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To: Members of Congress and all State Attorney Generals, PLEASE launch probes of manifest false IRS form 1099-A’s derived from sham foreclosures!

NON-LEGAL FORECLOSURES filed DELIBERATELY in courtrooms are for reasons such as: false 1099-A's tax advantages; repeated property flipping (which leads to blighted neighborhoods); and Bankruptcy Court false motions to “Lift Stay” to achieve SIMULATED AUCTIONS. As such, loan modification is not in their interests. . .Ongoing USA news reports of court judges who dismiss foreclosure cases because of no proof of owning notes is not always a coincidence, or mistake!

Deliberately false foreclosures also name defunct mortgage companies or companies which no longer hold the notes; and contain illegally affixed fees in excess of “Acceleration Clauses,” which makes it even harder for people to re-pay arrears. If property owners sue for “Unfair Debt Collection Practices,” attorneys make more even $$$ through protracted litigations –which Wall Street Investors often incur the tab.

For example, a mere look at Wells Fargo’s false1099-A's will expose various White Collar real estate & foreclosure fraud (carried out for years) –likely, another S&L mess! For CASE STUDY facts and proof, see:

http://www.lawgrace.org/2008/08/08/my-august-8-…

http://www.lawgrace.org/2008/09/14/lehman-broth…

Barbara Ann Jackson
Law & Grace, Inc