Mortgage Elimination

[MortgageEliminationOrg]

What Banks Don't Want
You To Know About Your Mortgage

Did Your Bank...

Really Loan You Any Money?

Take Any Risk In Giving You That "So-Called" Loan?

Make Money Off Your Signature?

Violate Any Laws?


What If...
You Can Have "Free & Clear" Title
To Your Home Within The Next 45 - 60 Days?

Would you like to find out how...
You Can Obey The Law, Maintain High Moral Conduct,
And Eliminate Your Mortgage?

What are you waiting for?
You Can NOW Say, 'Good-Bye'
To Your Monthly Mortgage Payments.

300 Success Stories
with Free and Clear Title to their homes!!!

It's Total Mortgage Elimination

A typical example : $ 200,000.00 mortgage
At the end of the process, 5 - 7 months
----- You, the homeowner, end up with zero mortgage
----- Own your home.... free and clear title
----- Plus..... $ 50,000 cash in your pocket !!!

[Dan Auito]

For a full length discussion on this topic, I recommend you hop on over to Bruces site and read all about it: http://neodemesne.com/forum/viewtopic.php?t=57

You will notice at magic bullets that I am not afraid to send you away to other sites, I will be found to be encouraging you to leave periodically to go where the best information on a subject can be found.

Once you have great info and a clear understanding I encourage you to come back here and be a more well informed family member. Now go get that info and bring back your knowledge when your done. See you when you get back. Dan

[MortgageEliminationOrg]

BANK ONE v. HARSHAVARDHAN DAVID & PRATIMA DAVE
AFFIDAVIT OF WALKER F. TODD
"For 20 years, [he] worked as an attorney and legal officer for the legal departments of the Federal Reserve Banks of New York and Cleveland."

http://www.americaondebt.com/affidavit.html

[neodemes]

Dan -

Thanks much for the referral. With 11 pages of posts and nearly 5000 page views so far, this has certainly become a hot topic at Neodemesne.

I would like to see some more participation in the ethics poll there. I don't generally do polls either, but I would like to get a real feeling of the current mindset of American's these days. If the majority of folks really believe that it is OK to scamper out on a mortgage, I think that will be very sad news.

God is being removed from our public places, town squares, schools, and court houses.

Is He disappearing from the very hearts of Americans, as well? :eek:

Let's find out. :SM030: Vote.

Bruce

[zymsys]

:SM014: I registered on your site and posted a vote for the "good guys", but I'm not an American, so I'm not sure it should count!

[neodemes]

Thanks, zymsys. :thumbsup:

OK...we have a global outlook!

I'll take morality wherever I can find it! :SM022:

[MortgageEliminationOrg]

Today I went to my county superior court Website and I looked up my name. I
found 2 entries I haven’t seen before, one said NOTICE and the other said
CANCELLATION. To my surprise… on Oct. 26th my DISCHARGE OF MORTGAGE. It even
said “Certify that the above mortgage and the debt secured by such mortgage are
fully paid, satisfied and discharged, and that the mortgage is fully and
forever released from the property described therein.�

I was so excited I went to the courthouse to pickup a copy of the discharge. It
is in my hand… IT IS AWESOME.

I will let you know when I post my DISCHARGE OF MORTGAGE.

[MortgageEliminationOrg]

Here is my Free & Clear title. :thumbup:
Discharge of Mortgage (http://home.comcast.net/~icufree/Discharge.doc)

[Aldo]

Yep, I love to see a good scam - as long as I ain't the one getting sucked into it. Gimme a few days and I can come up with a realisitc appearing document that shows our national debt to be forgiven. Of course, there will be an immediate 33% reduction in income taxes, Can't wait! On second thought, I guess I'll have to wait - probably until lenders offer forgiveable mortgage loans.

[Dan Auito]

Yep, I love to see a good scam - as long as I ain't the one getting sucked into it. Gimme a few days and I can come up with a realisitc appearing document that shows our national debt to be forgiven. Of course, there will be an immediate 33% reduction in income taxes, Can't wait! On second thought, I guess I'll have to wait - probably until lenders offer forgiveable mortgage loans.

I don't know why we let this post even stand, I guess it's to show people that when they see it, to beware. No proof is ever offered and who could validate it if it was. All the love back atcha Aldo! :SM004:

[MortgageEliminationOrg]

No proof is ever offered and who could validate it if it was.
I know you hold neodemes to the highest degree. He has been given the information to validate the documents. He may not want to admit it here but he might in a private email to you.

[Aldo]

I'll never second guess your decision to allow posts from an advertiser. This was discussed several times 'on the other side of town' and was blown off. Anyone who latches onto this scam doesn't have the brains that God gave a goose.

[neodemes]

I know you hold neodemes to the highest degree. He has been given the information to validate the documents. He may not want to admit it here but he might in a private email to you.

Excuse me? Information to validate the documents?

Quite the contrary, Todd.

Foreclosures are popping up behind these bogus docs. Banks aren't authorizing your boys, Heinemen and Johnson, to reconvey or discharge anything.

In all fairness, though, go ahead and post your validating information right here. When your done, drop on by and post it here http://neodemesne.com/forum/viewtopic.php?t=57 too.

I can always use a good chuckle. :smiley21:

:SM080: Dan, thanks for the use of the space, brother!

[Aldo]

Here'e my offer. This is in a public forum from a well-known individual.
I hereby offer $100,000 in cash to any person that can achieve full and final satisfaction for a current recorded mortgage with a $242,000 unpaid balance. There are to be no other monies due to any other person or entity for any reason or purpose prior to the year 2517.
If you can meet my challenge, please contact me. If you cannot meet that challenge, go find a sucker somewhere else.

[neodemes]

Here'e my offer. This is in a public forum from a well-known individual.
I hereby offer $100,000 in cash to any person that can achieve full and final satisfaction for a current recorded mortgage with a $242,000 unpaid balance. There are to be no other monies due to any other person or entity for any reason or purpose prior to the year 2517.
If you can meet my challenge, please contact me. If you cannot meet that challenge, go find a sucker somewhere else.

This is in a public forum from a well-known individual.

Where? Who? I'm confused. Are you making this offer or reproducing an offer you saw somewhere? Just curious. :question:

[MortgageEliminationOrg]

Neo you need to take responsibility for the things you say.
First, I am not a representative of the Dorean Group.
Second, your slander on me is irresponsible and hurtful... you should be ashamed-God is your witness.

Below are the comments of those who have studied this subject.

The bank has no legal justifiable beneficial interest ever.
It might be argued the bond acts as a tender of payment anyway (UCC Law). If it is, then, the lien needs to be discharged anyway, whether the bank does it on their own, or a substitute trustee does it. Justice & fairness demands this. The trustee isn't self appointed, the trustor appoints the trustee. If the bank doesn't object, which they didn't when the "power of attorney" was filed & served, previous to the deed of reconveyance, then, the change in title need to stand since the lender didn't protest or validate in time. Silence is acquiesence.

Mogel

The substitute trustee is never claiming to act in the "interests of the bank", but they do become an "agent" for the bank. As an agent for the bank, they have the right to sign all documents that are necessary to perfect the bank's default. Maybe you don't understand "agency law" as well as you think you do.

Mogel

Presentment to Full Reconveyence

When the banks don't answer to the presentment (they can't answer) in time they default. It's an administrative judgment. The bank defaults, judgment is filed with the court and that's it. Dorean can then file their Reconveyence of title or satisfaction of mortgage. If the banks try to bring action later that is a trespass. I'll bet there is probably wording in the Notice of Administrative Remedy that the banks agree to not trespass (10x damages for each trespass). When the banks trespass Dorean can then slap a lien on the bank and officers of the banks or sell the judgments.
Once the judgment is filed with the court (clerk stamps the paper work) the bank can ask a judge to review it to see if it has been done properly. This is all they can do. Don't worry about bad behavior. The banks will soon learn to roll over and play dead.

Rottweiler

[MortgageEliminationOrg]

UCC § 3-501. PRESENTMENT.

(a) "Presentment" means a demand made by or on behalf of a person entitled to enforce an instrument (i) to pay the instrument made to the drawee or a party obliged to pay the instrument or, in the case of a note or accepted draft payable at a bank, to the bank, or (ii) to accept a draft made to the drawee.

(b) The following rules are subject to Article 4, agreement of the parties, and clearing-house rules and the like:

(1) Presentment may be made at the place of payment of the instrument and must be made at the place of payment if the instrument is payable at a bank in the United States; may be made by any commercially reasonable means, including an oral, written, or electronic communication; is effective when the demand for payment or acceptance is received by the person to whom presentment is made; and is effective if made to any one of two or more makers , acceptors , drawees , or other payors.

(2) Upon demand of the person to whom presentment is made, the person making presentment must (i) exhibit the instrument , (ii) give reasonable identification and, if presentment is made on behalf of another person, reasonable evidence of authority to do so, and (iii) sign a receipt on the instrument for any payment made or surrender the instrument if full payment is made.

(3) Without dishonoring the instrument , the party to whom presentment is made may (i) return the instrument for lack of a necessary endorsement , or (ii) refuse payment or acceptance for failure of the presentment to comply with the terms of the instrument, an agreement of the parties, or other applicable law or rule.

(4) The party to whom presentment is made may treat presentment as occurring on the next business day after the day of presentment if the party to whom presentment is made has established a cut-off hour not earlier than 2 p.m. for the receipt and processing of instruments presented for payment or acceptance and presentment is made after the cut-off hour.
__________________________________________________ ____
"The soonest a bank can foreclose & actually have a sales date is 4.5 months. Usually a lis pendus or notice of default will generally not go out until after you are 90 days late. Lenders are regulated by State laws and have laws about publishing the sale, & how long the sale ad must run & necessary steps in the foreclosure process, etc. In some States it takes longer to go through the complete foreclosure process than other states. Mortgage States it usually takes longer than trusteed States. There is also in some states a right of redemption period to get back the home even after the sale. Dorean can file an injunction at any time in Federal Court to stop any foreclosure action. There are a bunch of Federal Laws that all lenders violate in granting a loan. Dorean can even get back possession of a house after the sale & even after the Sheriff evicted the person if need be & put the person back in possession of his house. If the lender is doing something illegal, there is remedy at law. There are a slew of legal reasons to stop the lender's bad behavior or to sue for penalties. There is no protection from getting sued. Anyone can sue anyone for whatever reason. The bank's behavior cannot be predicted. The same bank might leave one client alone & then sue or attempt to foreclose on the next client. There is no effective counter to Dorean's process. Any lender's counter is based upon fraud, or bluff tactics. Remember the lender is coming to court with "unclean hands". The "unclean hands doctrine" should be enough to defeat any lender. Lender's will lose big time in the end if they ever decide to fight this all the way by having the audacity to open up Pandoras Box.
Possible defenses against the lenders are (1) conspiracy, (2) fraud, (3) ultra vires, (4) racketeering activities, (5) conversion of promissory note, (6) acceptance of bond paid off debt, (7)mail fraud , (8) peonage committed by lender, (9)contract deficiencies, (10) Truth in lending violations, (11) RESPA violations, (12) UCC violations, (13) no consideration, (14) lack of full disclosure, (15) Lenders using wrong justifications for foreclosure & pretending to have a "secured debt", when "security transactions law" is involved. & of course, the list goes on. Let the attorneys for Dorean figure out how they want to fight this. You people are in good hands even if you don't understand that or believe it or are skittish about the future."

Mogel

[neodemes]

First, I am not a representative of the Dorean Group.


Alright, then, please clarify.

What is your proper title? You aren't simply a client. mortgageelimination.org is your website. You stand to benefit financially from bringing people into this process.

Until you can demonstrate without a shadow of a doubt that this 'process' works you have no business claiming free and clear title to your property as if you have succeeded in beating the banking system.

All your group has done is to cloud titles. Period. The rest is all theory.

You are trying to suck people into your program and you talk to me about shame? Yes, you are right. God IS our Witness.

Wherever you cut and paste your defense, I will be right there to reply.

Wherever you are promoting this unfounded claim of success in obtaining free and clear mortgages, I will be there pointing out that the only success this program is having is in triggering foreclosures.

You have been received at Magic Bullets and countless other forums with disbelief and derision, yet you refuse to acknowledge you are not wanted and not respected.

The TRUTH will shine like a beacon. The question is, how many broken lives will its Light illuminate and how will you be held accountable for your part in it?

TTFN

[Aldo]

It's funny. I don't know Neodemes from Adam, Eve or the apple (I know who the serpent is), yet I somehow personally resent your accusing her/him of slander. I re-read every post in this thread. The closest thing I found to slander of any kind was your self-imposed slander upon the value of your offerings. I base that on the fact that you obviously do not consider my offer of $100,000 in cash to be a worthy challenge. If you had a legitimate program and even even remotely considered the offer, you'd have jumped on that offer with both feet. Instead, you chose to ignore it.

With that said, I now choose to ignore you, except for the fun of poking holes in your story here. That won't end until you do - and that can be arranged.

In closing, you can redeem yourself by providing not less than ten provable examples of your success in 'eliminating' mortgages. If you are unable to do so, please go away. I have better things to do. Cloud-watching is one.

[normanic]

Yup...., definetly...fraud. :thumbdown

[Dan Auito]

Yup...., definetly...fraud. :thumbdown

We do have the ability to close threads down. But it sometimes pays to let them ride so more folks can weigh in. Normanic, your definitely in the majority my friend! Dan

[neodemes]

We do have the ability to close threads down. But it sometimes pays to let them ride so more folks can weigh in. Normanic, your definitely in the majority my friend! Dan

And I appreciate you letting this stand as a sign post to what is turning out to be a VERY interesting thread, my brother.

Check out the latest developments today starting here http://neodemesne.com/forum/viewtopic.php?p=858#858

:smiley10:

[Aldo]

Neodemes. With all due respect, I did not follow your link. This thread has me laughing so hard that I doubt I could withstand the stomach pain associated with excessive laughter.

I made a serious offer to Mr. Ripoff and have yet to see a reply. (Dammit. More milk just came out of my nose and I'm not even a cow.)

I belive this thread was allowed to remain for its humor value. Really, this thread is almost as funny as a rubber crutch in an emergency room and nearly as useful as a screen door on a submarine.

[neodemes]

Neodemes. With all due respect, I did not follow your link. This thread has me laughing so hard that I doubt I could withstand the stomach pain associated with excessive laughter.

I made a serious offer to Mr. Ripoff and have yet to see a reply. (Dammit. More milk just came out of my nose and I'm not even a cow.)

I belive this thread was allowed to remain for its humor value. Really, this thread is almost as funny as a rubber crutch in an emergency room and nearly as useful as a screen door on a submarine.

I hear you, Aldo. Bear in mind though, the ramifications of this ME garbage are actually quite serious. I have a tough time feeling very sorry for people who choose to buy into the ME programs - the link you didn't visit goes to some info I posted regarding foreclosure proceedings directly related to pursuing ME using The Dorean Group. There will be many more.

I do hope to cause some potential victims to save themselves some grief in the future.

However, for some real hilarity, check out the post that follwed soon after by our newest registered "true believer" :SM101:

[DionEvalueMortgage]

Tom and Jerry had an episode with Tom stating "....DON'T YOU BELIEVE IT..."

[Aldo]

I understand the ramifications and pity the poor souls that fall for this scam. If the truth were told, this concept is so thoroughly disgusting that I don't want to know more than i already do. Oops! The truth just got told.

The fact that this is a scam is clearly evidenced by the failure of Mr. Ripoff to even acknowledge my offer of $100,000.00 in cash if he cold arrange for the elimination of my $240,000+/- mortgage. Tell ya what, in a heartbeat, I'd spend $75,000 of my own money if I could pull off this scam and make $25,000.

I don't make those decsions, but if I were running this site, there would be one less member.

[MortgageEliminationOrg]

The promissory note is the biggest hurdle for the bank. The note is either altered w/ endorsements (a Felony) or the lender sold it and don’t have possession of it (no claim).

In the Notice of Intent the “Trustees demanded as part of the full disclosure the production of the promissory note with all fronts and backs complete with endorsements and the accounting general ledger.�

For full understanding go to: http://forum.suijuris.net/showthread.php?t=305
“Profert of a promissory note is required by statutes placing promissory notes on the same footing and of equal dignity with instruments under seal.

Beebe v. Real Estate Bank, 4 Ark. (1842)

See Vandergriff v. Vandergriff, 211 Ark. 848, 202 S.W.2d 967 (1947), where this court held there can be no judgment on a note when it is not introduced into evidence and where the note's absence is not explained.

This court has also held that secondary evidence of the contents of a note is inadmissible when the original is within the control or custody of the one seeking to enforce it

Under the UCC, a promissory note is "instrument", security interest in which must be perfected by possession.

See Matter of Staff Mort. & Inv.Corp., 550 F.2d 1228 (9th Cir 1977)

"Under the Uniform Commercial Code the onlynotice sufficient to inform all interested parties that a security interest in instruments has been perfected is actual possession by the secured party, his agent or bailee. See Bankruptcy Court followed by UCC in Re Investors & Lenders LTD 165 B.R. BKRTCY D.N.J. 1994"

Because the note in question was not payable 'to order or to bearer' the plaintiff payee did not hold in due course.

Pascal v Tardera, 1986, 123 A.D.2d 752, 507 N.Y.S.2d 225

Where an instrument is neither payable to order or bearer no one can qualify as a holder in due course.

Key Bank of Southeastern N.Y. v. Strober Bros., Inc., 136 A.D.2d 604, 136 A.D.2d 604, 523 N.Y.S.2d 855

This information was obtain from the sui juris site, which has nothing to do with ME.

The presentment is issued with "a subrogation bond and it is there to enforce the allegations that the CPA Reports allege. It acts as an insurance policy if by some chance the banks can answer the claims, the action was bonded so that liability would not damage the party." If the bank can answer the presentment the lender will receive twice the value of my home.

[Jim FL]

Stop Bank Fraud?
What a joke!
Why not just be HONEST and learn to make money instead of becoming a theif?

The way I look at it, even IF your system is REAL (its not, don't argue, I'm bigger than you. :-)...........then what you are saying is this.......

BLOW OFF YOUR OBLIGATIONS because YOUR WORD MEANS NOTHING!

See, If I'm a bank, and I loan you $100k, to buy a house, secured by that house, YOU PROMISE TO PAY ME BACK, plus interest, and fees etc. (That's for the use of the funds.)

So, perhaps I make a little mistake on the loan docs, somewhere, somehow......
You then are telling folks, FORGET YOUR PROMISE, and DO NOT PAY BACK THAT MONEY, or the interest or fees YOU AGREED TO PAY!!

So, you have a 'system' for DEFRAUDING LENDERS!
Good news!
A room just opened up within the B.O.P. (that's Bureau Of Prisons, the Federal Govt. Corrections system).

Now, unless you have something that you CAN PROVE without all this malarky, then step up!
Otherwise, step out, and quit trying to snare people into your scheme.

Its been researched, and proven to be false claims.

I know you'll refute that, so what, your credibility is shot.

Can we PLEASE get back to discussing REI here, instead of this bogus 'get rid of your obligations and blow them off' scheme?

Your entertainment value was lost after the first post...but it did give Bruce something to do. :-)

By the way, I TOO can back the 'bet' that was made by I think Aldo for the $100k.
So, since your program works so well, and you can prove it, why not make an easy $100k?

Have a nice day!
Jim FL

[Dan Auito]

Stop Bank Fraud?
What a joke!
Why not just be HONEST and learn to make money instead of becoming a theif?

The way I look at it, even IF your system is REAL (its not, don't argue, I'm bigger than you. :-)...........then what you are saying is this.......

BLOW OFF YOUR OBLIGATIONS because YOUR WORD MEANS NOTHING!

See, If I'm a bank, and I loan you $100k, to buy a house, secured by that house, YOU PROMISE TO PAY ME BACK, plus interest, and fees etc. (That's for the use of the funds.)

So, perhaps I make a little mistake on the loan docs, somewhere, somehow......
You then are telling folks, FORGET YOUR PROMISE, and DO NOT PAY BACK THAT MONEY, or the interest or fees YOU AGREED TO PAY!!

So, you have a 'system' for DEFRAUDING LENDERS!
Good news!
A room just opened up within the B.O.P. (that's Bureau Of Prisons, the Federal Govt. Corrections system).

Now, unless you have something that you CAN PROVE without all this malarky, then step up!
Otherwise, step out, and quit trying to snare people into your scheme.

Its been researched, and proven to be false claims.

I know you'll refute that, so what, your credibility is shot.

Can we PLEASE get back to discussing REI here, instead of this bogus 'get rid of your obligations and blow them off' scheme?

Your entertainment value was lost after the first post...but it did give Bruce something to do. :-)

By the way, I TOO can back the 'bet' that was made by I think Aldo for the $100k.
So, since your program works so well, and you can prove it, why not make an easy $100k?

Have a nice day!
Jim FL

THANK YOU Jim! You would get along well with Bruce, Aldo and just about everyone else for that matter regarding this topic. I leave it in place for this reason. Thanks for putting it straight across!

[Aldo]

This foolishness has gone on for more than two months and I'm sure we all have better things to do, though it is good for a giggle.

I agree with Dan that the thread should remain as a warning to the new and unsuspecting. The thread is getting very repitituous and little, if anything, of value is being added. For that reason I posted a poll (anonymous) here to see if all agree that the post should be closed to further reply, but allowed to remain for informational purposes.

PS. Jim, thanks for your support but, after a week with no acknowledgement of my offer, I hereby withdraw my offer of ONE HUNDRED THOUSAND DOLLARS IN CASH if my specified mortgage could be eliminated. I'd have allowed the offer to stand, but I need the money for lottery tickets. Much better odds!

[Dan Auito]

This foolishness has gone on for more than two months and I'm sure we all have better things to do, though it is good for a giggle.

I agree with Dan that the thread should remain as a warning to the new and unsuspecting. The thread is getting very repitituous and little, if anything, of value is being added. For that reason I posted a poll (anonymous) here to see if all agree that the post should be closed to further reply, but allowed to remain for informational purposes.

PS. Jim, thanks for your support but, after a week with no acknowledgement of my offer, I hereby withdraw my offer of ONE HUNDRED THOUSAND DOLLARS IN CASH if my specified mortgage could be eliminated. I'd have allowed the offer to stand, but I need the money for lottery tickets. Much better odds!

Aldo, you do make sense my fine friend, my vote is in, I think after 9 votes are in whatever the majority says goes, does this sound agreeable?

[Aldo]

Dan, thanks for your support. I'd say that you are my favorite supporter but we have folks from CA here who may misinterpret that. For that reason, I won't say it.

Cool, we're two votes away from the needed majority. In the unlikely event that someONE disagrees, I've already chosen the usernames of the newbies who will vote with the majority. Remember to vote early and vote often.

[MortgageEliminationOrg]

I only printed the most important parts.

First National Bank of Montgomery vs. Jerome Daly

IN THE JUSTICE COURT
STATE OF MINNESOTA
COUNTY OF SCOTT
TOWNSHIP OF CREDIT RIVER

JUDGMENT AND DECREE

Plaintiff brought this as a Common Law action for the recovery of the possession of Lot 19 Fairview Beach, Scott County, Minn. Plaintiff claimed title to the Real Property in question by foreclosure of a Note and Mortgage Deed dated May 8, 1964 which Plaintiff claimed was in default at the time foreclosure proceedings were started.

Defendant appeared and answered that the Plaintiff created the money and credit upon its own books by bookkeeping entry as the consideration for the Note and Mortgage of May 8, 1964 and alleged failure of the consideration for the Mortgage Deed and alleged that the Sheriff's sale passed no title to plaintiff.

The issues tried to the Jury were whether there was a lawful consideration and whether Defendant had waived his rights to complain about the consideration having paid on the Note for almost 3 years.

Mr. Morgan admitted that all of the money or credit which was used as a consideration was created upon their books, that this was standard banking practice exercised by their bank in combination with the Federal Reserve Bank of Minneapolis, another private Bank, further that he knew of no United States Statute or Law that gave the Plaintiff the authority to do this. Plaintiff further claimed that Defendant by using the ledger book created credit and by paying on the Note and Mortgage waived any right to complain about the Consideration and that the Defendant was estopped from doing so.

At 12:15 on December 7, 1968 the Jury returned a unanimous verdict for the Defendant.

MEMORANDUM

The issues in this case were simple. There was no material dispute of the facts for the Jury to resolve.

Plaintiff admitted that it, in combination with the federal Reserve Bank of Minneapolis, which are for all practical purposes, because of their interlocking activity and practices, and both being Banking Institutions Incorporated under the Laws of the United States, are in the Law to be treated as one and the same Bank, did create the entire $14,000.00 in money or credit upon its own books by bookkeeping entry. That this was the Consideration used to support the Note dated May 8, 1964 and the Mortgage of the same date. The money and credit first came into existence when they created it. Mr. Morgan admitted that no United States Law Statute existed which gave him the right to do this. A lawful consideration must exist and be tendered to support the Note. See Ansheuser-Busch Brewing Company v. Emma Mason, 44 Minn. 318, 46 N.W. 558. The Jury found that there was no consideration and I agree. Only God can create something of value out of nothing.
Plaintiff's act of creating credit is not authorized by the Constitution and Laws of the United States, is unconstitutional and void, and is not a lawful consideration in the eyes of the Law to support any thing or upon which any lawful right can be built.

It's nice to know that even back when I was in my mommies arms people new the truth and did something about it.

[Aldo]

Quote: I only printed the most important parts.

There ain't no important parts in a 36 year old case. The only common thread between that case and current law is the punctuation (usually).

[neodemes]

You forgot to paste in the juicy part about the Judge being murdered:

JEROME DALY had his own information to reveal about this case, which establishes that between his own revealed information and the fact that Justice Martin V. Mahoney was murdered 6 months after he entered the Credit River Decision on the books of the Court, why the case was never legally overturned, nor can it be.
:lol:

If this case was important it would already be cited as a precedant and you'd all be home free instead of on the verge of foreclosure.

:oops:

We'll see you around, Todd. :SM080:

[Jim FL]

You forgot to paste in the juicy part about the Judge being murdered:

JEROME DALY had his own information to reveal about this case, which establishes that between his own revealed information and the fact that Justice Martin V. Mahoney was murdered 6 months after he entered the Credit River Decision on the books of the Court, why the case was never legally overturned, nor can it be.
:lol:

If this case was important it would already be cited as a precedant and you'd all be home free instead of on the verge of foreclosure.

:oops:

We'll see you around, Todd. :SM080:

Bruce, Dan, Aldo and others,
Today, on another forum, a highly respected attorney responded to something about this scam.
Rather than try to rehash it, I'll just paste it below here, for discussion purposes only of course......
Take care,
Jim FL

Here's the other post:
This con game has been passed all over the Internet as a "legal" way to pay cancel your mortgage without paying it off. The scam is "pay me $X, and I'll show you a secret system." Like the taxpayer protest scam, they cite a whole bunch of court cases that support their position. Anyone with an ounce of legal training can read the decisions and tell you that the cases cited have NOTHING do to with the proposition stated, that is:

"If the loan you borrowed was given to you by a bank that borrowed those funds, the loan is invalid".

Think about how dumb this argument is... if your lender borrowed the money it lent to you, then you don't have to pay back the loan.

Sounds familiar, like "I don't have to pay taxes because the tax system is unconstitionally illegal". The "tax protestor" scheme was shut down by the IRS and the promoters of the scheme were arrested.

Likewise, the Gov't is all over the "eliminate your mortgage" scheme:

http://www.occ.treas.gov/altlst03.htm

=========================================

Alert 2003-12
ALERT

Subject: Illegal Financial Activity
Description: Fictitious Debt Elimination Schemes

Date: October 1, 2003

TO: Chief Executive Officers of All National Banks; All State
Banking Authorities; Chairman, Board of Governors of the
Federal Reserve System; Chairman, Federal Deposit Insurance
Corporation; Conference of State Bank Supervisors; Deputy
Comptrollers (districts); Assistant Deputy Comptrollers;
District Counsel and All Examining Personnel

RE: Debt Elimination Schemes using Fictitious or Worthless Bonds,
Due Bills and Bills of Exchange

Please be advised that worthless instruments entitled “Bond for
Discharge of Debt,” “Bill of Exchange,” “Due Bill,” “Redemption
Certificate,” or other similarly titled documents continue to be
presented to financial institutions, mortgage companies, credit card
issuers, and retail establishments throughout the United States in an
effort to eliminate legitimate debts. Many of these schemes are
premised on baseless or fraudulent claims against the United States
Treasury, the Secretary of the Treasury, the Office of the
Comptroller of the Currency, the Board of Governors of the Federal
Reserve System, the Internal Revenue Service, or other federal or
state agencies. (See also OCC Alert 2003-7 and OCC Alert 99-10).

Regardless of how such instruments or documents are titled or
whether they appear authentic, they are worthless, have no legal
validity, and are not payable through the United States Treasury,
the Secretary of the Treasury, the Comptroller of the Currency, or
any other federal or state agency. The OCC is aware of the
following organizations and Web sites promoting these fraudulent
schemes:

· America’s Advantage
· eliminatemortgages.com
· goodbyemortgages.com
· mortgageelimination.net
· the7thfire.com
· Financial Dynamics
· remedywithredemption.com

The creation and presentment of these fictitious instruments may be
a violation of Title 18, Section 514, Fictitious Obligations, or
other federal criminal statutes, and any person(s) using such
fictitious instruments with the intent to discharge valid debts may
be subject to criminal prosecution.
If a fraudulent document such as those described above is presented
to your financial institution, do not return it. Instead, retain
the document and file a Suspicious Activity Report. Deliver the
instrument and a copy of the SAR to the local office of the Federal
Bureau of Investigation.

Please direct any questions or provide further information to the
attention of the OCC at:

E-mail: occalertresponses@occ.treas.gov
Mail: Office of the Comptroller of the Currency
Enforcement & Compliance Division, MS 8-10
250 E Street, SW, Washington, DC 20219
Telephone: (202) 874-4800
Fax: (202) 874-5301
Internet: http://www.occ.treas.gov


Brian C. McCormally
Director
Enforcement & Compliance Division
:SM058:

[MortgageEliminationOrg]

Oct 2003 is pretty old and doesn't refer to the Dorean Group, but I'll address it.

The Dorean Group Does not use "worthless instruments entitled “Bond for
Discharge of Debt,” “Bill of Exchange,” “Due Bill,” “Redemption
Certificate.”

DG uses a Subrogation Bond. Thanks to neodemes we have a copy of this instrument. I took the liberty of typing it out for you.

SUBROGATION BOND FOR SECURITY INTEREST

Whereas a security interest being filed against real property at xxxx February 12, 2004.

Whereas said security interest originally held by SUNTRUST MORTGAGE, INC. is subrogated to a claim upon this bond.

I, Kurt Johnson, do hereby enter myself as security for costs in the PRIVATE ADMINISTRATIVE REMEDY DEMAND, and acknowledge myself bound to pay or cause to be paid all cost which may accrue in this action, either to the opposite party, or to any of the officers or agents SUNTRUST MORTGAGE, INC., in pursuance of the laws of this State, and/or the District of Columbia.

THE CONDITIONS PRECEDENT to the stipulation and bond for release of security interest is that if claimant SUNTRUST MORTGAGE, INC., shall answer all the petitions within the PRIVATE ADMINISTRATIVE REMEDY DEMAND and receive a damage award, this bond shall remain in full force and effect. If claimant SUNTRUST MORTGAGE, INC., fails to produce a valid claim under the terms hereof together with the attached agreement, this bond shall be void for failure of specific performance.

Here is a copy: Subrogation Bond For Security Interest (http://home.comcast.net/~icufree/Bond.doc)

NOTE: The bond issued is a valid, rated instrument backed by a $120 Million Line of Credit. This is further backed by First Mutual Trust of Switzerland Established in 1918 with assets of $800 Million.

[Dan Auito]

Here's a bank fraud examiners reply to the above.

Dear Mr. Auito:
If this were true, we would all be free of debt.
Rather than debating the issues presented, I suggest that you do the following.

The information you have and the attached bond provide sufficient detail (borrower name, amount, loan number) for you present a query to knowledgeable persons in the legitimate financial world.

1. Contact SunTrust Mortgage and ask them if they accepted this item, or any other item from Dorean. They probably will not discuss the specific loan because of privacy reasons (borrower's privacy rights) but it will be your example of the situation.

2. Take this information and pose the question to your local banker, mortgage company, or other legitimate finance individual.

3. Take this information and pose the question to a professor of finance/economics at a university or college.


Based on the information I have, none of these "debt elimination/subrogation/etc programs" are a legitimate process for paying off your debts, if they resemble the following description, including clubs that attempt to portray themselves as "investment advisors" or some other such source of fictitious financial advice.
Any group, individual or company that states that they can eliminate your debt, by you paying them a relatively small fee,
and without you providing sufficient funds to pay off the debt, is perpetrating a fraud.
This is commonly known as an "up-front-fee" scheme.
These schemes are not new, just the latest version of the up-front-fee scam, perpetrated with the speed and broad coverage of the internet. The subject line for Alert 2003-12, Fictitious Debt Elimination Schemes, dated October 1, 2003, is:
Re: Debt Elimination Schemes using Fictitious or Worthless Bonds, Due Bills and Bills of Exchange (emphasis added)
Alert 2003-12 remains applicable to all such situations.

The same information you provided in your email, and other negative comment, were also posted at:
http://www.thecreativeinvestor.com/ViewTopic36968-12.html
Sincerely,
William C. Kerr
National Bank Examiner- Fraud

[Aldo]

Based on your 9 vote point of decision, we lost 5/4. Since none of the administrators voted "Yes", and none of the other "Yes" votes count, we win. I love your logic. Keep that up and you'll have your own web site some day.

This thread has been a lot of hogwash and my hog doesn't need washing. But, she does complain if supper is late.

[Dan Auito]

Based on your 9 vote point of decision, we lost 5/4. Since none of the administrators voted "Yes", and none of the other "Yes" votes count, we win. I love your logic. Keep that up and you'll have your own web site some day.

This thread has been a lot of hogwash and my hog doesn't need washing. But, she does complain if supper is late.

It has been looked at ten ways to sunday, really it is time to move on, hope everyone can live with the decision, actually I wasn't paying close attention Aldo and inadvertently thought the 5/4 vote was in favor of closing it. I think some guiding hand stepped in and voted it closed when I wasn't looking. Now let's find a hog worth washing. :tongue: