Can I reclaim my properties if the foreclosures were part of

lorremc · Joined: 27 Jul 2008 Posts: 1 1.51 Dollars($)

Can I reclaim my properties if the foreclosures were part of a criminal case?

I have a serious situation and desperately need help. I discovered on May 12, 2008 that 8 employees embezzled from me over the past year and I have lost 4 properties with the 5th scheduled for auction 8-4-08. Since this is a criminal case - is there anyway to "stop" everything where it is and can I get my houses back? I didn't lose them because I didn't pay.....by all accounts it looked like they were being paid but the checks were not mailed and the amount was taken out of my account in the form of a cashiers check. I wasn't aware of the situation until April 28, 2008 because the same employees that did the embezzlement also controlled the incoming/outgoing mail, all banking deposits, A/P, A/R and phone calls. I know this sounds false but it is true. Somebody PLEASE help me.

shane · Posted: Sun Jul 27, 2008 5:59 pm Post subject:

Well technically you did lose the properties because you didn't pay the mortgages. I don't think there is any law that would prevent the mortgage lenders from foreclosing on your home because you were stolen from and there is a criminal case pending/or the criminal case determined you were stolen from. Now I think you would have some right to sue your former employees for damages that were incurred because of their criminal actions. Either way, the best and most accurate advice is going to come from a real estate attorney or the attorney helping you/that helped you in the criminal case.

sweeney · Posted: Sun Jul 27, 2008 8:45 pm Post subject:

Shane's right. Time for an attorney, pronto!

All times are GMT - 7 Hours

Page 1 of 1