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2012-05-20 — mfi-miami.com
There are two probable reasons why Chase isn't pursuing this. Â The loan was insured and JPMorgan Chase got paid off by the insurance policy or they felt that if the matter was litigated they couldn't prove enough of an ownership interest in the note and/or mortgage under Florida law to legally foreclose. Â So that begs the question, is this debt legitimate?
The Collier County Sheriff's office is sophisticated enough to know this. Â Michael Kovar's termination sounds more like a case of the department wanting to terminate his employment using this as an excuse.
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Comments:
punstress at 03:43 2012-05-21 said:
The bank doesn't pursue most of these because they can't justify expending legal resources on cases where they don't expect to collect. Not only does the guy probably not have $500,000 sitting around, he no longer has a paycheck to garnish. Permalinkadd a comment | go to forum thread
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