A Bankruptcy Nightmare – “This story is Just Crazy!”

By Sydney Sullivan

ashamed-americaJust when you think you’ve heard it all – and it just couldn’t get any worse than the last case… Well, in all honesty the following shockingly sad story is true – but if you have high blood pressure or a weak stomach for incompetent attorneys, or judicial conspiracy – you may not want to read or listen to it right before you go to bed because it contains facts and rulings that some readers and lawmakers may find disturbing.

Let’s start first with the disclaimer that not all attorneys or judges are created equal. And as Honolulu foreclosure defense attorney Gary Dubin puts it – “this story is just crazy” – it is morally bankrupt from top to bottom. This is a saga about a homeowner that was not in default, was sued in a falsified foreclosure action, the bank admitted it made mistakes, the homeowner retained attorneys that filed the homeowner in a Chapter 7 bankruptcy (liquidation) when she had no debt (apparently not the best move?) – (BTW the link to Bar Grievances in on the DC front page right hand sidebar) – and the judges in both the bankruptcy and circuit courts ignored the fraud filed in their courts and ruled against the homeowner.

Dr. Amanda Tucker invested in real estate – like millions of other Americans, Dr. Tucker thought she understood real estate, as opposed to the stock market. Little did we know – it was all operated by Wall Street investment banks and the largest securitization Ponzi scheme in history. This story stems from a property Dr. Tucker owns on Maui, Hawaii. Rather than repeat the story second hand, Gary Dubin had Dr. Tucker tell the story on his radio / Internet show,THE FORECLOSURE HOUR, last Sunday. Click HERE to listen (and have your medication handy).

LISTEN Button

taser-StatuteLibertyEven the bank President calls into Mr. Dubin’s radio show in support of Dr. Tucker and states she was never in default. Where did this all go wrong? You listen and you decide – but there’s a cast of characters that you’ll feel like you want to hook up to a polygraph and taser in order to get some answers for exactly why and how this happened.

You know, maybe its time for Dick Wolf to write another series to follow Law & Order… how about calling it “Unjustice” or “Foreclosure Quicksand” –  whad-dah ya think, Dick?

We’ll be following this story – your thoughts and comments, as always, are welcomed!

Gary Dubin’s –The Foreclosure Hour is heard every Sunday at 3 p.m. (HST), 8 p.m. (EST) on KHVH Radio and Internet stream. Click HERE to listen to other podcasts.

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