Bankrupt Casey Anthony interviewed by KPHO CBS in Phoenix #2

[Intermezzo]

I'm not used to thinking in devious ways like them, so when they do something that makes no sense I can't figure it out!

Some believe defaulting on a mortgage is not a moral thing to do others think it's a contract, a business deal and deals can be broken and attach no morals or values to it.

Strategic Default, walking away and Stealth Stimulus began with the mortgage crisis and i would say is still going on in the US.


http://articles.sun-sentinel.com/20...florida-banks-shari-olefson-collection-agency January 10, 2011
Bank can go after other assets in Florida if you default on mortgage

In Florida, banks can go to court for a "deficiency judgment" to collect the rest of the money owed on a mortgage after foreclosure, said Anthony di Marco, vice president of the Florida Bankers Association.

Banks can pursue other assets with that judgment. They can file a lien on your boat or car. But "they can't jump priority on a loan," so the lender for that boat or car has first dibs to collect, di Marco said.

But banks pay more attention to borrowers with multimillion-dollar homes or businesses that default on big commercial properties.

There's another risk for smaller borrowers later. Banks may sell their deficiency judgments to a collection agency. The judgments are valid for up to 20 years. That leaves an agency focused on collections ample time to come after you for the balance still due, she said.

 

[Intermezzo]

But why then default, they could lose the house and so the remodel was for someone else? Next owner?

Just a guess, but they may have confidence that they will not lose the house..

I foresee another re-negotiation of the mortgage on the horizon..

 

[Intermezzo]

http://abcnews.go.com/blogs/headlines/2013/11/casey-anthonys-parents-face-foreclosure-on-home/

Mark Lippman, who represents Cindy and George Anthony, stated that he was aware of the suit.

“We know it’s out there, but I haven’t been served yet, so we will see,” Lippman told ABC News today. “We may be able to get it dismissed.”

NationStar Mortgage and their attorney could not be reached for comment.

 

[zippitydoda]

I suspect that one would have to produce verifiable income to ensure future loan payments on a refi - or why would a bank bother? And if you have a bad track record of past loan obligations, I don't know how one could refinance these days.

My HOA has proposed a service through an agency that rents out abandoned homes, in order to recoup their past due association fees. It is legal and there are many companies that specialize in this service - so I don't believe its so much of a free for all to do whatever and stay as long as you want these days.

What if they have hit bottom? I can only hope that these three are stuck with each other forever - and I picture them standing in a circle, pointing fingers at each other while screaming - "its all your fault! no its all you fault! no its all your fault!" - till infinity and beyond.

Or maybe they will all move in with Mr. Lippman?

 

[ThinkTank]

http://abcnews.go.com/blogs/headlines/2013/11/casey-anthonys-parents-face-foreclosure-on-home/

Mark Lippman, who represents Cindy and George Anthony, stated that he was aware of the suit.

“We know it’s out there, but I haven’t been served yet, so we will see,” Lippman told ABC News today. “We may be able to get it dismissed.”

NationStar Mortgage and their attorney could not be reached for comment.

I don't know what is true, but I kinda doubt that attorney's word.
I think he may be playing word games.

The docket says 6 Summons have been issued electronically, as of Nov 5th.
Maybe that is different than being officially "served"? I don't know.

 

[ThinkTank]

I was just reading on another site that George has lost his job again...?

Do they say anything about Cindy? such as is Cindy around the house all day, not holding a job?

Wonder if he lost the job, or voluntarily gave it up because he no like workey?

 

[watcher9]

I don't remember if they refinanced for amount owed or added extra in to cover other expenses. Either way, when they don't make a payment, are there any late fees applied?

One thought I just had was what if it went into foreclosure and they negotiated a new loan based on the current value (say $50-60,000)? They could then make payments out of unemployment income or just use some of Dr Phils donation and pay the whole loan off?

If it did happen like that, would the difference between the old loan and the new loan be absorbed as a loss by the loan company or would it be assigned to the Anthonys as income/profit for tax purposes?

 

[ThinkTank]

George Anthony has not worked at QUINCO since before summer.
He is at home all day working in the garage, and refurbishing toy wagons and cars which he sells on EBAY or from his home.

And their attorney Mark Lippman says they have not been served with the Foreclosure suit yet, and he may get it dismissed.
The docket says six "Summons have been issued electronically", as of Nov 5th.

The Anthonys have not paid their mortgage payments since January 2011 - yet they continue to do expensive remodeling inside and out their home on Hopespring Dr., and they drive new vehicles, and lease a condo for Casey...

they did a $ 15,625 bathroom remodel in December 2011.
Building permit
https://docs.google.com/file/d/0B7DjeAMt_BpIeGRVNC1KcjJNTlk/edit?pli=1

It has been observed that:

The Anthonys have recently planted new sod in the front yard

put in a new cement sidewalk around the pool [where Caylee "drowned" according to Casey and Baez]

put in new stainless Steel appliances

put in new fence

put in new lighting around the shrubs, trees, fence and pool.

put on a new side door to the garage

----------------------------

FORECLOSURE DOCKET

Case No. 2013-CA-013266-O
NATIONSTAR MORTGAGE LLC vs. ANTHONY, CYNTHIA M.et al.
Orange County Clerk site

-----------------------------

Attorney Mark Lippman comments to ABC

http://abcnews.go.com/blogs/headlines/2013/11/casey-anthonys-parents-face-foreclosure-on-home/

 

[Intermezzo]

I don't know what is true, but I kinda doubt that attorney's word.
I think he may be playing word games.

The docket says 6 Summons have been issued electronically, as of Nov 5th.
Maybe that is different than being officially "served"? I don't know.

Thinking out loud...
Why would Lippman be expecting to be served?



Defendant ALL UNKNOWN PARTIES

Defendant ANTHONY, CYNTHIA M.

Defendant ANTHONY, GEORGE A. Also known as ANTHONY, GEORGE

Defendant CHICKASAW OAKS PHASE THREE HOMEOWNERS ASSOCIATION

Defendant UNITED GUARANTY RESIDENTIAL INSURANCE COMPANY OF NORTH CAROLINA

Defendant UNKNOWN PARTIES IN POSSESSION 1

Defendant UNKNOWN PARTIES IN POSSESSION 2

Plaintiff NATIONSTAR MORTGAGE LLC

 

[Intermezzo]

I suspect that one would have to produce verifiable income to ensure future loan payments on a refi - or why would a bank bother? And if you have a bad track record of past loan obligations, I don't know how one could refinance these days.

My HOA has proposed a service through an agency that rents out abandoned homes, in order to recoup their past due association fees. It is legal and there are many companies that specialize in this service - so I don't believe its so much of a free for all to do whatever and stay as long as you want these days.

What if they have hit bottom? I can only hope that these three are stuck with each other forever - and I picture them standing in a circle, pointing fingers at each other while screaming - "its all your fault! no its all you fault! no its all your fault!" - till infinity and beyond.

Or maybe they will all move in with Mr. Lippman?

BBM
I heard years ago that Banks who had foreclosed on homes were considering Renting the homes. And because of the extraordinary market conditions even the Feds gave the green light for Banks to rent out these homes if they wanted to

Still, there are homes sitting empty, abandoned and some have sat empty so long that they may have to be demolished due to Florida's environmental factors and other factors...2 homes(less than 8yrs old) in my previous subdivision were demolished.

I think come HOA are trying to combat the issue with some creative ideas..hopefully the lenders who own the homes allow such ideas to be carried out.

 

[ThinkTank]

Thinking out loud...
Why would Lippman be expecting to be served?



Defendant ALL UNKNOWN PARTIES

Defendant ANTHONY, CYNTHIA M.

Defendant ANTHONY, GEORGE A. Also known as ANTHONY, GEORGE

Defendant CHICKASAW OAKS PHASE THREE HOMEOWNERS ASSOCIATION

Defendant UNITED GUARANTY RESIDENTIAL INSURANCE COMPANY OF NORTH CAROLINA

Defendant UNKNOWN PARTIES IN POSSESSION 1

Defendant UNKNOWN PARTIES IN POSSESSION 2

Plaintiff NATIONSTAR MORTGAGE LLC

Lippman represent the Anthonys, so the summons for Cindy and George should be served on their attorney, rather than on themselves.

I'm wondering if "Summons issued" means the same as "being served"?

 

[?noanswer]

Lippman represent the Anthonys, so the summons for Cindy and George should be served on their attorney, rather than on themselves.

I'm wondering if "Summons issued" means the same as "being served"?

I think the atty for the suing party issues a summons and then a process server serves it to the parties being sued.

JMO

 

[RR0004]

So how long did they actually pay their newly refinanced mortgage? A matter of months? That tells me that good 'ole Mr. Lippman didn't negotiate in good faith...if you ask me (which nobody has...lol). Maybe C and G should hook up with some of Casey's friends.
No, IMHO, something is definitely up.
Oh, and is Mr. Lippman representing the Anthonys for free? Must like getting his name out in the press.

 

[ZsaZsa]

Do they say anything about Cindy? such as is Cindy around the house all day, not holding a job?

Wonder if he lost the job, or voluntarily gave it up because he no like workey?

Maybe it's just me but I assumed Cindy would never work again.... I just can't see her doing anything other than "milk the system" as Casey explained. She can hold yard sales, but can't go out and support herself?

George's work history speaks for itself, I think. This job was handed to him by their friend David Deese, so maybe there is a rift in the friendship too?
I had heard that Deese was Casey's sugar Daddy, but who knows?

Maybe the 'Event planner' can give them some hints on finding work? :blushing:

 

[ThinkTank]

So how long did they actually pay their newly refinanced mortgage? A matter of months? That tells me that good 'ole Mr. Lippman didn't negotiate in good faith...if you ask me (which nobody has...lol). Maybe C and G should hook up with some of Casey's friends.
No, IMHO, something is definitely up.
Oh, and is Mr. Lippman representing the Anthonys for free? Must like getting his name out in the press.

The Dr. Phil $ 600,000 went into the newly created CayleeFund Foundation, then distributed to Lippman, the Anthonys, and another charity.

ZsaZsa found out that the Dr. Phil money was split up this way:

$125K went for legal expenses,
$100K was dispersed to charities when the fund closed down,
and the remaining $375K was in the Anthonys hands.....

That means Lippy was paid out of the Dr. Phil money for his legal work for the Anthonys from when he came on board after Conway quit on August 16, 2010, up until July 2011 Dr. Phil money was dropped in their laps.

Wonder how Lippy expects to get paid this time around?

 

[ThinkTank]

Cindy Anthony meets with top Financial Advisor
July 11, 2011

Cindy and George filmed the Dr. Phil show about July 2011 [it aired in September] and got $ 600,000.
CayleeFund charity is created July 19, 2011, by Lippman and George and Cindy get money out of that before dissolving it.
George and Cindy have a NEW red Jeep in July 2011
Then Cindy meets with a financial advisor in July 2011
and does a $ 15,625 remodel of the master bathroom in December 2011
and Cindy and George do extensive remodeling inside and outside their home, and take vacations [August 1, 2011], riding FIRST CLASS with their attorney Lippman, and lease a condo for Casey [Nov 2012 - May 2013], and buy and sell on EBAY
but opts to NOT pay their mortgage payments since January 2011!!

http://webcache.googleusercontent.c...d=1&hl=en&ct=clnk&gl=us&source=www.google.com

INSIDE EDITION

COULD CINDY ANTHONY PROFIT FROM CASEY ANTHONY'S TRIAL?
Airdate: 7/11/2011
Casey Anthony's mother Cindy was spotted meeting with a top Florida financial advisor.
Her sit-down with J. Michael Bass, president of PrimeQuest Wealth Strategies, is triggering speculation she may have signed a lucrative book or movie deal.

 

[Hez]

Maybe it's just me but I assumed Cindy would never work again.... I just can't see her doing anything other than "milk the system" as Casey explained. She can hold yard sales, but can't go out and support herself?

George's work history speaks for itself, I think. This job was handed to him by their friend David Deese, so maybe there is a rift in the friendship too?
I had heard that Deese was Casey's sugar Daddy, but who knows?

Maybe the 'Event planner' can give them some hints on finding work? :blushing:

BBM - When did Casey say this? She's one to talk. She and her slimy cadre of lawyers wrote the book on how to milk the system. The only 'event'
Casey ever planned was murdering Caylee. :banghead:

 

[ThinkTank]

Maybe it's just me but I assumed Cindy would never work again.... I just can't see her doing anything other than "milk the system" as Casey explained. She can hold yard sales, but can't go out and support herself?

George's work history speaks for itself, I think. This job was handed to him by their friend David Deese, so maybe there is a rift in the friendship too?
I had heard that Deese was Casey's sugar Daddy, but who knows?

Maybe the 'Event planner' can give them some hints on finding work? :blushing:

Letters Casey wrote to her prison pal Robyn Adams

http://www.wesh.com/download/2010/0406/23069066.pdf

page 32 - 3 page letter Feb 12, 2009

page 50 - "People like my Mom who is still milking her leave-of-absense, at least she still was last month, should be grateful to have a job. Neither of my parents are working - my Dad quit or got fired back in November, never mentioned it to my Mom, but kept disappearing day and night, never telling her where he was going, what he was doing or who with. Too many questions unanswered...."

page 51 - KC complains about Cindy bringing wrong clothes for her to wear to court. ...."my Mom is going to be escorted to court on Friday, via a friend of hers directly connected to the Today Show."

 

[noonie]

This family is one big screwed up mess!

 

[charok]

Cindy Anthony meets with top Financial Advisor
July 11, 2011

Cindy and George filmed the Dr. Phil show about July 2011 [it aired in September] and got $ 600,000.
CayleeFund charity is created July 19, 2011, by Lippman and George and Cindy get money out of that before dissolving it.
George and Cindy have a NEW red Jeep in July 2011
Then Cindy meets with a financial advisor in July 2011
and does a $ 15,625 remodel of the master bathroom in December 2011
and Cindy and George do extensive remodeling inside and outside their home, and take vacations [August 1, 2011], riding FIRST CLASS with their attorney Lippman, and lease a condo for Casey [Nov 2012 - May 2013], and buy and sell on EBAY
but opts to NOT pay their mortgage payments since January 2011!!

http://webcache.googleusercontent.c...d=1&hl=en&ct=clnk&gl=us&source=www.google.com

INSIDE EDITION

COULD CINDY ANTHONY PROFIT FROM CASEY ANTHONY'S TRIAL?
Airdate: 7/11/2011
Casey Anthony's mother Cindy was spotted meeting with a top Florida financial advisor.
Her sit-down with J. Michael Bass, president of PrimeQuest Wealth Strategies, is triggering speculation she may have signed a lucrative book or movie deal.

now THAT (CA) having a even remotely possible book or movie deal even in the rumor mill is very troubling to me.
kinda interesting too they can get the new little red jeep, the remodeling on indoors and outdoors as well as leasing the condo for daughter dearest (sarcasm) with dr phil's $ but yet didn't think to pay ( what is it? the house payments? the HOA fees?) for their own house? ( is there an icon for a dunce hat?)
despite this "facing foreclosure" latest headline news somehow i think their teflon daughters "skate by" and "get away" with it tendencies will have passed to her parents too and somehow some way they will get bailed out and keep their house...if not, and the a's can't escape karma's arm this time and lose their house- long time coming!