docs
By Scot J. Paltrow
WILMINGTON, Del., Jan 24 (Reuters) – A U.S. bankruptcy judge temporarily blocked bankrupt subprime lender Mortgage Lenders Network USA from destroying 18,000 boxes of original loan files after federal prosecutors said documents in them may be needed as evidence in more than 50 criminal investigations.
In a hearing Monday before U.S. Bankruptcy Judge Peter J. Walsh, a representative from the Delaware U.S. Attorneys’ Office said she did not know details of any of the investigations.
But she said prosecutors and FBI offices around the country had requested time to access to the boxes and assess whether the contents contain needed evidence before the judge permits any destruction.
Temporarily? Partially allowed? Are these people on crack! Why is this issue even getting a second thought?
I think someone is putting something in part of our food supply that kills integrity and common sense.