Comments on: “Wells Fargo Bank Sues Itself” https://www.overlawyered.com/2009/07/wells-fargo-bank-sues-itself/ Chronicling the high cost of our legal system Wed, 15 Jul 2009 00:53:12 +0000 hourly 1 By: wacker https://www.overlawyered.com/2009/07/wells-fargo-bank-sues-itself/comment-page-1/#comment-54274 Tue, 14 Jul 2009 06:04:06 +0000 http://overlawyered.com/?p=12252#comment-54274 This is the way foreclosure law is set up in Florida. The person/business foreclosing has to sue the other mortgage holders in the process of getting a clean deed to the real estate.

This suit allows the Florida court system to validate the authenticity of each claim.

The suit also asks for the court to rule in the first mortgage holder’s favor to receive the property deed free of all encumberances….so they can sell the property to recoup the amount of the outstanding loan.

]]> By: Dennis https://www.overlawyered.com/2009/07/wells-fargo-bank-sues-itself/comment-page-1/#comment-54195 Mon, 13 Jul 2009 13:26:25 +0000 http://overlawyered.com/?p=12252#comment-54195 Phaedrus :

On the bright side, Wells Fargo is guaranteed to win.

… Or loose. Or …

[WHACK] Thanks. I needed that.

]]> By: Phaedrus https://www.overlawyered.com/2009/07/wells-fargo-bank-sues-itself/comment-page-1/#comment-54169 Mon, 13 Jul 2009 06:37:04 +0000 http://overlawyered.com/?p=12252#comment-54169 On the bright side, Wells Fargo is guaranteed to win.

]]> By: ps https://www.overlawyered.com/2009/07/wells-fargo-bank-sues-itself/comment-page-1/#comment-54168 Mon, 13 Jul 2009 06:34:51 +0000 http://overlawyered.com/?p=12252#comment-54168 It was bound to happen. It would be nice to see a few law firms sue themselves out of existence, too.

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