Legal Question in Banking Law in California

bad loan part 3 conclusion

in the meantime i did a prop58 at the recorders office which is a removal of the particular problematic relative- basically called parent to child transfer

in the meantime the bank collects the money of the faulty loan from its title company and leave the title company crossed eyed holding the bag! not telling the title company all the bad thing the bank did!

you guessed it- the title company is suing me for fradualant transfer when the loan was never recorded!

lastly- my relative 2 and half years ago signed the loan docs as family trust- the property in question was NEVER In trust - the bank the whole time accidentally assumed the property was in trust name - but other properties my relative has should have been taken as actual collateral to safeguard the bank on this!

so beside get a lawyer - i know that

what will the title do to me -when i have never signed a single piece of paper work - they should go after my relative only!

-so come on you lawyers write me a long narrative! the title company already has a lis pnedens on me now!


Asked on 9/26/08, 6:20 am

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: bad loan part 3 conclusion

First of all, you misapprehend what LawGuru is. We are volunteers. None of us owes you a "long narrative." You have a big shaggy dog story, and lawyers charge money to digest big shaggy dog stories and hopefully fix the problems. You filed land title documents with the county recorder without consulting a lawyer to find out what the legal consequences would be. Now you will need to retain a lawyer to try and put the toothpaste back in the tube.

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Answered on 9/26/08, 11:29 am


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