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Georgia
1 Comments in Response to Banks Lose to Deadbeat Homeowners as Loans Sold in Bonds Vanish
The comments made in this article by people that shoulde have known the law such as a waste of time to bring the original note into court are startling to me. These people should know that a court is just a Government corporation not much differnet than any other corporation. The Uniform Commercial Code is very clear on this that no one person or entity can enforce a contract if they are not holder in due course which means they have to be in possesion. No contract no right to foreclose