Judge in New Jersey may STOP ALL foreclosures - He has Ordered the there be a Special Hearing on Jan. 19 2011 !!! This is HUGE!

THIS IS HUGE!  New Jersey is a Judicial Foreclosure state.   A judge has put out an order to have a special hearing on January the 19th 2011 with all foreclosure plaintiffs for review of their paperwork and foreclosure practices.  He states he may STOP ALL FORECLOSURES!

He may appoint a special master to over look at foreclosure paperwork for fraud!

Now if we can only get the non-judicial states judges to start looking at the paperwork!

n101220c

New Jersey Class Action Suit AGAINST Bank Of America Just Filed - (MERS)

A Class Action Suit Against Bank Of America (MERS bank) was just filed in New Jersey!

This suit is directly against Bank of America compared to encompassing all MERS banks.

UNITED STATES DISTRICT COURT
FOR THE DISTRICT OF NEW JERSEY

Tanya Beals, on behalf of herself and all
other persons similarly situated

VS.

Bank of America, N.A, BAC Home Loans
Servicing, L.P., a wholly owned subsidiary
of Bank of America, N.A., LaSalle Bank,
N.A., John Does 1-10

Excerpts:

Defendants Have Consistently Demonstrated a Willful Disregard
for the Procedural Safeguards Entitled to All Borrowers

Defendants Routinely Act in Bad Faith and in Breach of Contractual
Obligations During the Course of their Settlement Negotiations with Plaintiffs

FIRST COUNT
(Fraud)

SECOND COUNT
(Violation of the New Jersey Consumer Fraud Act
codified at N.J.S.A. §§ 56.8-1, et. seq.(NJCFA))

THIRD COUNT
(Breach of Contract)

FOURTH COUNT
(Breach of the Covenant of Good Faith and Fair Dealing)

FIFTH COUNT
(BREACH OF IMPLIED CONTRACT)

SIXTH COUNT
(Quantum Meruit)

SEVENTH COUNT
(Violation of the New Jersey Fair Foreclosure Act)