Truth-In-Lending Violations Pushes Consumer to Seek Equal Justice

LOWELL, Mass. --- When Pierre Augustin of Lowell, Massachusetts, became a victim of predatory lending, he could not have foreseen that his timely legal objections and defenses to stop a fraudulent foreclosure action would be ignored by the mortgage company.


“An impatient beneficiary under a will murder the testator. Should he be permitted to inherit?”
That quotation is “drawn from the New York Decision of Riggs v. Palmer in 1899. The will in question was validly executed and was in the murderer’s favour. But whether a murderer could inherit was uncertain: the rules of testamentary succession provided no applicable exception. The murderer should therefore have a right to his inheritance. The New York Court held, however, that the application of the rules was subject to the principle that ‘no person should profit from his own wrong’. Hence, a murderer could not inherit from his victim.”


Likewise, that mortgage company [cannot be allowed] to profit from the Predatory Lending practices and to continuously defying, trampling and usurping the rule of law said Mr. Augustin. The above mentioned quotation substantiate what Mr. Augustin’s has been arguing in his pleadings and motions (Case# 06-10368, Federal District Court & Case# 07-1705, First Circuit of the Court of Appeals of Boston, Massachusetts). Incidentally, the original mortgage lender has filed for bankruptcy.

Augustin, who uncovered during the course of his bankruptcy proceedings (Case# 05-46957, Bankruptcy Court, Worcester, Massachusetts) has timely and legally invoked the Truth-In-Lending Act (TILA) right of rescission pursuant to 15 U.S.C. §1635 to protect his property rights. TILA is a remedial statute, enacted by Congress, designed to protect and to defend consumers’ property rights such as Augustin’s. The law firm providing representation to the mortgage company is Partridge, Snow and Hahn, LLP, Providence, Rhode Island, Tel. (401) 861-8293.


Augustin is alerting the public and public officials in order to stop this illegal foreclosure since all other remedies, reasonable and good faith efforts have failed. The auction sale has been postponed and is now scheduled on May 23, 2007 and will be irreversible, rendering any subsequent and pending legal actions moot. Pierre Augustin can be reached at 617.202.8069. Visit http://rcxloan.com/Civil_Action__BK__Motion_14.htm to learn more.


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Pierre Augustin

CFE

rcxloan.com

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