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2011-11-28 — forbes.com
" Wells Fargo versus Allen County emphasizes a point that John Walker ,who blogs on commercial foreclosure, made. He pointed out that the system presents a hazard to secured lenders, since the tax deed obliterates all existing liens and the rules about providing notice to secured lenders are a little sketchy. That's what brought Wells Fargo into the Indiana Appeals Court on two properties that went to tax deeds. "
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