"If I understand George's scenario...the home owner is filing a questionable claim for no other purpose that to get out from under a foreclosure action filed by his lender...isn't gonna happen"
Care to sport a little wager on that Mr. Ahern? =) Somewhere some attorney is brewing up methods to sue someone. He is sitting there in his little office trying to figure out the next best scam.
Anyone seen this ad recently?
"Have you lost a large sum of money in the stock market?" If you have, please call Blah blah blah, Attorney at law, you may be entitled to damages!"
You'd think the pinnacle of caveat emptor, The Stock Market, would be exempt from civil claims, think again.
The problem I see Mr. Ahern, is that with the current state of title issuance, chances are a good portion of those filing those exploratory claims, are gonna find a defect, and some enough to garner a pay-off.
How many Rx suits actually pan out? Very little right? But it doesn't stop the attorneys from providing that hope to their wouldbe clients does it? Mark my words is all I'm sayin'.
George
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