Blaize McMonagle, a Florida homeowner who had one of 300 foreclosure cases heard in a courtroom during three days this week, said the judge sped through his case without a chance to defend himself.
McMonagle, 30, bought his home in Winter Springs, Fla., in October 2007, but fell behind in his mortgage payments when he was laid off from his job as a sales person at an aviation company in January 2008. He was able to pay for several months from his savings until July 2008. His bank put him in default in August-September.
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This is laughable.
ReplyDeleteHe has not paid his mortgage in years, and yet, he feels he can defend this? HOW?
I am not aware of banks having to work with anyone who has signed a valid legal contract. They can opt to work with customers but I doubt they are legally bound to do so.
If I am wrong in thought, please feel free to explain it.