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Satisfaction, Release or Cancellation of Mortgage by Individual Alabama Form

Satisfaction, Release or Cancellation of Mortgage by Individual Alabama Form

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hey guys this is John Watson a foreclosure defense lawyer in Alabama and I want to follow up on the last video I did about sort of these individuals maybe through a company or a trust but basically individuals buying old second mortgages and then they they show up and maybe you haven't made a payment in five years maybe it's been discharged for five years in bankruptcy and they show up and I thought it might be good to give you some examples so some of this comes from cases we've had some of this comes from as I read their blogs as I listen to these guys on podcasts and just hear them talking and it's very interesting but mainly these are from actual cases we've had where the the owner let's say it's you know Susie the CPA in New York City and she's bought your second mortgage it's a $50,000 second mortgage and she paid $10,000 for it you haven't paid on it in many years and so she'll say to herself

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