U.S. Bank: Many Names, Many Creditors — the ultimate shell game

Livinglies's Weblog

U.S. Bank, Trustee of What?

U.S. Bank shows up in many foreclosure cases and many cases that go into litigation. I believe they are allowing the use of their name for a fee and that they have little or nothing to do with most of the cases where their name is used. A little discovery might cover that and a challenge to the attorney as to proving that he represents U.S. Bank as they have portrayed themselves would be a useful tactic.

One case in Florida U.S. Bank portrayed itself as the holder of the note. In the end the attorney who appeared for U.S. Bank admitted under questioning from the Judge that U.S. Bank was not the holder, was not a trustee, and that the attorney had no idea whether he actually represented U.S. Bank because he never had any contact with them.

In bankruptcy court, which is confusing…

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