Tuesday, February 13, 2007

The Worm Turns


Hot of the IAFF blog:
State: New Mexico ...
Deficiency: The lender may pursue a deficiency judgment.
...So yes, looks like I may have a deficiency judgment to worry about as a result of tomorrow’s foreclosure. I wonder if that means BOTH the first and the second can sue me for deficiency or just the foreclosing lender. I also wonder if the lenders ALWAYS pursue a deficiency judgment or if sometimes they don’t bother with it. Anybody know?


Gee, sport. What do YOU think?

State: California
Non Judicial: Used most often by lenders because deficiency judgments not available to them in most cases. The loan document must contain a “power of sale clause” to foreclose out of court.
Judicial: Used when lender will seek a deficiency or if the loan documents had no “power of sale clause.”
Deficiency Judgments: Available to lender only in judicial foreclosure. Not available if the loan was a “purchase money loan.”


Don't forget the cases of fraud/misrepresentation.

State: Texas...
Non judicial foreclosure is most often used when a power of sale is included in the loan document. The process is very fast. Only 21 day notice has to be given prior to the sale.
Judicial foreclosure is available, however, with the simple process to foreclose the other way, few use it.
Deficiency: A deficiency judgment can be obtained. Again the market value of the property will be subtracted from the amount owed to the lender to determine the validity of the deficiency.
Redemption: No right of redemption in Texas.

State: Utah...
Only judicial foreclosure is available in Utah.
Deficiency: A Deficiency judgment may be obtained by the lender.


To which Casey adds:
So looks like I will be OK on my California properties in terms of getting sued for deficiency. However, the New Mexico property may come back to haunt me in the future.

Talk about being a few McNuggets short of a Happy Meal.

97 comments:

Anonymous said...

You gotta admit Rob, the guy is always ggod for a laugh..like watching the keystone cops of real estate.

anyway I was looking at his tip jar
Tip Jar
If you received any benefit from this blog feel free to drop a tip:


And I have gotten some entertainment from his blog...sooo...I decided I was going to send him some money (like 500 dollars), but then I got distracted by a penny on the ground, then I spent some of it on Jamba Juice, then I realized I didn't have a paypal account and it was too much work to create one, then I decided to hell with it, I'm taking a nap.
Still, I did have good intentions didn't I? Isn't that all that counts?

Anonymous said...

dare I say it?



IT'S ALLLLLLLLLL GOOOODDDDDDD!!!!

Anonymous said...

Dawg,

Now the floodgates of law enforcement action will open and Casey will be swept away in the ensuing tidal wave that is about to crash on his narrow shoulders.


With these two foreclosures on record, there is no reason for any law enforcement agency to prolong this further. Any hopes that Casey would pay back even the slightest amount has passed.

I predict the perp walk by March 5, 2007.

Rob Dawg said...

If it were legal, I'd start a deadpool on the perp walk business. Maybe I could win back my loses on the David Crisp perp walk that I thought would have gone down by the end of last month. Blog note; I'm trying to create a corporate veil for a tip jar. Normally I'd just pay the taxes and do good with the rest but some might not like that at my bracket and... well you get it. No dirty money and no shady deals. To be honest I'm not smart enough to keep a lie straight so I am forced to be honest. And please, no suggestions I just take the money, you trust me and because it's okay with everybody.

Anonymous said...

::admires her close-to-the-front-row seat, and puts down a nice tote bag she has with her. She removes a soft, lovely pillow which she places on the seat of the chair. She then removes a pair of opera glasses, some delicious snacks and beverages, and neatly folds up the bag and tucks it under the chair. She settles in on the comfortable cushion, and sighs contentedly. She pours herself a nice glass of wine, and grabs her opera glasses in readiness for the show::

Is that the first notes of the Overture I hear?

Anonymous said...

wow, that's SMART of the lenders to have a means by which to recoup their losses!

Anonymous said...

LOL, Jade.

@Rob
That worm-man... where the hell do you find these pics?

Anonymous said...

So that foreclosure seminar wasn't wasted money. Sweet.

But what would the consequences of a deficiency judgement be for our hero? He has no assets and no visible income -- is it going to be worth a lender's while getting, and pursuing, a judgement?

(Very quiet on the Chris front lately, isn't it? And no more mention of those strange late-night "business meetings"...)

Anonymous said...

can a deficiency judgement be thrown out a bankruptcy?

Ooooh I just remembered - tomorrow is the day Casey meets with his tax advisor!! God I wish he'd videotape it!

Anonymous said...

Picture reminds me of the movie "Freaks" an oldie (1930's, I think) about real sideshow freaks caught in a love triangle. Totally bizarre and the last scene where they are chasing the woebegone blonde thru the rain is absolutely freakin mind blowing. Yes, the worm man chases her as well as the legless man running on his hands. The movie was banned for years but I caught it on late night the other night. (Thank god it wasn't TMBA night or I would still be drunk and hiding under the bed). Yes, the freaks come out at night!!

Sounds like a date with Casey. (or you know who)

Anonymous said...

Stephanie J...lol!!! Casey is winding down. Took awhile but I have a feeling the payoff is going to be compensation for the frustration on the long painful ride.

Anonymous said...

the reason he is not going to the auction is obvious...
NO JAMBA JUICE
anywhere within 20 miles of
Zip 87144

Anonymous said...

wow, props to the people's republic of california.

more interesting than "deadpool"... how much will Casey owe the IRS after all this loan forgiveness.

and if lenders don't send the 1099's, the lenders are party to tax evasion...

and I'm sure six-figure bizness expense with the cryptic label
"JJ / MG"
might raise a red-flag with the IRS.

Anonymous said...

aaackk!!

Casey is SO f*cked!! HA ha hahahahahaha...aackk...thppttt!!!

[hairball]

S_t_C

Rob Dawg said...

...where the hell do you find these pics?

If I have a skill it is the ability to distill the complex into imagery. Visual or written imagery it has served me well. Anyone still on a diet after the "Fat, Forty, Failure" post? Those teeth on the pirhana? Most everyone here never even saw flipper/flopper fish. Same with the sci-fi allusions.

Rob Dawg said...

Sputnik, Sputnik No! Those are my Casey Loafers™. Bad kitty.

Anonymous said...

so...can bankruptcy wipe out a deficiency judgment? Anyone?

Anonymous said...

Alex, I'll take bankruptcy for 100

In reality, Jade I have no clue but somehow I don't think so.......

Rob Dawg said...

Wow, legal question. Bankruptcy does not wipe out fraud. Bankruptcy usually does not wipe out new debt in the last six months prior.

Short answer is sometimes/usually but in the Casey case it is a whole lot more complex.

Anonymous said...

well, just so we're clear - Casey just posted this:

"I said I will “pay back every dirty penny” back a few months ago IF I can find a way to do that. So far I haven’t found a way. I’m also OK settling the debt for less then full balance because if I can’t pay it all back I feel good about paying back at least a portion of it. I will do what I can do."

Oooh ok. He was waiting for, um, um, um...damn I forgot. Perhaps to find gold in his backyard?

I wonder if he ever filled out a single job application.

Anonymous said...

@Rob - I know BK won't wipe out debt incurred by fraudulent means, but he MIGHT be able to fight that. He also took out these debts 6 months ago.

I just hope they don't get deficiency judgements only to have him BK and get it wiped away

Anonymous said...

And what is it with this perils of Pauline stuff?

Somehow Casey seems to wait until the day before the foreclosure auction to suddenly produce this **sweet** short-sale deal. Story of his life, I suppose.

Things might go a bit better if he put these deals together a bit earlier - say, a couple of weeks before the house goes to auction.

Anonymous said...

CLASSIC Casey people.

Day before a foreclosure auction calling bank: "Am I too late to stop the auction???"

Hmmmm OK, now that I'm screwed the first thing I'll do (instead of call attorney as bank suggests), fish out SEMINAR BINDER.

WHAT???????

Anonymous said...

@Cased!

Where would the fun be in that? He JUST listed Burdett on the MLS last week. Come on now. That's how it works in Caseyland!

Anonymous said...

Dear Mel,(@2:37)
Are you suggesting that, as our young hero enters his new, secure(d) place of residence, the neighbours will be chanting
"Gibble gabble, gibble gabble,
One of us!"

NR

Anonymous said...

@Cased!

Casey waited until the end of the real estate boom to start fix and flips. None of this should be a surprise to anyone. And man is it delicious.

Anonymous said...

Yeah Jade and his first showing of the house will be AFTER it is autioned off. Such is life is Caseyland!

Anonymous said...

Ahah Northern Renter - another Freaks fan!!

Casey the Pinhead!

Anonymous said...

I do have a question for everyone here and I would like an answer.

Where I live, I can purchase the rights to someones debt from a creditor. If they don't pay me then I can force them (with other creditors) into bankruptcy. While in bankruptcy I can petition the court for criminal charges in the bankruptcy if fraud is uncovered. Further, as one of the creditors, can I substitute the Trustee Casey chooses for one of my own?

Again, where I am living this is _very_ possible and can be done with little of my time being wasted. Is there a BK attorney here that would know anything about this?

Casey has been dumb enough to list his creditors and how to contact them.

I just went and saved the letters on this site.. and will wait for your answer.

Anonymous said...

@anon 3:06

I'm really not sure, but I do think that doing to Casey wouldn't make much sense. He has no money to go after and probably never will.

Rob Dawg said...

Anon 3:06,
Sure, yes. Unless you are a lawyer and patient and don't have anything better to do, yes. If you aren't a lawyer and/or not going to be able to wait and/or... got it?

Anonymous said...

Jade, Casey would greatly appreciate it if you would kindly stop insulting his intelligence. Of course he does not intend to find gold in his backyard, nor fill out a lowly job application (how dare you woman!). By divine intervention and by the blessings of his maker, Casey will "do what he can do".

Which we all know means he won't do shit.

Anonymous said...

@Anon

Before I purchased CS's debt, I would voluntarily committ myself for electro shock tratments, followed by a full frontal lobotomy. Then just in case, I would have a large L (for looser) branded on my forehead to warn people off.

Just even thinking of Casey's debt and I in the same room makes me feel defiled and ashamed.

Anonymous said...

Not purchase _all_ his debt... only a enough to put him into bankruptcy? or purchase an option on that much?

Only thinking out load here. I doubt the authorities will do much and usually something like this needs some encouragement.

Anonymous said...

Oh, Casey added this

February 14, 2007 at 12:30 PM,
Outside the Front Entrance of the Sandoval County Judicial Complex
1500 Idalia Road, Building A, Bernalillo, NM

I wish I can make it to the sale for educational value but I can’t afford to fly out there tomorrow. (Unless somebody offers to sponsors me)



Educational value? He has had all this time to learn about what was coming...like he has learned anything at all in the last 5 months
Oh and then the sponsor thing? Casey, WE ALREADY ARE SPONSORING YOUR CURRENT LIFESTYLE!!! Now get a freakin job you deadbeat!!

Anonymous said...

I heard that anna nicole smith's baby's first words were "sweeet deal"

um, casey, did you ever meet Anna Nicole Smith...

Anonymous said...

Funny how Casey's comment today is exactly the opposite of what he posted back in October:

I Want to Repay Every Dirty Penny...

A few choice quotes in case he takes the post down:

"In my own mind, I would feel best if I repaid every single dirty penny I borrowed. That’s a respectable thing to do. I’ve never NOT repaid a loan in my life. I don’t want to just weasel out of it via a short sale and bankruptcy."

"Worst case scenario - I may have to volunteer to sign a promissory note to pay the lenders back after they loose money via short sale. We’ll see."

It's funny how the comments for that post way back in October are almost the same as the posts now.

Dolph said...

Hey Casey:

I know you read this since Galina since I am sure it was Galina quoting me on Friday night (Anybody who focuses so much on an innocent JOKEY comment is stupid - PERIOD).

So you were too late to do anything about your liar loan? Ahhh, too bad. Why does this surprise you? Were you hoping another desperate lender would give you money to go away?

As for this Bruce Norris binder...what the frak? Why? If you feel the need to check a Chuck Norris seminar, you suck. How much did you pay for a "binder" from a seminar where you could have found this info online FOR FREE. Doofus.

If I went to the auction, why the frak would I share the info with you. I'd be there with a big bottle of champagne toasting the event as JUSTICE. You thought you could lie and commit fraud so as to make a few dollars quickly. What you didn't do is look closer at the properties you bought in this frantic push to buy as quickly as possible. YOU are a looser in the worst possible way. YOU LOSE get it? Did God endow you to be a looser? Why not take a nap and pray for ideas? Remember didn't you say you were an idea man? Where are the ideas then?

If you need to go to a foreclosure for "educational" value please show up to the ones in California. I bet the folks would LOVE to talk to the loser who has zero business sense and couldn't flip his homes, with cash upfront, for a profit.

NOBODY is giving you a dime, get it? You had many opportunities to figure this out but naps and trampolines were more important. You make tons of excuses to not work for a guy calling himself an entrepreneur. Let me reiterate the life of an entrepreneur for you, mmmkay: IT MEANS 12+ HOURS OF WORK DAILY WHICH DOES INCLUDE WEEKENDS! You feel as if you can make a minimal schedule because you think that's what your guru idols do. I hate to break it to you, even Kiyosaki works more than you do.

To be a success and looked up to by people means you have to work long hours. Just because you see guys driving fancy cars and golfing daily doesn't mean they don't head right back to the office afterwards. If that office is in a building or at home makes no difference.

You could have worked harder to prove us all wrong and you didn't. You suck as a businessman and your tale will be a cautionary one to tell young entrepreneurs for many years. Problem for you is that you will be in debt for such a long time it won't matter.

You never cared about anybody's opinions and now the "haters" continue to be right about this mess you created. Too bad, so sad.

Anonymous said...

Jade so kindly pasted:

"I said I will “pay back every dirty penny” back a few months ago IF I can find a way to do that. So far I haven’t found a way. I’m also OK settling the debt for less then full balance because if I can’t pay it all back I feel good about paying back at least a portion of it. I will do what I can do."

You've got to admire that unflappable resolve--Unless he can't find a way to do it...(like getting a couple of jobs). Dotty resolve perhaps. Squishy resolve, flappable, malleable, selective resolve?

Anonymous said...

Dolph, you betray a love for BSG. My respect for you increases to even greater heights.

Anonymous said...

Hey Wyatt I just noticed the same thing, post on his site and see if he will put it up..my guess...not

Now he is also saying, "so If I have extra money and they forgave my loan I should send them that money?" So much for it bothering his conscience. He has no intention of paying back squat and he never di. His sole aim with his blog was not to educate or admit his faults and make amends..it was to sell his bloated properties via publicity.

Anonymous said...

Did you see le moron's other post?

What's he supposed to do? Just volunteer to send the lenders the money he BORROWED, if they don't go after him for it?

Yes, yes you fucktard, you are.

He's totally all about settling now, like with CashCall. He took out a flat cash loan with them and now wants to pay them LESS than what he borrowed because he has no money (because he's a moron), and he expresses outrage and surprise that anyone thinks that's not the very best that can be done.

Because paying back "every dirty penny" is just a ridiculous notion. He doesn't have it, so why should he pay it to them? He's beyond infuriating in his general ignorance, stupidity, hubris, lack of ... anything, arrogance, laziness, etc. Not to mention his dopey-looking hairdo. ARGH.

Anonymous said...

Doesn't the dork realize the "for educational purposes" he could go to an auction right there in Sacramento? It is unbelievabe to me how this guy went on a money spending tear without doing any of the basics!!!

Hey there Stephanie! I have a feeling that you will be waxing poetically over the next few weeks - I look forward to it!

Anonymous said...

@Beezer

Somehow I feel that if he got bad highlights in his hairdo it would upset him more than what is happening to his entire future.

Anonymous said...

mel - Of course it would, it'd hurt the resemblance. Who ever saw a penis with highlights?

Rob Dawg said...

Ummm, errrr... welll. No comment.

Anonymous said...

Nothing more to be said. It's gotten to the point where bashing Casey is like beating up a bum.

Just pitiful.

Anonymous said...

He's doing the majority bashing himself, Clotpoll. He doesn't even know it.

Anonymous said...

Hey Casey - where are those magical powers of opportunity attraction now that you really need them?

Anonymous said...

Hey Casey,

You're being disingenuous (that's fancy talk for 'you're lying, you sumbag!).

You were pretty clear last fall about intending to paying back every dirty penny.

Now, you're saying 'maybe some, maybe someday'.

QUICK - revise your old blog entries so they say that!!!

Anonymous said...

There's a new post in the recent thread. Please put down all breakable items before reading it.

I can wish for idealistic things like repaying all my debt and stuff like that but in reality it’s going to be a very hard thing to accomplish unless I find a way to refinance it.

And getting 5 more night jobs and working 24hr/day is not the answer. No job is going to pay me enough to float my thousands dollars of minimum payments and tens of thousands to catchup all the past due balances. Look at my balance sheet a few posts back and YOU tell me how I can float those payments.

If I don’t catch them up sooner or later the debt will get sold to collectors and/or they will try to collect in court. At that point I may have to seek bankruptcy protection or go under the radar somehow. ...


He mentions that getting a job won't pay for all of it immediately so why bother really? So he admits he has zero intention of paying back what he borrowed. Scum. He's just such scum.

Anonymous said...

@ beezer

Wonder what "go under the radar somehow" means to him? hmmm...

Anonymous said...

So the little uzbeki hemorrhoid wants to "go under the radar somehow" now. Ain't gonna happen, he's flaunted his lifestyle in too many faces.

He's like a rat in a maze now, with the boa constrictor flicking its tongue. Slowly but surely making its way behind him. When it finally gets him and begins to squeeze, I hope every last ounce of Jamba Juice comes oozing out of his bulging eyeballs.

Anonymous said...

@Endgame
Probably high-tailing it back to Uzbekistan; where his $250 will buy him a riverfront palace.

Anonymous said...

Or maybe 'under the radar' means having a smaller, less public blog, and fewer pictures and documents on the internet.

Anonymous said...

Bankruptcy usually does not wipe out new debt in the last six months prior.

I was taken to task by a lawyer for spouting about this, so I researched the topic. The 6-month prohibition is a myth. The rules for BK are flexible, but generally the following are non-dischargable:

- Purchase of luxury goods exceeding $500.00 made within 90 days of filing.

- Cash advances under an open-end credit plan in excess of $750.00 taken within 70 days of filing.

So CS can probably discharge almost everything. Sucks, don't it. (Unless the fraud thing catches him)

Anonymous said...

His parents must be so proud of him.

If you are angry contact the Sacramento DA. People need to demand that he be investigated.

Anonymous said...

I can wish for idealistic thing... I may have to seek bankruptcy protection or go under the radar somehow....

Well, Nigel, how about this for misleading and deceitful. Spin that little confession. From the very earliest CS has said that he has wanted to pay it all back. People for months have told him that it's not possible. He's always defended his position and fought BK.

Now we see the reality come out, and we also see that either CS is a liar, or he is mentally very unwell.

Dolph said...


I can wish for idealistic things like repaying all my debt and stuff like that but in reality it’s going to be a very hard thing to accomplish unless I find a way to refinance it.

And getting 5 more night jobs and working 24hr/day is not the answer. No job is going to pay me enough to float my thousands dollars of minimum payments and tens of thousands to catchup all the past due balances. Look at my balance sheet a few posts back and YOU tell me how I can float those payments.

If I don’t catch them up sooner or later the debt will get sold to collectors and/or they will try to collect in court. At that point I may have to seek bankruptcy protection or go under the radar somehow. ...


Screw you, Casey. Why should any of us tell you how you should pay back your debts. You called people like me "negative" because we TOLD you this would happen. You brush us off with your arrogance and bizarre comments about pulling money out of your damn buttocks.

LOL, you can't handle this debt can you? Why are you lashing out at all of us? YOU decided to do all of this against the advice of all your fave gurus. YOU took the loans. YOU signed the paperwork KNOWING the interest rates. YOU willingly lied to get these loans. Why? You had $$$ in your eyes. You needed to be a bigshot.

Why do we rip on you? Because you ask us to. Maybe not subconciously, but through your need to be given attention. Anybody who falls for guru-speak and books about being an L, A and ZY type personality needs to shut the hell up and deal with their mistakes.

You made a big mistake and you SWORE you had the intention to pay back every cent. NOW you want to slither out of those debts and continue to make more excuses about why you are lazy. Sure, there is no way you can work 24/7, but you claim to be an entrepreneur, right? Do you realize how hard the smarter ones work? Nobody stumbles into passive income, genius. NOBODY.

You continue to prove what a liar you are.

(All opinions expressed by Dolph are his own and guaranteed by the First Amendment to the Constitution of the United States Of America).

Anonymous said...

I overheard this conversation the other day outside of the Jamba Juice between galina and casey.

Galine, I am going to buy you a jamba juice.

I thought we were just here to look at the menu, we dont have any money to buy jamba juice.

casey then pulls out a wad of 20's in his pocket and galina asks him where the hell he got that money from.

I got it from some investor men out in the parking lot. Hey galina, by the way do you have any scope?

Anonymous said...

YO YO YO ITS HOMEY TIME

YO ROB DAWG

Trust me dawg,


Homey iz not going ta let dis here piece o' crap Casey kat slip under any "radar". My posse iz following him an' he will not be able ta take uh crap without someone reporting how many pieces o' toilet paper he wipes his ass wiff.

Regarding da Bk an' fraud, da Trustee has broad discretion ta peep back as far back as dey wants ta. I be telling ya peeps, Casey knows dat he iz fucked an' cannot git his debt discharged. At uh minumum, dere will be adversarial charges files against him, Galina, an' brothas else involved. They all iz looking at serious jail tyme an' penalties.

Think I'm full awww sheeit? It happens everday ta scumbags like dis here. I could care less what da little sheeit writes on his shitty little blog, facts iz facts. You cannot undue history.

I'm telling ya peeps dat Chris has bailed, Duane has bailed, an' Galina iz already packed. Casey kat iz not staying at his parents or his own place cuz he knows dat Cash Call an' creditors gots already been knocking on doors. I emailed dem da pictures o' da VDUb an' da Snapdragon crib.

Casey kat, I told ya last year dat ya bettah start telling da truth, but ya didn't. Now ya iz going ta suffer da consquences o' being da scum dat ya iz.

Enjoy jailtime, it'scoming.

Love,
Homey

PS. I will try an' git ya peeps info on da NM foreclosure. Yu peeps let me knoez what 411 yu wantz me too digs up.

PSS. I be feeding Sputnik lots o' smelly fish an' sheeit so his poop gonna be reel stinky when he poops in Casey's shoez at da auction. I hopez dat Nigel shoez up so I kin point his azz out to da five oh.

Anonymous said...

What Dolph said and more!

With every passing day Casey is exposed for the liar and flim flam man that his is, evidenced by this statement:

"I can’t keep living fantasy world, I must learn to be more realistic so that’s why I am changing some of my attitudes that you may have seen earlier on this blog."

Say what???? This is like the guy that gets religion right before being sentenced to spend a few minutes strapped into Old Sparky. Casey would be right back to his old tricks if somehow his debt magically disappeared.

Changing his attitude would mean closing down the blog, getting a real job, living within his means, not mooching off of friends or relatives, and stop lying! But that isn't going to happen, because you know what he has to look forward to if he does that? Being over 31-32yrs old with no credit, no college education, perhaps a criminal record and living in a SacTown rathole with scant more possessions/assets than he has now. Casey can't process that in his "entrepeneur" mind. No way is he even going to live with his mistakes, far less repay every dirty penny.

He's a flim flam man, before, now and always.

Anonymous said...

"...At that point I may have to seek bankruptcy protection or go under the radar somehow. ..."

No flight risk here. (sarcasm off)

MaxedOutMama said...

I feel sorry for the Utah people. That house was with the same lender, and I always have a cross-collateralization clause in notes. The point is, if I were Aurora I'd go after the Utah house to make up the NM deficiency (which looks to be over $160,000 minimum).

Now he had originally posted that the loan had sold, but I bet it came back to Aurora for EPD, because when he called about cutting a deal on the NM house Aurora asked him about Utah.

I still don't think he's done anything about Utah. I dislike abusing people, but this guy seems to be absolutely indifferent to anyone else's fate. He's either a sociopath or a complete prick.

I started out feeling considerable sympathy, but now I think he needs to be stopped. He's a wrecking ball.

Rob Dawg said...

Flight risk? Huh? Just because he has multiple names, foriegn birth, no sense of decency, facing decades in prison, low intellect, no resources, stunted ethics, impulse issues...

Why is this a flight risk?

Rob Dawg said...

MOM,
You say what a lot of us hear think.

Imagine the Aurora CEO squirming and this drops on his desk. Wouldn't he and every other lender decide to make an example of him and distract drom the systemic issues?

We here pretty much assume Casey has been living off some of the Utah wrap. Not content to be a danger he's decided to tske his contagion national.

MaxedOutMama said...

It's not even a question of making an example of him. It's standard practice. I find it hard to believe that an outfit like Aurora doesn't follow that practice.

It's pretty much standard to have a clause in the deed or mortgage cross-collaterizing or incorporating future debts as well. Both notes and the deed/mortgage usually have an escape clause saying that if it is the borrower's residence and the Right of Rescission is not given the clause is invalid, but it must be pretty obvious to Aurora that he isn't living in either.

Ogg the Caveman said...

@ MOM

The Utah buyers will most likely end up being the biggest losers in all of this, in terms of impact if not in total dollar loss. The missing mortgage payments would go a long way toward explaining how Casey's kept himself propped up these last few months.

@ Chjts:

What a sweet deal. What would be even sweeter for him is a job in the adult film industry. I hear they're always looking for straight guys who are willing to take it in the ass for a paycheck. With his drive to be in the spotlight no matter how humiliating the situation is, he'd be a perfect fit.

He wouldn't do that though. That would be a job, and jobs are for loosers.

Anonymous said...

He might the adult film thing after he gets the proper education in prison.

Anonymous said...

"...At that point I may have to seek bankruptcy protection or go under the radar somehow. ..."

No sarcasm required. By posting that, he could have cut off his chance for making bail if he ever gets picked up

Anonymous said...

I really hope the "uncles" get to Casey before the authorities do. I feel crappy the I feel this way, but I really want to log onto the Sac Bee some morning and read about how his beaten body was left for dead along the interstate. He's not some naive kid who got in over his head. He's a selfish, sociopath with regard for anything other than he own delusions of grandeur. The world will be a better place with him gone.

I'm really getting bored with his shit.

-walt526

Anonymous said...

I can't believe Casey just posted that he will "go under the radar" if his debt can't get discharged.

Wow.

Does Uzbekistan have an extradition agreement with the US? I'm certain they do since we give them military aid.

Anonymous said...

"Does Uzbekistan have an extradition agreement with the US? I'm certain they do since we give them military aid."

Yes. Not sure if it includes white collar crimes, though. Sometimes there are weird exclusions.

-walt526

Anonymous said...

He's a wrecking ball.

NO S*!T. I have never seen anyone who could wreck everything he touches like CS.

Words like moron, addle-brain, ass, blockhead, bonehead, boob, cretin, dimwit, dingbat, dolt, dope, dork, dumbbell, dumbo, dummy, dunce, dunderhead, fool, goose, halfwit, idiot, ignoramus, imbecile, lamebrain, loony, loser, lunkhead, mental defective, muttonhead, nerd, numskull, retard, simp, simpleton, stoop, stupid, tomfool, bandit, booster, cheat, cribber, criminal, crook, defalcator, dip, embezzler, heister, hijacker, kleptomaniac, larcener, larcenist, pilferer, pirate, plunderer, punk, purloiner, robber, scrounger, spider, stealer, stickup man, swindler, black sheep, evildoer, miscreant, reprobate, untrustworthy person, worthless, wrongdoer, bastard, blackguard, fraud, heel, lowlife, miscreant, rapscallion, reprobate, rogue, scallywag, scamp, scoundrel, swindler, and villain do not even begin to describe our tragicomic anti-hero

Anonymous said...

Keep up the good work Homey!!!!!!!

I'm pretty sure that people who are watching Casey raised some eyebrows with his little comment about going under the radar. What a complete boob...he'll probably announce on his blog that he is now under the radar and then give his current address.

On a side not, has anyone noticed the change in tone of Casey's latest post? He is definitely showing some strain, and the real "I couldn't give a shit about anyone else" personality is shining thru. that and the fact that he is obviously losing his cool ...well, let's just say it's nice to see that it's getting to him. so the little brain cell he has left is aware of his situation.

Anonymous said...

"Nothing more to be said. It's gotten to the point where bashing Casey is like beating up a bum."

Any time you start to feel sorry for the L'il Bum, remember a few key points:

He purposely bought a large amount of property i a quick amount of time so-as to defraud the banks and bypass lending standards.

He is not a sweet innocent kid who bought at a bad time because of peer pressure or just rotten luck - he intended to skirt the laws and make a quick buck by doing so, he admitted to it.

He has not serviced the debt with any money that we know of except the money he fraudulently got through cash back deals. The white board picture SHOWS that his plan from day one was to pay mortgages with other people's money.

He has not made any attempt to service any of his debt, except through fraudulent schemes like lotteries and incorporation scams.

He's a liar, has been proven to be one, and you cannot trust anything he tells you. The ONLY reason I believe any of this is that the sales are public knowledge and publically posted.

He's also a sneak, and dishonest, as he edits posts, outright bans them, and changes his story at will, or gives half-truths, and ignores anything of substance. Just the AdSense nonsense was enough to prove he's an utter liar.

He brought this all on himself by putting his story online, and has welcome commentary and discussion at his phoney blog. We did not search him out, he looked for US.

L'il Casey does not deserve sympathy, or compassion. He is NOT A VICTIM in ANY sense of the word. He brough every bit of his situation and the comments here and elsewhere upon himself.

I know the L'il Casey Deflection Field is strong. Resist it. He's been using his "poor pity me, I'm just an innocent yokel from Uzbekistan" and "tousled hair" boyish charm his whole life to skate from responsibility, but that has now ended, in a BIG way. His whole persona over there is an utter sham and a ploy to get sympathy and free advice and is a big old hook to try and land a scam to save his sorry lying ass from the fire HE set.

Have at him, do NOT cut him a single iota of slack. He deserves it, and more.

Anonymous said...

HEY!!!! Don't insult bums!!!
They have more class, street smarts and ethics than Casey!

Anonymous said...

This "perils of Pauline" crap is probably because he's the kind of smiling, suckup, assface who never met a deadline in high school that he couldn't schmooze his way out of, and he honestly thinks that dates and deadlines mean nothing. I've met people like that too many times - many of them Casey's age.

They've never, ever been held to any commitment they ever made, they've never been required to hew to any kind of schedule, and when Reality kicks them in the balls, they howl about hhow "Its not FAIR!" and "I didn't KNOW that legal deadlines are fixed and unchangable!"

Anonymous said...

"If I don’t catch them up sooner or later the debt will get sold to collectors and/or they will try to collect in court. At that point I may have to seek bankruptcy protection or go under the radar somehow. ..."

If the L'il Bum actually goes before a judge, printouts of this one sentence, preferrably screenshots of the site, need to be filed with the court (I forget the term, it's a freind of the court filing) by as many people as possible, he's outright saying he has no intention of servicing the debts, and will evade justice to do so.

Judges tend to frown on this.

Anonymous said...

Oh, and screenshots of that quote need to be sent to every single person he owes money to, right now. Go get a screenshot, showing it in context, and fire away.

This could theoretically be the biggest mistake he's ever made.

His lenders are already hitting the site, the ball may already be in motion...but it can't hurt.

Anonymous said...

@ Rob

For a little taste, I'll hold the perp walk cash.

Anonymous said...

please call this fraud in:


FBI Field Offices, Mortgage Fraud
Los Angeles
White Collar Crime Supervisor
11000 Wilshire Blvd.,
Suite 1700, FOB
Los Angeles, CA 90024-3672
310-477-6565


Sacramento
White Collar Crime Supervisor
4500 Orange Grove Avenue
Sacramento, CA 95841-4205
916-481-9110


http://mbafightsfraud.mortgagebankers.org/reportingfraud-ca.html

Anonymous said...

I've been following this blog (and Casey's) for a few months, not in my capacity as a writer, but just for my own amusement.

While I see that people are digging up information and sending documentation to law enforcement, I don't see any concerted effort to inform the media.

Look, most of the articles written about Casey were superficial, but most were just feature stories. Sure a feature could turn into something investigative. But journalists don't have ESP. There's no reason to sniff into the background of everyone we write about -- unless someone gives us a reason to do so.

Some might say: "Just visit the blog. It's all there! And look up this name on this decade on this site!"

Sorry. No can do. I'm not going to spend 140 hours of work reading everything Casey ever wrote and digging into records. There might be another story, just as interesting, except I already have a "reliable source" who lays in all in my lap. Maybe it takes me 10 hours. Which story would you prefer to work on?

I know some of you "hate" journalists. I don't give a shit. I hate some journalists, too. But someone willing to lay off the attitude might be a good source -- and may even be able to provide information anonymously.

Not me, though. If someone's interested, post a comment on this blog and I'll post some suggestions on how to get the media's attention.

Anonymous said...

Casey,

In the words of mama Soprano...

"Oh, Poor You..."

Anonymous said...

Drive by journalist:

::whisper:: here's a tip

Anonymous said...

I've got a stupid question regarding redemption rights from a couple of posts ago. In the case of states that allow redemption rights, what does the bank do with the house after foreclosure? I assume they have to just sit on it until the redemption period lapses. It doesn't seem like they would be able to sell it during that period. 12 months seems like a long time.

I should also point out that there actually are people learning things from IAFF. I had never heard of redemption rights before this. Also, I was unaware that blue balls, jamba juice, and sweet rims were essential tools for the savvy real estate investor. Well, time for an 18 hour power nap!

Dolph said...
This comment has been removed by the author.
Anonymous said...

At 9:39 PM, Scooter Libby said...
Drive by journalist:

::whisper:: here's a tip


No tipping required.

Anonymous said...

RE: driveby journalist
OT - but it needs to be said -
Its lazy ass "you do the hard work, I'll take the glory" attitudes like yours that has turned so many away from the MSM as their source of hard news and turned them to the quality blogs and the quality dirt digging websites where they DO do the hard work and get the credit for it too.

You guys have been sucking up the PR flacks pablum, TOUT TVs rants and government misleading leaks for so long that you have become increasingly irrelevant. Good riddance.

The bloggers here pass their information to the people who really matter - which are the legal authorities - its NOT you.

-K

MaxedOutMama said...

Drive by journalist:
I'm not going to spend 140 hours of work reading everything Casey ever wrote and digging into records.


My condolences on your reading impairment, and let me add that I greatly admire you for pursuing your career in spite of it. It is most certainly a demonstration of the depth of your character.

I'm not sure if you know that there is help for those with such disabilities. I write from experience - I have a neurological disease. and I have been light-blind, then neurologically blind (unable to decode what I saw). I have had to learn to read three times now. I can assure you that there is hope, because I can read the whole Casey opus in less than 20 hours. Please see a neurologist and ask about retraining programs. They really do work. You'll find it well worth your time.

PS: My mother was a teacher, and she had great success with dyslexic pupils!

Anonymous said...

I second (and third) the comments made by Dolph and Mel about Casey wanting to go to the NM auction for the educational value. He has loads of time to check out the various auctions at the Sac County Courthouse. Apparently, Sac County auctions off several houses per day.

http://www.kcra.com/money/9734571/detail.html?rss=sac&psp=news

The distance from Yulia's house in West Sac to the Sac County Courthouse is all of 5 miles.

Miguel said...

For those who really need to be spoonfed, Casey's Wikipedia entry offers the basics, as well as links to more detailed accounts.

But if you want any more specific help, you'll need to propose a reasonable researcher's fee that takes into account the 140 hours that you've calculated the job will take, as well as any supplementary time packaging up the juiciest material. Casey would call this "outsourcing".

Anonymous said...

How about a followup by usa today? It seems they kind of got the ball rolling. Now they can see what has happened since their original article.

Or maybe Dateline can take a break from catching child predators and catch some RE predators.

Anonymous said...

@ Drive By Journalist
I disagree that it would take 140 hours to get an inclination that something wasn't kosher with Casey.

The Sac Bee person apparently didn't wan't to list any fraud because it was only 'alleged', even though it was Casey who was making the allegations against himself. I don't get that either.

Perhaps you should clear this up because it sounds like you are only going with the story that takes the least amount of work possible and not bothering to back anything up with independent verification if it is going to take too much time. Kind of reminds me of how we got to Iraq.

Anonymous said...

@driveby journalist

I worked for one of the top Journalism schools in the country for six years.

Let me guess. If you went to J-school, you were a broadcast major, weren't you? It was all about the hair and the suit color, and classes in telePrompter reading, right?

THere were actual journalists who were interested in actual research, and who were willing to READ. WHy the hell are you a journalist at all if you don't like reading and don't do it well and fast?

Your "give me it all in a nice package or I'm not going to cover it" attitude is the kind of thing that lets the government get away with things like the whole "Lets manufacture a WMD threat" thing.

Whatever happened to the media as the watchdogs of democracy? Oh, that's right, you're all busy covering Oscar Fashion. Are butt-bows back? Or will it be all visible thongs this year? THAT is true investigative journalism!

Anonymous said...

The endgame is on...

Aren't you all going to be bored with nothing to do when Casey's story fades from the spotlight?

Also, don't you think Casey deserves some props for drawing this out as far as he did? I think most people would have BK'd / gone under the radar / or taken serious action already.

He is the wonder boy of procrastination.

-Big Cheese

Anonymous said...

No sir, we will not be bored. We're forming a big commune in one of Casey's vacant homes (while the bank sits on it through the 1 year redemption waiting period). Lots of hater-lovin, magic-making, growing our own jambas, and raising whatever animal it is that you make all-natural carnitas burritos out of. (Sputniks?) Think about it man, a new society based on hater-equality, napping, faux-tithing, and wraparounds! Far out, man!!

Also, we will occasionally burn giant effigies of Nigel and Tim MBA while dancing around naked in the backyard.

Well, gotta go, I'm still working on perfecting my peyote smoothie recipe.