Securitization as a Defense to Collection Lawsuits Part 2

Here, Brian finishes up his supplement series on "securitization as a defense" with debt buyer and "fintech" cases. The securitization of debt, while good for the economy, is bad for debt buyers and collectors as with the fintech model of personal loan financing, there are many owners or assignees of the original debt. Mostly weird sounding secured trusts claim ownership but with no proof. Which is a problem for the debt buyer which has to show all assignments or owner Bill of Sales to prove they own the debt they sue you upon. This new pretzel litigation of ownership is another way to show that the company suing you has no standing or the right to sue you. Good viewing and good luck. Support the showDisclaimer: Please remember that anyone viewing or listening to this information, podcast and/or video is not being invited to create an attorney-client relationship in any way. This is strictly informational to assist anyone who needs to be pointed in a direction similarly as one would do any research. Though I am a proud member of the State Bars of Florida and Michigan, this is a source of research and insight into how Brian Parker's mind operates and how he perceives the practice of law when it is used for the benefit of victims Mr. Parker does represent. Take what you need knowing I am not practicing law for you or anyone else in any state through this medium or media. I am sharing and caring. BPP