South African born currently living on the island of Malta and i love the Lord Jesus
Right to so folk who have debt benefit and have it wiped out. What about folk who dont have debt or chose not to have debt how do they benefit
Finally glad to know I haven't been crazy all these decades.....found my people!
Our mortgages are long term receivable assets on the banks’ balance sheets…. Assets of failing/bankrupt entities are sold off. We will pay our mortgage to the purchaser.
Patriot dad of two beautiful babies. Fighting for truth and justice. Fighting for peace.
We should cut back on pre-shredded cheese and Make America 'Grate' Again.
How you get the Title for your house tho? Guess everyone will just claim Squatters Rights when the Mortgage Companies fail.
Graphic Artist & Illustrator - Authorized Minister - US Navy Wife - Former Instructor - US NAVY TAP - CEO - Proud Patriot - #Arkansas
Titles no longer exist. You will never see a title as these original documents you signed at closing were scanned into a server and then destroyed. THEY allowed that server to FLOOD during a hurricane effectively losing millions of mortgage deeds and titles ON PURPOSE. You were never going to own your home outright.
One wealthy man with deep pockets discovered this and stopped paying on his mansion on purpose. He called FOUL PLAY. In court his lawyers demanded the ORIGINAL closings signed in blue ink! They don't have them. He won! He didn't have to pay for his mansion. But he warned it cost him a lot in legal fees.
You see, without a Deed or Title, the contracts are void and you can't go backwards to make a title on a mortgage WITHOUT the original documents signed in blue ink.
So... many will be sitting very well in their homes.
Communism is a dystopia. Capitalism is a utopia. Also learning to be multilingual :)
No.
All debt(usury) is illegal
YES! The loan will get taken over and sold. You still have to pay it.
Graphic Artist & Illustrator - Authorized Minister - US Navy Wife - Former Instructor - US NAVY TAP - CEO - Proud Patriot - #Arkansas
You still have a mortgage. The FDIC steps in to run the bank to include collecting money for credit obligations., i.e. credit cards, mortgages, auto loans. recreational vehicles, lines-of-credit...
They will sell off tangibles and intangibles to settle debts the bank owes creditors.
It's a MESS.
Absolutely not!
I look forward to a future where I can learn the truths of the past.
That's what I'm hoping for (tick tock Nat West, tick tock...)
May you trust God that you are exactly where you are meant to be. May you not forget the infinite possibilities that are born of faith.
I'm a patriot. I am here to learn & share the truth. I am looking forward to President Trumps return & the Great Awakening.
Oh wow...I didn't even think of that.