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A Long Island couple is home free after an outraged judge gave them an amazing Thanksgiving present -- canceling their debt to ruthless bankers trying to toss them out on the street.
Suffolk Judge Jeffrey Spinner wiped out $525,000 in mortgage payments demanded by a California bank, blasting its "harsh, repugnant, shocking and repulsive" acts.
Originally posted by conspiracyrus
agreed, This is one of those things were i saw it and said ... what? that doesnt happen in america anymore ... the people winning? Its a comforting article
Originally posted by jam321
Banks are ruthless when it comes to collecting their debts.
Originally posted by Aggie Man
When someone owes money and won't pay...how would YOU collect your personal debts? I would go to no end...even get shady characters involved if need be...wouldn't be the first time.
Originally posted by MBF
What if you do NOT owe somebody and they still demand payment?
Originally posted by PhoenixDemon
I don't think Aggie is "defending the government".
I think it comes down to we live by a system of laws. Just because the law isn't good or you don't like it doesn't mean you ignore it. If its a bad law you work to get it changed.
I do agree that contracts should be written so that anyone with a high school education should be able to understand it.
But don't you see the slippery slope that this case takes us onto? A judge who doesn't like how someone is treated, regardless of the activity being LEGAL can override the law and do what that judge pleases. Look at the power you would be giving to the bench.
I understand everyone wants to crush the evil banksters...But this is not the way.