Predatory
Lending Violations Pushes Consumer to Seek Equal Justice
Released
on = May 22, 2007, 11:11 am
Press
Release Author = Pierre R. Augustin
Industry
= Real Estate Press
Release Summary = “An impatient beneficiary under a will murder
the testator. Should he be permitted to inherit?”
Press
Release Body = LOWELL, Mass. --- When Pierre Augustin of Lowell,
Massachusetts, became a victim of predatory lending, he could not
have foreseen that his timely legal objections and defenses to stop
a fraudulent foreclosure action would be ignored by Chase Home Finance.
“An
impatient beneficiary under a will murder the testator. Should he
be permitted to inherit?” That quotation is “drawn from
the New York Decision of Riggs v. Palmer in 1899. The will in question
was validly executed and was in the murderer’s favour. But
whether a murderer could inherit was uncertain: the rules of testamentary
succession provided no applicable exception. The murderer should
therefore have a right to his inheritance. The New York Court held,
however, that the application of the rules was subject to the principle
that ‘no person should profit from his own wrong’. Hence,
a murderer could not inherit from his victim.”
Likewise,
Chase Home Finance [cannot be allowed] to profit from the Predatory
Lending practices that it inherited from New Century Mortgage and
to continuously defying, trampling and usurping the rule of law
said Mr. Augustin. The above mentioned quotation substantiate what
Mr. Augustin’s has been arguing in his pleadings and motions
(Case# 06-10368, Federal District Court & Case# 07-1705, First
Circuit of the Court of Appeals of Boston, Massachusetts). Incidentally,
the original mortgage lender was New Century Mortgage Company, then
assigned the mortgage to Chase Home Finance, has filed for bankruptcy.
Augustin,
who uncovered during the course of his bankruptcy proceedings (Case#
05-46957, Bankruptcy Court, Worcester, Massachusetts) has timely
and legally invoked the Truth-In-Lending Act (TILA) right of rescission
pursuant to 15 U.S.C. §1635 to protect his property rights.
TILA is a remedial statute, enacted by Congress, designed to protect
and to defend consumers' property rights such as Augustin's. The
law firm providing representation to Chase Home Finance is Partridge,
Snow and Hahn, LLP, Providence, Rhode Island, Tel. (401) 861-8293.
Augustin
is alerting the public and public officials in order to stop Chase
Home Finance and Deuthsche Bank National Trust since all other remedies,
reasonable and good faith efforts have failed. The auction sale
has been postponed and is now scheduled on May 23, 2007 and will
be irreversible, rendering any subsequent and pending legal actions
moot. Pierre Augustin can be reached at 617.202.8069. Visit http://rcxloan.com/Civil_Action__BK__Motion_14.htm
to learn more.
Web
Site = http://www.rcxloan.com/Equal_Justice_Under_Law.htm
Contact
Details = Pierre R. Augustin, 28 Cedar Street
Lowell, MA 01852, Cell: 617-202-8069, Fax: 877-753-3152
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