Since I listed some of my friends as references on the application, CashCall is calling them to find a way to contact me. Ever since I closed the Wells Fargo account, from which CashCall loan has been drawing from, I have been getting daily calls and emails from them.
The calls original from 800 numbers, so they have been pretty easy to screen out like the other lenders. However, no other lender but CashCall has been sending me emails and no other lender but CashCall has been calling my friends.
My friend told me about how the conversation with CashCall went (loosely quoting):
CashCall: do you know Casey Serin?
Friend: uh… yesCashCall: how do you know him?
Friend: he is a friend of mineCashCall: do you have his number? We’re having trouble contacting him. Is this the number […]?
Friend: yeah I think that’s his cell phone numberCashCall: he is not returning our calls. Do you know any other way we can contact him?
Friend: his story is on the internet, you can contact him that way. I’m sure if he had the money he would pay you.CashCall: do you know any other way we can contact him?
Friend: his story is on the internet, you can contact him that wayCashCall: please give him a message to contact us?
Friend: Um… I guess I can do that. [my friend was reluctant to commit to being a messenger]
My friend described the tone of voice of the collector lady as courteous but firm. I’m glad she didn’t raise her voice at him or use some kind of other pressure tactic.
I apologized to my friend about him having to be affected by my foreclosure and debt mess. He was very understanding and was concerned for me more than anything. I told him I’m not sure sending CashCall to the internet to search for my name was such a good idea. He didn’t think it was a big deal because I’m being public about it and he figured they already have found my website since if you’re looking for somebody the internet is the first place you turn to.
I’m just concerned that CashCall might get the wrong idea about my intentions by glancing at the internet activity, the comments and hater sites. I really do mean to find a way to pay the money back and there was no loan fraud at all committed with CashCall.
It’s not that I’m trying to avoid CashCall to make them chase me. It’s just since I don’t have the means to pay my debts right now I’m in lender-ignore mode. I don’t really have much to talk to them about. I don’t want to do any payment plans because I can’t realistically commit to a plan right now.
I have been paying CashCall the longest because they were doing auto-drafts from my personal checking account and it was a pain to close it. It was easier to just keep paying the $200-some bucks a month than close a Wells Fargo account that I’ve had for over 10 years and from which I have my health insurance payments being drawn and other stuff.
CashCall is a smart lender in that they require auto-draft in order to get a loan from them. They are fairly aggressive in their collection efforts too.
Maybe I should just call CashCall collection lady that’s assigned to my case and explain my situation - even if I can’t really do much right now. I should give them the courtesy of a simple phone call. It’s the right thing to do. Maybe I will even record it for educational purposes.
190 Comments
March 1st, 2007 at 1:50 am
Tell her she has the wrong number and never call again. If she calls again it’s a legal battle.
Never give your name i.e. “Hello, This is Casey”..
March 1st, 2007 at 2:13 am
This is where things can get wild.
What I would do if I were you:
Create an alternate website that has the same vibe and feel of “save Karyn”. On this website, create a blog that goes into great detail about cashcall’s efforts to collect.
Go to related websites and forums and drop the link to your new site with a blurb about your story and your current dealings with cashcall.
What will likely happen is that you will attract a LOT MORE people than you originally attracted with this website. The reason is that there are simply more people who are in debt and are being hammered by collection agencies than there are people in foreclosure.
You’ll probably get five times the traffic with that site as you have with this current site.
On a side note, about juicing vegetables: you can develop an allergy that potentially could last a long time if you down potent concoctions on a daily basis. Drink a small amount every other day.
March 1st, 2007 at 2:38 am
Hi Casey,
I am sorry everyone is sooo mean to you, I guess it makes them feel good to see that someone else is doing worse than them in their own frustrating little lives…
Personally, on a household family income of only $40,000/yr I was approved to borrow $400,000 to purchase a home in 2005.
If I hadn’t bought a condo a long time ago for $115 k with a salary of $38k (and I had to put 20k down payement) I would’ve thought nothing of it and I would’ve trusted the lender’s approval.. after all… it is THEIR job to approve… isn’t it???.
I sold my condo in a panic right before the market started going up in 1998 because I lost my job and couldn’t make the payements. I sold at a good price and didn’t loose or didn’t make any money… but I learn that roughly $100k means $1000/month with Insur/HOA/Tax/WarNT/ maintenance/ and if rented out, manager’s fees…
So when I got approved for $400k, I new it meant (roughly)$4,000/month… How could I be approved for that kind of money when I would bring home less than that?!
I think Casey is a product of a much bigger scam… not much he could do about it… someone is getting paid though… in all this, and those are the people we should go after.
I really think Casey could sue and win against dishonest lenders.
On my end, I took the $400k, instead of buying a single (crummy)house in an expensive area, I relocated and bought 4 houses for $100k each. I live in one and 3 are rented for $1000 a piece… Now THAT’s a sweet deal!
My lenders AND realtors where real a** though, pushing me and pressuring me to get variable rate, I kept asking why… they would just say “it’s better, you can always refinance later”… Well, I went 30 fixed was pretty disgusted with all the bad advice I received from them… Realtors and Lenders ARE NOT YOUR FRIEND!
March 1st, 2007 at 2:42 am
Casey, we at CashCall™ are just a little ticked off at you right now because… in essence, you’ve stolen nearly $10,000 dollars from us. That’s felony grand larceny, my friend.
You say “you’ve been paying CashCall™ the longest”, eh? Funny, your debt spreadsheet indicates that you made around three payments before closing the linked WF account. Three payments is the longest you’ve paid any of your lenders?? Classic Casey Serin.
Some of the guys here at CashCall™ have been getting tipped off via e-mail, by some of the people you call “haters”. A co-worker here just had a long conversation with a Mr. Homey D. Clown… says he’s a friend of yours.
Well, I’m sure we’ll be chatting on the phone regularly over the next couple of months. Take care, Casey!
March 1st, 2007 at 2:50 am
Nice Lady:
Your story can’t possibly be true. How were you able to take the funds allocated for one particular house and reallocate them to four separate houses?
March 1st, 2007 at 3:40 am
Casey,
In California it is illegal to record any conversation, including a telephone conversation, unless you have consent of both the parties. Just a heads up.
In some other states, you can record a conversation with consent of just one side. But California is a both sides state.
So, if you want to record the conversation, you have to first get their OK before you do it.
Look up the law on that before recording anything.
Good Luck!
March 1st, 2007 at 3:49 am
Nice Lady–
You dodged a bullet there. Well done.
it does not sound like you are particularly sophisticated about finance and law, so how did you know how to avoid trouble?
The old aphorism “you can’t cheat an honest person” applies here. And it also explains why so many of us are so hostile to Casey.
March 1st, 2007 at 4:10 am
Dude, really. You need to go get any job at all to make these guys go away. This will become your worst nightmare FAST.
Hint: Here is how that phonecall is gonna go.
You: I can’t pay you right now.
CC: Where is the money Lebowski?
March 1st, 2007 at 4:30 am
[blockquote]I think Casey is a product of a much bigger scam… not much he could do about it… someone is getting paid though… in all this, and those are the people we should go after.[/blockquote]
Actually, Casey needed to be responsible enough to both himself and the US taxpayer (which he isn’t since he quit his job) to say no. He KNEW that he could not float that debt if it came to it and that was the point right there where he needed to stand back and say “if I DON’T flip this house I will have to make the nut. If I can’t afford to do that I will lOOse it all. Should I do this?” The answer should have been no. It is called personal responsibility and he has none.
I feel badly for Casey but I have had my feet held to the fire over every single mistake I have ever made. I have just been smart enough to NOT COMMIT A CRIME along the way, I think that he needs to pay and under our Federal Judicial system that means that he needs to do time. Period.
In US District Court in Cincinnati a man was just sentenced to 24 months and 18 months home confinement for mortgage fraud. Liar loans and causing about $2.5 million in loans to go south.
http://news.enquirer.com/apps/.....049/-1/all
He worked for the liar mortgage broker, but buyers in this local scam have already been sentenced to JAIL time.
I know CASEY thinks it is pointless to send him to prison, but so does the average bank robber. After all, the average bank robber only gets a few hundred dollars. Why 10 years in Federal Prison? Casey held up the banking system with a pen and we are all going to have to pay for it.
March 1st, 2007 at 4:35 am
Hey Casey, so Cash Call is using friends to bird dog for deadbeats? BRILLIANT! If somebody called me over a bad debt for a “friend” I would tell them anything that I knew.
I bet your friends are really loving your SWEEEEEEET deals now that they are getting the collection calls. I would have cut you loose a long time ago, but this has to be the final straw. No?
Squeeze your mate some SWEEEEEET carrot juice. Should make it all better. Of course you’ll need to borrow that carrot won’t you. See? Actually, you don’t see. Never mind.
March 1st, 2007 at 4:53 am
Casey, you are insolvent, they can’t do anything to you. You’re judgement proof. However, they will be relentless. You can sue them for breaking collections regulations if they call your family, friends, yell at you, call at weird hours, etc. Look it up. I’m dealing with some collections people for a 5,000 dollar credit card default but the SOL is almost up so I don’t bother talking to them. DO NOT TALK TO THESE PEOPLE if you can help it. Get a lawyer and the calls will stop, they have to go through your attorney once you’re represented. A BK will quickly end all collections efforts.
March 1st, 2007 at 5:15 am
Yes, Casey - please record one of those Cash Call collection calls.
It would be interesting and educational.
Then maybe some soup for you.
Thanks!
S.N.
March 1st, 2007 at 5:18 am
Save the “educational” crap. There is nothing of educational value in taping a phone call to a lender you’ve stiffed, then ignored.
Is there such a thing as Narcissists Anonymous? If there isn’t, there should be.
March 1st, 2007 at 5:34 am
“I’m just concerned that CashCall might get the wrong idea about my intentions by glancing at the internet activity, the comments and hater sites. I really do mean to find a way to pay the money back”
Oh puleeeeeeeeeeze. You haven’t done a thing to pay them back. When you got money for your redemption rights, did you send them any? I believe that you actually posted something to the effect of “if they’re not calling me am I just supposed to send them some money”. We they’re calling you and you’re in “lender ignore” mode.
Do what you want but stop with this BS about your honorable intentions.
March 1st, 2007 at 5:38 am
[blockquote]I’m just concerned that CashCall might get the wrong idea about my intentions by glancing at the internet activity,[/blockquote]
You don’t get it. You just don’t get it.
Your intentions were to rip all of these banks and lenders off. You think that your intentions were all good and you saw yourself spending your millions in your head, but the minute that you signed up for more in debt than you could afford to float AND THEN quit the only source of income that you had in anticipation of riches to come down the line you became a fraud. A legal fraud. You don’t see it that way though. Do you?
Cash Call sees your intentions quite clearly. You entered in to a legally binding contract. They gave you money and you gave them a legal agreement to allow them to auto draft their payments from you. You intend to not pay them and add them to the long list of corporations that will lOOSE hundreds of thousands of dollars on you.
You can bank on the fact that the FBI and the US Attorney are looking in to everything that you did and are using this blog as statements of admission. I don’t know if what you did is wire fraud or not, but there is always hope.
March 1st, 2007 at 5:39 am
Get real, there is no way a lender would start calling your friends to tell them to give you a message.
Give it a rest. Don’t invent stories to make this blog more interesting. And, I second poster #2’s idea.
March 1st, 2007 at 5:57 am
Casey,
Although you say there was no fraud related to the Cash Call loans you must admit that you did not represent yourself truthfully when you applied for the loans.
“Getting that 10 grand was very easy. Just needed my FICO (I had around 630 at the time) and paystub (I was still employed as a programmer/analyst).”
Your FICO score may have been 630 at the time, but you knew that the FICO score did not include all of the mortgages that you had outstanding that you knew were quickly headed toward default.
I’m not trying to be negative but I think this debt will just get rolled into the bankruptcy.
March 1st, 2007 at 5:59 am
I agree with Nice Lady, post #3. If you can harness your webtraffic to get other foreclosed subprime borrowers together, say from Countrywide, you could find an attorney to file a class action on your behalf on contingency. I think alot of folks have been talked into lending products that were not in their best fiduciary interest, and also scammed by phony (high) appraisals. Not to say Casey is purely a victim, but many others people ARE true victims of shady lending practices. Casey is one of the few celebrity (quasi) victims (a stretch, granted), but this is your chance to be an advocate and help others in the same sinking ship. If you don’t declare bankruptcy, why not go on the offensive here? Do something positive for a change!
March 1st, 2007 at 6:09 am
Uh oh, casey… They are now on your blog!!
March 1st, 2007 at 6:13 am
http://www.creditboards.com/mambo/
Shows how to deal with creditors and get them to stop calling and eliminate debt. Not a pay site - just a forum of people trying to help themselves - try it casey.
March 1st, 2007 at 6:27 am
Casey,
Don’t you have the slightest sense of what is right and wrong? If I were you, I’d be rolling on the floor with guilt over just this, and you have committed so much more.
You only paid CashCall because it was inconvenient to close the WF account? You intend to repay the debt if you ever get around to it?
If just 20% of the population were like you, this country would collapse.
March 1st, 2007 at 6:34 am
CashCall is a predatory lender.
Someone needs to expose these scumbags.
Keep us posted on their collection efforts, im sure it will get interesting!
March 1st, 2007 at 6:34 am
You can’t be both public and private at the same time. You already found that out when you had to take all of your old personal photos on Flickr down, but people had saved them. If any of this bothers you, the problem was going public in the first place.
P.S. We all know you “want” to pay CashCall. But we also know what it means when you “want” to do something that involves money. It doesn’t happen.
Let me parse your last paragraph for you…
Maybe ….. I should ….. Maybe…..
Sounds rather like you “want”ing to pay them.
Anyway, good post.
March 1st, 2007 at 6:45 am
Why don’t you read the fine print of the Cashcall loan. I bet there is a section on default, nonpayment or stating that you have no ability to pay off the loan.
If you speak to Cashcall they will have only one statement/question: “You currently owe $XXX.XX dollars. When do you plan on bringing your account current?” followed by “We are sorry for your current economic hardship. We assume you will be getting a job so you can make your next payment?” followed by “When can we expect a payment?” Followed by “When can……
March 1st, 2007 at 6:50 am
What sort of friend uses their friends as references for a loan? Did you ask your friend whether you could give Cash Call their name and number when you took out the loan? I’m guessing not.
If you were even half way qualified to borrow, you wouldn’t have needed to put friends’ names and numbers down. Your desire to ramp up as much debt as you could before the sky fell in had a cost - the cost is the respect of your friends. I’d be really pi$$ed if a friend had given my name to any lender as a reference.
March 1st, 2007 at 6:52 am
Doug, doug, doug…. you think Casey should get a job to pay Cash Call? He shouldn’t have to put himself out that much. Paying off debts is for loosers…
March 1st, 2007 at 6:56 am
Casey,
Just tell Cashcall to pose as a “supporter” on your website as those are the only posts you respond to.
The good news is if they’re calling your friends, that won’t take long.
March 1st, 2007 at 6:56 am
@Nice Lady #3. I call bullshit (and it’s obvious to anyone who knows anything about mortgage lending).
If you are saying you took a 400k loan to buy a house and then somehow used that loan to instead buy 4 different houses, you are lying. It can’t be done.
A lender would approve your loan based on a purchase contract for ONE specific house and with ONE appraisal for that property only. The money would be funded through a closing attorney or title company and nto given to you directly. You would need 4 loans, 4 appraisals, etc. to do 4 100k loans.
The ONLY way to do it with a loan is a cashout loan or home equity loan on a property you already own. NO lender will do what you are saying.
March 1st, 2007 at 6:58 am
Casey: You should record your call to the CashCall Fraud Department and post the sound file on the BLOG. You do have to get permission but that makes the sound file even better since it freaks them out. Tell them that they can talk to Casey if they agree to be recorded…
March 1st, 2007 at 7:06 am
@ Nice Lady:
$400,000 probably wasn’t $4,000/month - you didn’t account for the decline in rates since you bought your first place. And pelase don’t generalize - there are plenty of Realtors who are not going to promote adjustable rate mortgages, and there are also many people who they are ideal for as very few people own their home for more than 10 years.
March 1st, 2007 at 7:12 am
Casey,
It’s illegal for a collector to reveal a bad debt to a friend or neighbor. If they are just calling asking for your contact information, that is one thing. If they reveal late payments to your friend, they are breaking federal laws, and could be liable to you for $1k per violation. No matter how much you owe, debt collectors still have to follow the law.
Good luck to you. You will eventually succeed.
March 1st, 2007 at 7:13 am
Quick question, Casey - how can you afford to fly to Utah this weekend but you can’t afford to pay a dime twoards a debt you took out?
March 1st, 2007 at 7:13 am
Casey:
When you cet Cash Call on tape ask them if you can make a deal where you pay your debt down one click at a time by putting a link to them on this site (you can try to make a similar deal with other credititors)…
March 1st, 2007 at 7:29 am
It is pretty obvious Nice Lady was speaking figuratively when she said “I took the $400k, instead of buying a single (crummy)house in an expensive area, I relocated and bought 4 houses for $100k each. I live in one and 3 are rented for $1000 a piece… Now THAT’s a sweet deal!”
She immediately follows this with “My lenderS”, meaning of course there was more than one deal. She was just making a point that for the same money, she got a house to live in and $3000 of cash flow, instead of just one big house payment.
March 1st, 2007 at 7:33 am
“I really do mean to find a way to pay the money back and there was no loan fraud at all committed with CashCall.”
Then get a job Casey. 2 or 3 jobs.
Until you do that I doubt anyone believes you.
You’ve played around since you started this blog. You’ve accomplished nothing but get into more debt. It’s gotten so bad you have to borrow gas money for the car you borrowed. It’s obvious that you can’t make a real income doing what you’ve been doing. You’re being so lazy that you’re willing to impose on everyone around you just to avoid getting a job. Wake the heck up Casey.
March 1st, 2007 at 7:52 am
You want to, but you won’t. It’s the story of your life.
March 1st, 2007 at 7:57 am
re: “Casey, you are insolvent, they can’t do anything to you. You’re judgement proof. However, they will be relentless. You can sue them for breaking collections regulations if they call your family, friends, yell at you, call at weird hours, etc. Look it up. I’m dealing with some collections people for a 5,000 dollar credit card default but the SOL is almost up so I don’t bother talking to them.”
CashCall can get a judgement. Then the SOL won’t apply.
BTW, why would you be a deadbeat over 5k? You could have paid back what you borrowed in less than a year by working a part-time job at minimum wage. How lame are you? I see why you’d support what Casey is doing. Lazy deadbeats always stick together.
March 1st, 2007 at 7:58 am
Casey, you have a right to be worried about CashCall. In this very post you said “I’m in lender ignore mode”. That means you are not talking to the people with whom you have a legal contract and an obligation.
OF COURSE they’re going to get pissed off and do whatever they can to try to get in touch with you. What else did you expect? They are in business to make money, not lose it.
You need to talk to them and do something, anything, to try to get on track with a payment plan, even if it’s only $10 a month. Otherwise, you just look worse and worse.
Although come to think of it, maybe you should try the CashCall techniques on that so-called friend who you lent money to and never paid YOU back.
March 1st, 2007 at 8:00 am
I just googled “cashcall” and Imfacingforeclosure.com appears on 20th place!!!!
come on Casey, mention cashcall a few more times and we are right in TOP TEN.
They should pay you for your advertises
I love this blog!
March 1st, 2007 at 8:07 am
You stopped paying CashCall?
Helloooo default APR.
Ninety-nine-point-two-five percent.
Ninety-nine-point-two-five percent!
Ninety-nine-point-two-five percent! Nnnnngh! Up from twenty-one percent!! Within one year! Which meanst that all these exclamation marks I am putting in are justified!!!
sc:itsallgood
March 1st, 2007 at 8:15 am
re: “Get real, there is no way a lender would start calling your friends to tell them to give you a message.”
Sure they will. If that’s not successful they’ll cross-reference him on Lexis-Nexis and start calling family, neighbors and anyone else who’s linked to him on L-N.
March 1st, 2007 at 8:17 am
Chin up!! As the Great Percy Ross used to say “The world is full of genies waiting to grant your wishes”! Too bad he wasn’t still alive to bail you out.
March 1st, 2007 at 8:17 am
@ #17: “Get real, there is no way a lender would start calling your friends to tell them to give you a message.”
Stop drinking toomuchcoffeelady and pay attention to the real world–this happens all the time! The other thing they do is call your neighbors and ask them to “please deliver this message” as well. I know, because I got several of these calls many years ago when my former neighbors were in default on their house, which seemed like every few months. I can’t see it working, but they keep doing it, so it must.
As for calling CashCall to be “courteous”, they’re only interested in getting money, and they will keep calling (or writing, if you demand they stop calling under the Fair Credit Collection Practices Act) until they get your money. So, you can call them, but all they’ll say is “I don’t care, you need to send money.”
I have a feeling you’re expecting to hear them say “Thank you for calling and updating us. You’re such a sweet boy/man/sunflower, unlike our other borrowers. Just because you called, and because you’re a Christian and promise to pay us back, we’ll lay off you for six months and we won’t even charge interest. In fact, do you need some more money now? We’ll give it to you! You’re special, and the rules don’t apply to you!”
March 1st, 2007 at 8:19 am
What about Utah?
Are the buyers screaming at you about what is happening with the money they are sending to somebody?
Do they even know that the money isn’t making it to the right place?
March 1st, 2007 at 8:19 am
“but many others people ARE true victims of shady lending practices.”
Oh please… Did someone force them to sign on those loans?
March 1st, 2007 at 8:21 am
“I really do mean to find a way to pay the money back…”
Say, if you got a job, they’d pay you money, which you could use to pay your creditors. You rule this out because it might give you dish pan hands. Do you understand how insulting this is to me? I’ve got debts, and I go to work every day. Sometimes it makes me tired! Sometimes I can only post on my internet blog, “Gosh, I’m tired.” Other times I take vacations or take time off, paid for with this stuff I earn from working and creating value. And creditors? I pay them, too.
March 1st, 2007 at 8:22 am
I thought you were making $3000.00 a month from Chris? Did you screw up your salary situation again? Have you seen your accountant yet about your tax return?
Jozsibacsi
March 1st, 2007 at 8:24 am
If you call Cash Call, they will play a recording for you before you get connected to an operator which will say something to the effect of, “This call is being recorded for service/training/whatever purposes” Since they already put you on notice that they are recording the call - you are certainly allowed to as well without having to notify ask the operator for permission.
It is correct that in California both parties need to agree to be recorded - but they saved you the trouble of having to ask them, since they already put you on notice that the call is being recorded.
March 1st, 2007 at 8:24 am
re: “CashCall is a predatory lender.”
My God! Where do you people come from? Did CashCall strongarm people and force them to sign for loans? No. Does CashCall not provide terms and conditions(fine print) for people to read? No. It’s not CashCalls fault that people make bad decisions. In fact, you can bet those borrowers were happy as heck with CashCall when they got the money.
Have people forgotten about personal responsibility. Nobody can make anyone take out a loan against their will.
March 1st, 2007 at 8:28 am
Nice! Your blog entry at http://iamfacingforeclosure.co.....l-for-now/ is currently on page 3 of Google’s search results for “CashCall”, and quickly rising!
With any luck, this particular entry will also quickly find its way to Google’s index and then to the first page and beyond!!!!!!!!
March 1st, 2007 at 8:31 am
7. Rob BBB
“In California it is illegal to record any conversation, including a telephone conversation, unless you have consent of both the parties. Just a heads up.”
On many of these automated calls, there will be a message that says “This call may be recorded …”
That means you can record it. There is implied consent, both ways. Just go ahead and record. If the recording turns out to be improper, don’t use it.
March 1st, 2007 at 8:38 am
Another typical example of how the self-absorbed con-artist brings down everyone in his path. I would love to have been there when he was asked the question: who do we contact in case you don’t pay? Casey had no problem then throwing his friends under the bus because in his mind, they were just a stepping stone to him getting more money. There was no plan to ever pay them back.
Typical begger..say what you want everyone to hear and bring the house down around you. Nice.
March 1st, 2007 at 8:38 am
Casey -
You should get on the phone ASAP and tell CashCall that when things are rough, when you can’t get the money you thought you deserved and people just aren’t taking your calls, that sometimes, well……a good juice helps. I’m sure they could use some reassurance.
And, maybe they could stop by your folks house and pick up some of that fruit, too.
Let the altruist in you shine, Casey.
Shine, Casey, Shine!
Juice it up and Shine!
Blend it up and Beam, young man!
Grind it and Grin, and grin again!
Germ it till ya Sperm it!
(love the site….all of Sacto is very proud)
March 1st, 2007 at 8:43 am
>
LOL! “Um, Casey I donb’t really care about them harassing me…I am just concerned about you..you know, your well being, how you are.” Um..check the websie he is doing fine!! Jamba Juice, Starbucks, fame, noteriety, not a care in the world.
Seriously Casey, your post reeks with arrogance. YOU took the banks money. YOU closed the account you knew was funding it. YOU took the money and ran. YOU had no intent to pay. YOU stole the money. YOU are entitled to pay this back. See, if it is on your shoulders it becomes something different…it becomes “responsibility” - something you have yet to show. Yes, they have every right to go after you and your friends. Yes, it will get worse. Yes, you do need to pay.
GET IT TOGETHER!!!
March 1st, 2007 at 8:45 am
Casey,
I own property near here. I need someone like you to head this thing up. I don’t have time to assemble a winning team but I know you already have one in place.
Take that haters.
March 1st, 2007 at 8:48 am
You haven’t updated your spreadsheet in about a month. UPDATE IT! STOP PROCRASTINATING!
Jozsibacsi
March 1st, 2007 at 8:57 am
Go get a job, you lazy bum. You refuse to post what you do all day which tells us that you do nothing. Don’t think that the lame-o posts about your day at the foreclosure means anything. First, that’s probably the first time you’ve been out of bed in a while, second, there are 6 hour gaps in your record,and third, you made half that stuff up. Go get a job and start paying your debts.
March 1st, 2007 at 8:58 am
Casey,
No need to ask permission to tape the call. These state statutes were put into place to protect the consumer. It may be technically illegal to tape an intrastate call where you do not have the other party’s permission in CA, but to actually get in trouble for this is completely ludicrous. First off you can say that you did indeed receive permission before the tape started. I would love to see a regular person punished for something like this. There are just too many ways out of it to get into trouble. The laws are so disjointed that it is a total mess. I say go for it and post it for us to hear. Anyway you are in so much trouble as it is what in the world is this charge gonna make in the grand scheme of things??? Nada. Might increase web traffic too!
Melvis
March 1st, 2007 at 8:59 am
Why don’t you just talk to them? Call them once a week and keep them off your back. Set a day aside (Friday) when you call all of your creditors. This is being proactive, and this is the way you get out from under this mess — you have to stay on top of these things. You have given them the right to control your life otherwise, and you will really become a slave.
This is where you can hone your negotiating skills, especially the saying “no” part — the most important part, by the way. You don’t want to ruin your freindships. What can they do to you at this point? Ten minutes of your time is very cheap these days.
March 1st, 2007 at 9:01 am
Why are you going to Utah?
March 1st, 2007 at 9:06 am
You know what would help you acquire the means to pay this debt you so sincerely want to pay?
A J.O.B.! We’re talking 200 clams a month payments, not the whole $2.2 million enchilada, so you can’t claim a $15/hr job — even part time — can’t cover that!
March 1st, 2007 at 9:07 am
just one question:
WHAT, WHAT, WHAT DO YOU DO FOR $$$???? HOW ON EARTH IS IT THAT YOU ARE ABLE TO JUST KEEP GOING DAY TO DAY WITH ZERO INCOME?
EXPLAIN, NOW. Have you confused “Debt” with “Revenue”? Did you get the meaning of (minus) and plus mixed up?? I mean, it’s staggering that someone can just keep bumbling along through his day and not be employed for this long.
staggering. Only gonna get worse, now that the world markets are tanking. It’s hard enough for you to secure gainful employment during boom times. I can’t imagine how you’ll get a job at Starbucks now.
March 1st, 2007 at 9:25 am
I agree: Nice Lady is BSing us. Of course she’s not going to be able to just take the $400K approved for one house and transfer it to 4 other houses — especially when three are investment properties AND she just moved to a new area and has a short time or no time at a new job. I’d say “nice try,” but it really wasn’t.
I can’t believe people are doubting that CC would call friends or references listed on an application. What do you think they ask for that info for? To add them to their MySpace friends?
I’ve gotten calls from collectors and lawyers regarding neighbors I haven’t even met; they use a reverse phone directory to find the deadbeat’s neighbors. And I’ve gotten calls at work about co-workers and ex-co-workers.
There’s nothing illegal about it, as long as they’re not harassing anybody. Haven’t you ever heard of a skiptrace? They know all sorts of tricks to track people down.
March 1st, 2007 at 9:29 am
Hey Casey,
Maybe you should start practicing a different kind of juicing, one that would be more useful in your future residence. http://www.blacktable.com/gillin030901.htm
Cheers,
–kirk
P.S. Casey, this was meant in jest, not as a hater comment. Hope you take it as such.
March 1st, 2007 at 9:33 am
At this point Caset & his blog and issues are becoming a farce.
He cannot be ‘working on new, sweet deals’ in the real estate world because he cannot get financed for more debt.
He might be working on ’sweet deals’ to attempt to parlay his relative fame in the interweb world into something bigger. Good luck with that…he’ll need it.
He has skirted around the issues, and basically has not taken steps to resolve his issues. In his little head he believes he has, but he hasn’t taken action…ie getting a job.
He has not taken any action to improve his homes or fix them up.
He has not attempted to market his houses (putting up a for sale sign is not marketing!)
Can Casey please explain how he is in the real estate business if he is not working on a daily basis on his current properites?!
If he got a job paying $40k a year at least he could pay off some fo the credit card bills over time. he may lose the houses but at least he could show SOME ACTIOn towards paying the debt…but nothing happens.
This blog is losing my interest real quick.
March 1st, 2007 at 9:36 am
4. CashCall Fraud Department
March 1st, 2007 at 2:42 am
Casey, we at CashCall™ are just a little ticked off at you right now because… in essence, you’ve stolen nearly $10,000 dollars from us. That’s felony grand larceny, my friend.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Yawn. This is a simple civil matter. Nothing to see here. Move along. Well, it is unless he lied on his loan application. He wouldn’t do that, would he?
March 1st, 2007 at 9:44 am
Like any of us are *surprised* that CashCall is chasing you.
Why are you going to Utah?
How are you funding the trip to Utah?
March 1st, 2007 at 9:45 am
23 Zewg - What keeps Cashcall in operation is that they toe just inside the legal limit of what is acceptable (interest rates, methods to collect, etc). Why do you think they are incorporated in South Dakota? They also know exactly what is acceptable behavior and when they can nudge over the line (like the incesent calls).
27 Flabbergasted - I think we both understand that Casey’s little ride with CashCall has only just begun. Just remember you can’t get off the ferris wheel until you pay off the conductor.
Casey,
Understand this, Cashcall (and First Bank & Trust of Milbank) runs a loan company that is just this side of legal loansharking (or predatory lending if you prefer the term - Cashcall only operates in 46 of the 50 states, the other four will not let allow that type of lending). Ignoring them will not have them go away. Cashcall has a reputation for ruthlessness not seen outside of pitbulls. You could probably negotiate with Wells Fargo, HSBC and MasterCard (assuming you could set up a standardized regular monthly payment with them), but not with CashCall. Cashcall does not negotiate, they just want the money every month, as you contracted with them. Anything less (or partial payments) is courting trouble.
You bought yourself time with Wells Fargo when they raided you for $1000 to cover your loan payments. In another month or so you will be back where you were with them. In a month or so all of your (unsecured) loans will be over three months due. I can only anticipate real trouble will be coming down the pipe fast. Do you expect your loan companies not to start legal action against you?
I once had a credit card get three or four months back and over limit (I was out of work and looking for work). I got the official collection notice from their lawyers. I called them up to find out what my options where. I managed to work out a repayment plan that I had to obey rigidly for 6 months or they would automatically turn my account over to a collections agency, collections court etc etc. I made it through that. Note: 3 years later I still am paying the primary balance down and unless some miracle happens I anticipate having that (single) credit card for another 2-3 years (and I’m paying off at $50 over the minimum monthly payment).
March 1st, 2007 at 9:47 am
“I’m just concerned that CashCall might get the wrong idea about my intentions by glancing at the internet activity”
You mean the right idea of course.
RIO RANCHO FORECLOSURE TIME! That’s today. Yet another failure. Congratulations.
March 1st, 2007 at 9:52 am
#17. toomuchcoffeelady
Get real, there is no way a lender would start calling your friends to tell them to give you a message.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Of course they would. That section on loan apps that says something like “Personal references” is not for them to call and ask if you are a swell guy before lending you money. It is code for “friends and family contact info so we can call them if you stiff us and go into lender-ignore mode.”
If you have a car note in default and the repo man can’t find your car at your home or work, they start looking at the addresses in the references section. Repo men LOVE to go to your mother’s house on Christmas and snatch your car while you are inside opening presents.
March 1st, 2007 at 9:54 am
I don’t hate you, Casey. I think someone is out to ruin you by doing these shady deals and I hope you make it through ok.
I also took a big Cashcall loan and I’m worried that I can’t make payments due to a job loss. So please let me know what all they do so I can be prepared.
Thanks,
Melatonin Eater
March 1st, 2007 at 9:58 am
chimpCasey
Answering your phone is important, right up there with opening your mail.
By avoiding talking to these people you are avoiding the problems you have created.
You need to aswer those phone calls every day and deal with the discomfort of talking to them. You have created this. Avoiding talking to them will help you avoid some discomfort in the short run, but will amplify it in the long run.
Suffering is an illusion.
March 1st, 2007 at 10:07 am
Good Morning!™ (Almost an early riser™ today).
Let me fill you in on the second half of yesterday and what I have been up to today.
First off I want you haters™ to try and tone it down. I know that I probably shouldn’t have gone to cash call, but I was in need and the idea seemed, well, almost seductive. I had every intention™ of paying back every dirty penny™, but things changed. I am sure with some of the sweet deals™ I’m working on that things will quickly be turning around. So for the mean time, please stop the negativity.
OK, to summarize:
2:45 PM (yesterday) - Held a meeting with one of my business partners™ regarding a potential sweet deal™ that would generate the passive income™ I’m looking for. He thinks he has a source for a hard money lender™ that wants to stay in the background and let me handle the details of the transaction and day-to-day operations. My business partners™ seemed very upbeat and offered some creative solutions as to how keep my current situation from being the topic of conversation. I told my business partners™ i wanted everything to handled in an ethical way™. No shady dealings.
4:25 - Done with meeting with business partners™. It looks like we can close on a 400 unit structure in North Natomas in about 30-45 days. Sweet!™.
4:30 - Disaster struck. I was in my friends borrowed car and I didn’t notice how low on gas the car was. Just as I was looking down in horror at how little fuel I had left, the “check engine” light came on. My thinking was that this was a warning about how little fuel I had left (I already realized that, right?) So I continued driving at a reduced speed to save gas (I need to consider a hybrid to help reduce my carbon footprint - it is really better for the environment and helps to reduce greenhouse gasses and global warming. I made a note™ to mention it to my friend later). Just then, the engine made a terrible screeching sound and stopped almost immediately.
I have never run out of gas before so I assumed™ that this must be what it is like.
4:50 - I get ahold™ of my friend and embarrasedly mention my situation to him. He tells me he understands™ and he will get a ride and bring a couple of gallons of gas. I tell him I’ll make him some sweet juice™ to pay him back later.
5:40 - My friend™ arrives with the gas. He puts it in the tank (some day I’ll have to take a basic automotive class to gain a deeper understanding so I can be more self sufficient) and we try to start the car. Unbelievably, the car seems to have had the battery die at the same instant it ran out of gas.
My friend™ is now staring in horror at his car. He says that the check engine light was related to the oil level in the engine and not the fuel. He say that the engine is likely fried and that they are very costly to fix. I tried to console him by telling him that my roadside assistance™ plan covered any car I was driving and that it would pay to have his car towed.
7:30 - I finally get home after having the car towed to my friend’s™ house. He is bitter and I don’t think I will ask to use his car any more. I need to focus on getting the Jetta’s™ tire fixed instead so I will have reliable transportation to/from important business meetings™. I notice two more “overnight” packages and a certified letter to me that G’s™ sister kindly placed in a neat pile in my office™. I will have to make a point to put them near the top of the stack of my mail tomorrow, as I have another business meeting™ with some potential investors™ tonight.
7:40 - G™ is unhappy with the whole car situation. We have some heated word, but I explain I have an important meeting with some potential investors™ at 8:00 and I won’t be back until late.
8:00-1:45AM - Business meeting with investors™ wet reasonably well, I can’t divulge any details yet, but they have a connection in Chicago that *might* be able to provide a portion of the funds for a new venture without alot™ of documentation.
8:45AM - No early riser™ today. I missed it because of the late hour of last night’s meeting.
9:10 - A quick (and light) fresh made juice (I though about the advise™ on being careful of an allergy developing, but I am only on day 2 of my regimen and I will start being careful on Saturday.
9:30 - a quick jog around the block and then I plan a 90 minute meditation™. I am trying to find a balance in my body’s energy centers and a book I am reading (The interior Zen of Harmonic Balances through Homeopathic Regimens) says that meditation and essential earthy nutrients are the first step in meditational cleansing.
9:45 - Broke meditation early (I had every intention™ of meditating a full 90 minutes, but Cash Call found G’s™ sister’s telephone number. I answered it and they asked who I was. It was a moral dilemma, because I intended to be ethical™ in dealing with them, but I was still in denial mode™. I said I was G’s sister’s cousin visiting from San Diego and I just arrived last night and wasn’t sure who was staying here. I know that wasn’t the right thing to do™, but I had to have some time to plan on hat to talk to Cash Call about. I’ll set aside some time on Friday to make a list of discussion points with them so when they next call I will be prepared).
9:50 - Going to go shower because I really need to check on what to do about the missing check™ from Utah. I know I have been a little slow™ in aggressively dealing with it, but I must make it a priority.
I’ll update more later (gotta check on several gyms in the area so I can get back to being big™. I have heard that a few will let you try them for a week or two at no charge in the hopes you will join them. Hey, it is a way to stay focued™ on my energy centers without expending valuable funds, right?)
March 1st, 2007 at 10:10 am
Some advice Casey:
Now you should stop referring to them by name.
Only use the term ‘Creditor.’
Why further raise your visibility?
From now on just report the facts
Like the details of when they call you
Any correspondence as well.
Kind of bums me out to hear about the
Extreme situation you’re in.
-ME
March 1st, 2007 at 10:15 am
Offer to make them a glass of Casey’s sweeeettt Jamba Juice. Maybe a weeks supply in lieu of payments. You think the collections lady is bad? Wait until you start to be served with the lawsuits. Let’s see what happens when you blow off a court order. Bubba’s getting lonely- needs his mistress.
March 1st, 2007 at 10:31 am
Long time reader, wanted to add my comments. Casey let’s forget for a moment everything you’re doing with real estate and running a business. What are you doing about taking care of yourself and your immediate family?
For example do you have liability insurance to protect you in case someone sued you in court and wins a judgement against you personally? My policy with State Farm only costs about $13 a month for a couple of million dollars in coverage.
Another example, do you have disability insurance to provide monthly income if you had a heart attack or injury and could not work a normal W2 job or run your own business? Don’t count on social security, get your own policy from a company like Berkshire Guardian.
And more examples, do you have life insurance on yourself that will pay your loved ones enough money to get rid of all debts and help them keep on living without you? How about an updated will so you can avoid probate? Advanced healthcare directives to explain what steps should be taken when you cannot make decisions due to serious injury or illness? Do you have any money sitting in 401k or Roth retirement accounts that you could borrow against? Any money parked at an interest bearing account like money market, mutual funds, certificate of deposit, or invested in cheap stock brokers like sharebuilder.com?
Since you are so young, I’m going to guess the answer is no, or that you will plead you’ve never heard of these protective measures or care about setting them up. But you should. Honestly it’s not that hard to have all of this stuff up and running in a couple of weeks. This is something that you take care of before starting a business, something you plan before risking your future and the well-being of everyone around you.
Can you please comment on these ideas and any measures you have taken related to asset protection?
March 1st, 2007 at 11:13 am
All of you who keep telling Casey to get a W2 job are wasting your breath. He has no intention of getting a job. If he gets a job he knows that Cashcall and all the others will garnish his wages as soon as they can.
March 1st, 2007 at 11:13 am
I am just curious what you were thinking when you took out any loan? Did you ever thought about how you were going to pay it back? You said you aren’t going to get a job, but as soon as your last “deal” failed because the vendor googled you, don’t you think you should have tried to do something to get some income? I am curious because when I purchased my property, I made sure rental income would cover the expense. I’ve allocated $ in case of emergency (and one just came up). Frankly, debt is NEVER good nor bad. Just like fire, if you wisely, you can build many things, but if misusage of fire, then war break out.
Like many of your other readers, I am just as curious as to your self righteousness. You just talk and talk and talk about wanting to pay back all the lendor, but yet, you did nothing. You set some goals for 2007, you want to go back and check off any goals acomplished? or percentage accomplished?
March 1st, 2007 at 11:27 am
Actually what we all need to realize is that if this is all true(which in my mind there is no doubt) that sooner or later we will not be able to get updates.
Casey will no longer have the funds or access to update the site and we will not know the details as to what happened.
March 1st, 2007 at 11:30 am
How’s that short sale going? Or is the mortgage holder on “Casey ignore mode”. Or did you even manage to lick the stamp and send it to them.
March 1st, 2007 at 11:47 am
** Rio Rancho Foreclosure Auction Today!!!**
What were the results?
March 1st, 2007 at 12:19 pm
No way in hell would I employ casey at this point.
Who’s going to employ someone that deep in the hole - the temptation for crime to get himself out of the s*** is way too great.
I know the business that I work for and MANY others now do credit checks on every new hire.
March 1st, 2007 at 12:26 pm
Posters,
Enough of the advice. All of this stuff was said months ago and it was ignored then.
We need more humor.
@#76 Timeline Guy, dude, you missed your calling. That was hilarious.
March 1st, 2007 at 12:28 pm
I haven’t read this blog in a while but it is apparent that there are only asinine, dim-witted, imbecile, retarded idiot renters reading and commenting on this blog. Casey is a legit home owner and deserves respect as such. Most of you a******* are just jealous that you haven’t got the balls to do what Casey did. How dare you coupon cutting, nickel hoarding, rat steak eating morons insult him. Pack up your s*** and go home to your dilapidated, roach infested, ramshackle s*** shack apartment you jackass, meathead rent-tard!
March 1st, 2007 at 12:36 pm
What’s the word on the Rio Rancho auction??
Oh yeah……Get a Job!!!!
March 1st, 2007 at 12:37 pm
Oh my sweet jamba
According to
85. Loads o Money
“The problem that the FBI has is the number of loans you did. My brother got back to me; they’ve discussed it and they’re saying the number of loans means they want you in jail.”
Congratulations Casey, looks like you won’t have to worry about how to put food on the table for a while (as you’ll be getting free food from jail).
I guess Nigel’s super secret accountant with spy power was wrong.
Here’s my advice:
GET A JOB
SHOW them that you ARE (not trying) paying off every dirty penny you’ve loaned.
Don’t be a “looser”
March 1st, 2007 at 12:39 pm
@79. Lurker
For example do you have liability insurance to protect you in case someone sued you in court and wins a judgement against you personally? My policy with State Farm only costs about $13 a month for a couple of million dollars in coverage.
Liability insurance covers you for negligence. It doesn’t cover you for borrowing money and not paying it back.
Another example, do you have disability insurance to provide monthly income if you had a heart attack or injury and could not work a normal W2 job or run your own business? Don’t count on social security, get your own policy from a company like Berkshire Guardian.
Disability insurance gives you a percentage of your income if you’re disabled. Casey’s income is $0, so that wouldn’t make much sense. (Of course it wouldn’t cost much either).
March 1st, 2007 at 12:48 pm
Maybe you can work out a deal with
CashCall http://www.cashcall.com/
They can advertise on your site in
return for your endorsement and payments.
Which one of these loans did you get?
APR # payment
$20,000 Loan 24% 24.19% 120 $440.96
$10,000 Loan 21% 21.30% 120 $199.93
$10,000 Loan 34% 34.30% 120 $293.61
$10,000 Loan 39% 39.35% 120 $332.15
$10,000 Loan 44% 44.38% 120 $371.60
$5,075 Loan 59% 59.95% 84 $254.03
$2,600 Loan 96% 99.25% 42 $216.55
March 1st, 2007 at 12:55 pm
They have an opening, maybe you can
get an employee discount:
LOAN SALES AGENT
WE NEED HARD WORKING, DEDICATED LOAN AGENTS READY TO MAKE SOME MONEY!!!
CashCall, Inc., a consumer lending agency located in Fountain Valley, is seeking qualified, enthusiastic Sales Representatives to join our growing team. The Loan Sales Agent should have a strong understanding of Outlook, Internet and must possess at least average typing skills.
A Loan Sales Agent is responsible for the following:
Taking large volume of inbound calls
Assisting clients over the phone
Outbound phone calls to clients
Selling and producing loans
Entering accurate information into our web-based application and verifying the information to be correct
Meeting production numbers and goals that change on a monthly basis
Maintain a pipeline of clients
Update all clients files daily
Signing borrowers with potential loans of $1,000 - $20,000
Qualifications:
· Sales experience in a high volume call center preferred
· Enthusiastic, dynamic personality with high motivation
· Strong and clear communication skills
· Excellent attention to detail and follow-up
· Ability to work methodically in a fast-paced, high energy environment
· Knowledge of Outlook, Internet and average typing skills
**Any interested and qualified applicants please submit a resume to careers@cashcall.com or fax to 949)225-4629.**
March 1st, 2007 at 12:56 pm
I am willing to bet money that the NM property will foreclose today and that you will not be able to get the short sale on time.
Let’s see who is right.
Sweet
March 1st, 2007 at 12:58 pm
I see you.
March 1st, 2007 at 1:10 pm
#85:
“Suzy Orman ( she is my bird…) ”
She’s no one’s bird. She’s a d*** .
March 1st, 2007 at 1:28 pm
Hey Casey. Have you read your bio lately? Ouch.
March 1st, 2007 at 1:34 pm
Lenders are just too lax. We need to get back to the old ways of lending practice.
March 1st, 2007 at 1:48 pm
I don’t know why you are worried about negotiating a repayment plan. You have to have some kind of income to work out a repayment plan with anyone. Send them a small amount of money. ($20) Don’t ask them if it is ok. They probably will cash the check.
PS — I was actually in such a hard spot that CashCall turned me down. Lucky day!
March 1st, 2007 at 2:03 pm
Here’s a hint: if you give them their money,
they won’t call any more.
Problem solved.
Sweet !
March 1st, 2007 at 2:19 pm
http://www.larcc.org/pamphlets.....20judgment
A very helpful link about everything concerned foreclosure !
March 1st, 2007 at 2:20 pm
Cash Call Interest Rate Table
amt int # pmt
$20,000 Loan 24.19% 120 $440.96
$10,000 Loan 21.30% 120 $199.93
$10,000 Loan 34.30% 120 $293.61
$10,000 Loan 39.35% 120 $332.15
$10,000 Loan 44.38% 120 $371.60
$5,075 Loan 59.95% 84 $254.03
$2,600 Loan 99.25% 42 $216.55
Ouch!!
March 1st, 2007 at 2:22 pm
“Oh and one more thing. You’ve never told everyone exactly how much money you got cash back from your purchases, and where the money went. Was it 100% to debt service and capital improvements?”
100% to debt service? Are you kidding? He never made a payment on any of his loans. All of that cash back was awesome sweet juice and it was all good.
If the question isn’t “hey Casey, saw you at Denny’s last night, how are you holding up?” then your questions will be ignored.
March 1st, 2007 at 2:34 pm
STATE OF NEW MEXICO COUNTY OF SANDOVAL THIRTEENTH JUDICIAL DISTRICTNo. D1329CV200601364AURORA LOAN SERVICES, LLC, Plaintiff,vs. CASEY K. SERIN; MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (SOLELY AS NOMINEE FOR LENDER AND LENDER’S SUCCESSORS AND ASSIGNS); UNKNOWN OCCUPANTS, WHOSE TRUE NAMES ARE UNKNOWN, Defendant(s).NOTICE OF SALENOTICE IS HEREBY GIVEN that the undersigned Special Master will on March 28, 2007, at 12:30 P.M., Outside the Front Entrance of the Sandoval County Judicial Complex, 1500 Idalia Road, Building A, Bernalillo, NM, sell and convey to the highest bidder for cash all the right, title, and interest of the above-named defendants in and to the following described real estate located in said County and State: LOT 25, IN BLOCK 130 OF UNIT SEVENTEEN, RIO RANCHO ESTATES, TOWN OF ALAMEDA GRANT, SANDOVAL COUNTY, NEW MEXICO, AS THE SAME IS SHOWN AND DESIGNATED ON THE PLAT OF BLOCKS 129 THRU 153 OF SAID SUBDIVISION, FILED IN THE OFFICE OF THE COUNTY CLERK OF SANDOVAL COUNTY, NEW MEXICO ON MAY 12, 1969 IN RIO RANCHO ESTATES PLAT BOOK 1, FOLIO 86. The address of the real property is 6021 Guadalajara Road North East, Rio Rancho, NM 87144. Said sale will be made pursuant to the Decree of Foreclosure entered on January 4, 2007, in the above entitled and numbered cause, which was a suit to foreclose a mortgage held by the above Plaintiff and wherein Plaintiff was adjudged to have a lien against the above-described real estate in the sum of $413,777.37, plus interest from December 18, 2006 to the date of sale at the rate of 6.5% per annum, the costs of sale, including the Special Master’s fee, publication costs, and Plaintiff’s costs expended for taxes, insurance, and keeping the property in good repair. Plaintiff has the right to bid at such sale and submit its bid verbally or in writing. The Plaintiff may apply all or any part of its judgment to the purchase price in lieu of cash. At the date and time stated above, the Special Master may postpone the sale to such later date and time as the Special Master may specify. NOTICE IS FURTHER GIVEN that this sale may be subject to a bankruptcy filing, a pay off, a reinstatement or any other condition that would cause the cancellation of this sale. Further, if any of these conditions exist, at the time of sale, this sale will be null and void, the successful bidder’s funds shall be returned, and the Special Master and the mortgagee giving this notice shall not be liable to the successful bidder for any damages. NOTICE IS FURTHER GIVEN that the real property and improvements concerned with herein will be sold subject to any and all patent reservations, easements, all recorded and unrecorded liens not foreclosed herein, and all recorded and unrecorded special assessments and taxes that may be due. NOTICE IS FURTHER GIVEN that the purchaser at such sale shall take title to the above-described real property subject to rights of redemption. Dated: February 16, 2007. Robert A. Doyle Special Master c/o Castle Meinhold & Stawiarski 13725 Struthers Road, Suite 201 Colorado Springs, CO 80921 (800) 286-0013 (719) 634-4868 06-3139/Serin, Casey K.; P277716 Publication Date (s):March 1, 8 & 15, 2007
The Observer, Rio Rancho NM, retrieved 3/1/07 from http://observer-online.com/cla.....%20Notices
March 1st, 2007 at 2:53 pm
Casey
Why are you going to Utah?
March 1st, 2007 at 2:56 pm
So is anyone else curious to see what his FICO and credit report look like these days?
March 1st, 2007 at 3:27 pm
Casey:
You should roll all this stuff in to a book. If you get on Oprah’s book club you will sell millions…
March 1st, 2007 at 3:42 pm
Ignore CashCall. Tell them to STOP calling you or that you will sue them for invading your privacy.
Show them who has the bigger ballons.
March 1st, 2007 at 3:55 pm
Scot #52
you said cashcall word on google gets this page in 3rd page. NO NO NO
In my google, when I put “cashcall” this page gets on pace 14th (second page)!! exactly 8 hours ago it was on 20th (second page)
We are quickly rising. Lets go people, lets say cashcall cashcall so we get top ten.
I love this blog
Casey, they should pay you for this advertisement
March 1st, 2007 at 4:21 pm
OK, Guys. Really really hectic and productive day, complete with drama.
10:00 - Near panic attack! Blue ball™ appears to be not as large as yesterday during my morning check. Air pressure is now at 3psi (far too soft to be productive). That is a 25% decline in pressure. I must find out where all of that precious air went. I called a friend who has some “pull” at the airport and get the barometric pressure measurements from yesterday morning to this morning.
Although we have been having some climatological challenges (er, opportunities™) the barometric pressure has stayed relatively stable (29.22 in Hg vs 22.31 in Hg today), it hasn’t changed enough to account for the decrease in the blue ball’s™ pressure differential.
10:15-11:05 - spent time on the Internet researching possible causes of pressure differential in the blue ball™. Many theories abound, but the most promising is that there is a leak. What now? I’m trying to get back to a strictly modified vegan diet™ and my mind is swimming with possibilities. But a leak, hmmm. More to ponder.
11:15 - moderate™ some posts here and suddenly realize from poster 72 that today is Rio Rancho foreclosure day. S***! I can’t remember what the time differential between California and New Mexico is. If it is 11:30 here, is it 10:30, 11:30 or 12:30 there. Either way, there probably isn’t time to get there in time to intervene/record/document.
I wonder if there is a response to my short sale package in the mail (note to self™ make prioritizing the mail a higher priority)
11:45 - finished moderating the posts™ the haters™ are seeming to be dying down and there are some very sensible and forthright comments being posted. To all of you offering advise Thank you. To the haters™, thanks for keeping it to yourselves, at least for now.
11:55 - Contact Realtor® friend™ in New Mexico. I explain my completely missing the foreclosure sale date and offer apology. It is nice to be engaged with such hard working professionals™. She explains that she can contact some of her contacts™ and see what is going on. She also offers me the address and telephone number of her new side business venture “Limitless Ladies - Beyond Exotic and in Your Home”, explaining that with the real estate slowdown (not just in New Mexico I assure her), and since she is just 23 and only a semester of college, she and three of her friends are exploring a new opportunity™ in the greater Santa Fe area. She says that she should have her domain name registered and on-line credit card processing up by the end of the week (a good idea for a future post?)
12:15 - Juicy Juice time™! A healthy refreshing break from the ordinary today - winter veggies are in season! Carrots, cauliflower, Brussels sprouts (iron, you know), broccoli and tangerine juice (for tartness). Lots of B-complex and anti oxidants. I am feeling more vigor and stamina today. The regime is working for sure.
1:30 - Get a call from my friend™ about the borrowed car. His mechanic says it will be about $4,500 for an engine replacement. Ouch. I tell him I am really very sorry for confusing the check engine light and gas gauge. I tell him that I will pay back every greasy penny™ to his mechanic once my two new ventures (that’s right, but I can’t reveal exactly what they are until the hard money lender firms up his position and until I hear back from the Chicago connection).
1:45 - Make call to Chicago people. It’s 3:45 their time and I am told that they are unavailable, that they “are dealing with a most unfortunate set of circumstances involving a joint venture”. They have had to drive to Southern Illinois to personally deal with the circumstance and won’t be back until very early tomorrow morning. That’s disturbing. My friend™ who did the introduction did mention they were heavily involved with a leveraged™ import/export venture from South America. I hope nothing has gone wrong with customs.
2:20 - I get a call back from my Realtor® friend™ in New Mexico. She is very excited. It seems that when she and her business partners got to the auction, my property was up next. What happened next is truly amazing. Once they got out from the car, every head turned and the auctioneer called off the balance of the day’s trustee sales and my Realtor® friend™ and her friends got 11 bookings. Her card processing isn’t yet activated so they had “cash” buyers.
I tell her I’m excited for her success, but what about my options. She explains that if she is successful during the rest of the afternoon’s business, she can probably negotiate a 30 day extension during which she will personally negotiate with the lending officer on my behalf.
3:00 - Time to meditate on today’s events. I feel very blessed™ to have such hard working professionals™ on my team™. Even though I am working several States and time zones away, I feel a positive aura coming from the developments. If I keep the momentum™ moving and stay focused on my opportunities™ I think the short sale will be accepted and that the Chicago connection and the hard money lender™ will surface at just the right time.
Do you think I should take the Chicago deal as offered or counter? I don’t want to seem to greedy or to desperate. I need to meditate on it.
More to come.
March 1st, 2007 at 4:24 pm
For anyone who thinks the FBI does not care about this sort of thing or that Casey is some kind of small potato, go check out their website. There is whole division that deals with white collar crime and Casey’s particular type of mortgage fraud is described right on the website.
Spam word: sweet
March 1st, 2007 at 4:26 pm
Casey we know that you are reading so why aren’t you answering any questions? One topic that keeps coming up is the Utah trip.
What is the purpose of your upcoming trip to Utah?
How can you afford transportation to get there?
What did you do with the 1st payment the buyers made on this property? We all know that the check was sent to you in error or you would have already tracked it down and commented. Did you cash the check and spend the money?
I guess the biggest question I have is WTF is wrong with you?
March 1st, 2007 at 4:37 pm
I am also calling bullshit on #3 nice lady’s 400k approval on 40k household income. If you revealed your income to the loan officer, then someone was ready to commit fraud because you could not have gotten approval for that loan with that income. $2500 principal and interest, plus tax and insurance and PMI probably. Your gross monthly was $3333.33. Even using only the 2500 payment and assuming NO OTHER DEBT, your debt to income is 75%. The ABSOLUTE maximum debt to income ratio is 64.9%, so NOBODY would do a loan for you with documented income. If you stated your income to qualify and overstated it, then you nice lady committed fraud. You have only one other choice so if you did it some other way, explain it to us. If you are wrong, I’ll call bullshit again so be careful and be truthful.
spam word: winwin
March 1st, 2007 at 4:49 pm
I stopped reading after the first couple of comments. There’s very little point. You have only one option open at this point.
If you don’t do something now then they’re going to find the hater blogs which have your parent’s names and address listed, including your mother’s workplace.
If for some reason CashCall doesn’t find the hater blogs by themselves, I’m sure the posters on the hater blogs will be help them find the names and addresses.
Although my experience with bill collectors is quite limited and you seem to be the expert on dodging debt, even I know that you have to either pay the bill, file for bankruptcy, or send the bill collector a letter by certified, registered mail.
You don’t have any money to pay them back and you don’t have any collateral. You don’t want to file for bankruptcy. They’re not going to stop bothering you and “looking for you” by calling your friends. If you want them to stop calling your friends then you need to send them a letter.
Google up the email template and do it, assuming that you aren’t in the middle of one of your naps.
March 1st, 2007 at 5:01 pm
“APR # payment
$20,000 Loan 24% 24.19% 120 $440.96
$10,000 Loan 21% 21.30% 120 $199.93
$10,000 Loan 34% 34.30% 120 $293.61
$10,000 Loan 39% 39.35% 120 $332.15
$10,000 Loan 44% 44.38% 120 $371.60
$5,075 Loan 59% 59.95% 84 $254.03
$2,600 Loan 96% 99.25% 42 $216.55″
Cash Call NEEDS to charge a high rate of interest to be profitable because a high percentage default. They are not in business to lose money.
My understanding is the average amateur lender on prosper.com is losing money. They are underestimating the default risk.
March 1st, 2007 at 5:02 pm
>>For example do you have liability insurance to protect you in case someone sued you in court and wins a judgement against you personally? My policy with State Farm only costs about $13 a month for a couple of million dollars in coverage.
March 1st, 2007 at 5:04 pm
Whether Cashcall is based in CA or not, taping phone conversations falls under the Telephone Rule, especially if you’re going to post it on yoru blog. I think, for the purposes of this exercise, you need to consider yourself as a “reporter” and follow the laws accordingly.
Oh, wait. “Try” to follow the laws. Just like you always do.
Oh, and to whoever doubts they’re calling his friends — I lived downstairs from someone who defaulted on several loans and some rent-to-own payments. I didn’t know them, I wasn’t their “reference,” and they bugged *me* for information on their borrower. I can’t imagine what the person whose name you used is going to be facing. Not fun.
March 1st, 2007 at 5:05 pm
Quick update:
4:40 - Got confirmation call from my Realtor® friend™ in NM. She confirms what is posted her regarding postponement of sale from today to March 28th. Sweet!™. Since it is an hour ahead in NM, she is hard at the task at nearly 6:00 PM. She clearly knows hard work. One question, she want to know if she and her friends can use the Rio Ranch home a couple of times for a photo studio to make some publicity photos for her new venture. She also wants to know if it is OK to hold a small number of “low key” business meetings there. She is offering me 10% of any business that she brings in and thinks her model will be able to generate potentially thousands per month.
Her thinking is that if her venture takes off she might be able to branch out into other areas and since I have some vacant nondescript properties in other urban areas they might fit her business model. I am initially uncertain as to what to do, since I don’t fully know what her exact business plan calls for (she is a little vague on the details, only offering that involves “public relations types of events” and that by its nature it s designed to be marketed in a highly discrete manner to high net worth individuals who wish to explore some innovative opportunities). I’ll meditate on it some more.
My gut instinct is to go with it (what have I got to loose?™) and take whatever comes my way so that I can begin to find salvation™ on my way to getting saved™ so I can pay back every dirty (and now greasy) penny™.
I intend to discuss this with G™ and See her thoughts.
Any ideas-comments?
March 1st, 2007 at 5:13 pm
Mr. Crash, excellent post. Looking out for the law-abiding residents of Sac-town.
And get this, the challenge word for this post was ’sweet’!
Sweeeeeeeeetttt.
March 1st, 2007 at 5:16 pm
Timeline Guy:
YOU WIN THE THREAD! AGAIN!! BRAVO!!
March 1st, 2007 at 5:40 pm
Tell me young Casey, with two foreclosures on your credit record already, what is the benefit of continuing to avoid bankruptcy? If nothing else, it would get rid of all your unsecured debt including Cashcall.
Yoda
March 1st, 2007 at 5:49 pm
@114 Timeline Guy
“I feel a positive aura from the developments”. LOL. Time fer a big juice.
March 1st, 2007 at 6:29 pm
Casey, you’re famous! You got a Wiki page now! Sweet!!
http://en.wikipedia.org/wiki/Casey_Serin
March 1st, 2007 at 6:37 pm
How could you be smart enough to lie on loan credit but not enough to protect your friends’ privacy as well as your own?
$200 could easy be saved from Macaroni Grill (which I have never been to) and Jamba Juice (a few times only).
March 1st, 2007 at 7:12 pm
Casey,
Now that the Bank of Gary Coleman has begun calling, make sure you count all your digits before you get dressed in the morning. There should be 21, assuming, of course, you had no birth defects or accidents up to this point in your life. One of Gary’s goons may want to take one or more.
I think you are starting to get what you deserve. Trying not to hate, but since you refuse to get a job, it’s hard not to be
March 1st, 2007 at 7:13 pm
Anti spam word = cashback.
*Sweet*
March 1st, 2007 at 7:25 pm
Cay-sey,
Did you get a summons to a court in Utah? I know some peeps who can hook you up with a great lawyer in Utah.
Yours truly,
Utah Resident
March 1st, 2007 at 7:30 pm
Hello,
I am Mr. Ivan Balakov, I represent a top company executive in Russia. I have a very sensitive and private brief from this top executive to ask for your partnership to re-profile funds over 50 Million euro.
I will give the details, but in summary, the funds are coming via a bank in Western Europe, and this is a legitimate transaction. You will be paid 8% for your “management fees”, if I am able to reach terms with you.
If you are interested, please write me back by email and provide me with your names, telephone number and address and I will provide further details. Please keep this close to your chest as much as possible; we can not afford any political problems.
Write me back. I look forward to it.
Regards,
Mr. Balakov.
March 1st, 2007 at 7:46 pm
Ok, Casey, I have to get you praise for this post. This is actually useful, interesting materials. I want to hear about how debt collectors operate, how loan sharks collect their money, how wages get garnished, etc. - that stuff is worth reading about.
March 1st, 2007 at 7:47 pm
just thought you might reconsider… http://www.nextstudent.com/Nex.....Degree.asp
March 1st, 2007 at 7:47 pm
125 Jedi Master:
Simple reason to not declare bankruptcy: Casey would be subject to a fraud investigation. Somehow I think he wants to avoid that.
March 1st, 2007 at 7:50 pm
Re: #127 -
Someone should call up “Cash Call” and give them that link!
:)
March 1st, 2007 at 8:11 pm
casey, can you please write a post explaining how these transactions square with your Christian beliefs? Can you focus in particular on the Utah situation, and how a family might end up out on the street because you didn’t do the right thing?
March 1st, 2007 at 8:18 pm
Casey:
Can you explain your cash situation? I don’t understand how you are paying your day to day expenses. Are you down to your last few thousand dollars? Few Hundred? What?
March 1st, 2007 at 8:36 pm
You must really love your friends to drag them into this!
anti-spam = juice
March 1st, 2007 at 8:39 pm
why dont you answer your phone?
March 1st, 2007 at 8:43 pm
casey…you spent thousands on a education?
why cant you manage you money and pay cash call? it seems like every loan you borrowed you couldnt pay back?
March 1st, 2007 at 9:11 pm
103. Mr. Crash says: “Casey– for the love of the almighty and the safety of your neighbors in Metropolitan Sacramento– please declare bankruptcy so you can at least afford not to be a total hazard on the road with your poor-a** tires.”
The Jetta would look sweet rollin on dubs…
March 1st, 2007 at 9:14 pm
Casey,
Are you coming to Utah for some Noni Juice business opportunity or some other MLM opportunity?
Why don’t you bring all information concerning that missing Utah payment and I will help you track it down while you are in town with us.
So what really brings you to Utah, are you going to answer that one, and how you are paying for the trip?
CTR
March 1st, 2007 at 9:15 pm
My anti-spam word was signhere…
Anybody interested in a slightly used flat screen monitor with “T.White” written on it with permanent ink?
March 1st, 2007 at 9:15 pm
114. Timeline Guy glad to hear that Casey is letting you “bird dog” with him to watch the master at work. Has Casey been making any tastey vegan snaks with meat?
March 1st, 2007 at 9:36 pm
Thanks for sticking it to the MAN over and over again. This credit bubble has allowed people like us - who never would have otherwise - to get their hands on hundreds of thousands of dollars…and totally screw the system.
I never had the nerve to do what you did. I sold off my real estate before I used up all my gains and put a small 20K nest egg in the bank.
In retrospect, I should have kept going because now I’m living in a crappy basement apartment and working in a crappy job. Meanwhile, I’ll probably never own real estate again because re-entering again at this point is impossible.
You’re the one with the popular blog, not me.
NO GUTS NO GLORY
March 1st, 2007 at 10:13 pm
cashcall deserves everything that is coming to them, err, not coming to them - their money. How shortsighted can you be?
We are in a credit bubble and they are on the a** end of the wrong business.
March 1st, 2007 at 10:15 pm
Dude, how many people do you think are going to calll Cash Call’s 800 number that they saw via the link from YOUR webpage to ask about how they can get $10k that they don’t have to pay back, just like Casey Serin?
Casey, I’m honestly starting to feel guilty about reading your web page. At this point you’re the class clown of real estate investing. Unfortunately, like any class, the clown isn’t interested in achievement or acquiring skills or knowledge, just with getting attention. Good attention, bad attention, it doesn’t matter, as long as people are paying attention to you.
And that’s why I don’t feel good about reading this website. I’m not reading this website because I’m going to learn anything. I think we’re all reading this website for the creepily voyeuristic pleasure of watching someone willingly and enthusiastically commit economic suicide.
Hey! Snap out of it already and get a job! No offense intended, you just need a wake up call. I know that for someone from the former Eastern Bloc, capitalism may look a lot like magic, but there are specific rules to acquiring wealth, and they begin with acquiring skills and knowledge, and the ability to provide people with the goods and services people are willing to pay for.
What good or service do you think people are going to pay you money for?
If you can’t answer that question, you are going to have a hard time making any money.
Your real estate plans are based on a faulty premise. In a world with long term15-20% appreciation of real estate (which has been the case for several years in parts of California), your plan could have worked admirably, had you actually followed through on your plans to fix up the fixer-uppers.
But then reality hit. Not only aren’t prices going up significantly, they’re not going up at all. Not only did you not fix up the homes, you’ve neglected them, to the point that one of them was having squatter problems.
So now what? You didn’t make money by speculating, as you bought high and sold (or were foreclosed) low, which is the opposite of the usual plan. You didn’t add any value to the properties through renovation or improvements, so you couldn’t sell them for a profit that way. You didn’t purchase them at enough of a discount to rent them out at a profit, so becoming a landlord would have been destined for failure.
So, without mentioning any guru, or alluding to some vague “sweet deal”, explain exactly what your plan is to make money in real estate? What are you going to offer in exchange for the money you’re hoping for?
Or are you just planning to come down to L.A. to pitch yourself as a reality TV show? That would give you more of the attention you so crave, if not necessarily the money you need to succeed.
March 1st, 2007 at 10:22 pm
Dude, you screwed them out of $10k.. You think they are not gonna come after you with everything they’ve got? The bank at least has an asset to hold onto. Cash Call simply has your word and bank account #.. Oh wait, now they don’t have either.
I’d probably give them your personal info if I had it just because you are essentially a criminal at this point. I’m waiting for the photoshop wanted poster.. Casey Serin - Wanted For FRAUD - Reward 10,000 Flooz
March 1st, 2007 at 10:41 pm
#17 toomuchcoffeelady:
“Get real, there is no way a lender would start calling your friends to tell them to give you a message.”
You obviously don’t know much about how things work in the sub-prime lending market … why do you think they ask applicants to list friends/references when they apply for the loan??
March 1st, 2007 at 10:47 pm
If everyone would just give casey $50 to $100
he could get out of his mess.
casey has a tip jar on the main page linking to
paypal where you can give him a donation.
You can also send CashCall a payment asking to
apply it to casey’s missing payments as charity
for serin.
I can’t because I don’t have the money, but if everyone
would send a donation every month this thing
can be fixed in a few months.
March 2nd, 2007 at 1:10 am
the walls are closing in… you may open your door tomorrow to find a bounty hunter or repo man..
for the sake of “education”???
sigh.
March 2nd, 2007 at 1:14 am
I’ve been reading on and off since you put this page offline for a while a couple of months ago.
Seeing how you’re ignored all advice given, and are still awaiting for magical things to bail you out of your screwups, the only successful outcome I can see of this is, what somebody already suggested, a book + a film.
This means, you’ll have to continue miserably screwing up and do the dumbest imaginable things. Reflecting to the past, this should be no problem. When the FBI really comes after you, you should RUN (watch the movie “Catch me if you can” first) and escape as long as you can; this would make for an interesting action part in the movie.
The hardest part will probably be the inevitable jail time, where you will have no means to avoid becoming somebody’s girlfriend. To get you through that, you probably should just concentrate on the positive future; when you get out of prison, Spielberg will be done with the movie, you’ll have your million or two for the rights. Invested in the rising interest rate, let’s say the average 5%, will bring you in the $5k monthly passive income and more. This way, you’ll have reached your goal by 30, which is not bad by any means, at least with a complete lack of business/basic math skills and total and overwhelming laziness. I guess usually that combination only gets you a steady living in a trailer park in Kentucky, flipping burgers at 4.55USD per hour, drinking some sweet malt liquor with your trailer park boys.
I don’t know the laws over there in the US, but I guess after FBI catches you and you are trialed, found bankrupt and put to jail, you could get to keep the money for the book+movie rights?
March 2nd, 2007 at 2:09 am
Timeline guy, I love your posts! You’ve captured the essence of Casey and your entries are far more interesting and accurate than what we’ve been seeing. Keep ‘em coming!
March 2nd, 2007 at 3:34 am
Our Hero is probably the only person in the world who could make people feel sorry for CashCall.
That, my friends, is truly spectacular.
March 2nd, 2007 at 5:11 am
GOOOOOOD MORNING CASEY!!!!!
RISE AND SHINE, TIME TO BE AN EARLY RISER!!!!!!!
SWEEEEEEEET!!!!!!!!!!
I like the Time Line Guy. Are you two related?????
Well, today is a holiday at the trailer park. My plan of action is to have a wheat shot and rum then go to the “farming” trailer and get stoned. Bubbles and Ricky are on there way over to pick me up. We have a small job to take care of over at the mall, then its back to the park for a party at Lucy’s. Maybe your NM realtor lady will join us. We have lots of “investors” around here too and I have some extra trailer they can use for “meetings”.
Have a great weekend!!!!!!!!
Julian
March 2nd, 2007 at 6:30 am
Why won’t you allow my posts??
Is it because you don’t want people telling you to get a JOB??
March 2nd, 2007 at 6:33 am
OMG, you still have friends? By the way Casey, two does not a set of tires make. (Unless you’re talking about your moped)
March 2nd, 2007 at 6:39 am
Casey,
Sorry to see you got sucked into the get rich quick scheme like so many others. All booms like these are a virtual game of musical chairs and you were caught standing when the music ended.
My advice to you would be to remove all identifying information from this blog (or better yet, shut it down completely so that none of it can be used against you) come to the realization that investing takes money and patience (neither of which you seem to have yet) and then seriously consider going on the lam and teaching English in China, Japan, or Korea for the next 7 years until all this blows over.
Hopefully during that time, none of your creditors will decide to sue you if they can’t locate you, you won’t have to declare BK, you can actually save some money and come back and start your life anew at a still relatively young age.
Good luck to you as you’re going to need it.
JR
March 2nd, 2007 at 7:19 am
@ #94:
–> $10,000 Loan 21% 21.30% 120 $199.93
… until he stopped making payments.
At which point the Default APR took over.
Ninety-nine-point-two-five percent.
A quick back-of-the-envelope calculation says : an $827 monthly payment, and nearly ninety thousand dollars in interest over the life of the loan.
Cool.
sc:sweet
March 2nd, 2007 at 8:04 am
Casey
For cripes sake! Why are you going to Utah?
March 2nd, 2007 at 8:20 am
Casey,
Sorry buddy, but you’re a con artist. Plain and simple. Recording the phone call for educational purposes!? Man, you’re headed to prison for sure! Officially turned to hater.
March 2nd, 2007 at 8:25 am
Casey, you are saved! Just sue the Mortgage Company!
From the Bolg of AnotherF@ckedBorrower
http://www.housingbubblecasualty.com/
I KNEW it was coming!!
February 15th, 2007
BKWhat?!?!? …you ask.
Maybe some of you have heard them already, but I just heard my first commercial on the radio that goes something like this (not exact by any means…waiting for it to come on again):
“Do you have one of those ‘hard to understand’ mortgages that gives you several options to pay at the end of each month? Are your payments increasing and you were not aware of it. These ‘option ARM’ mortgages are very complex and things might not have been explained to you properly. If you have one of these mortgages you could be eligible for compensation! If this sounds like you, then give us a call for a free consultation. We might be able to help you get all your money back! So call Uraviktom & Playaviktom…attorneys at law.”
I don’t guess I should hold my breath for ONE of the ‘get-rich-quick-in-a-no-money-down-real-estate-late-night-infomercial’ students to take personal responsibility for their ’sure-thing’ real estate transaction going south. Why do that when there are lawyers just waiting to paint you as a victim…and financially illiterate judges and juries just waiting to hand you ‘free money’.
Don’t get me wrong, there are some people that did get screwed, but many more knew EXACTLY what they were doing. And if they had made those ‘easy riches’ they sure as heck wouldn’t be getting a lawyer to make sure they ‘paid back’ the person who they ‘got rich off of’.
The unfolding of this real estate bubble is going to be nasty…and this is ONLY the beginning. Just don’t expect to hear that from any ‘professional organization’ in the industry.
Stay tuned…
SoCalMtgGuy
March 2nd, 2007 at 8:27 am
To “Not guts no glory”
Why don’t you take some of that 2.2 million debt from Casey so that you wont feel “left out”
Sweet
March 2nd, 2007 at 9:35 am
As for recording “Cash-Call”, most of their telephone calls are recorded, or they at least provide you with the disclaimer, “Call may be recorded for training or quality assurance.” They have given their express consent, or at the very least implied. It’s a two-way street, and I don’t think a Court in California would disagree if Casey recorded the call for “preservation” purposes to “have transcribed for memorializing”. I could be wrong. I’ve discussed this very topic with attorneys in my office and we all came to the same conclusion. Also, the California Penal Code has a provision that gets around the “all party consent” rule, and that is you may record any criminal threat, so how do you know ahead of time about the threat, unless you record all calls? I say Record it. It only becomes an issue if you try to use it as evidence, it could get tossed out, but if they have the disclaimer, then its implied.
***I am not providing you with any legal advice, I am not an attorney licensed in California, I have stayed in a Holiday Inn Express once or twice ***
March 2nd, 2007 at 10:23 am
OK all you BALL HATERS — read this from the WSJ — Casey is ahead of the curve again!
http://finance.yahoo.com/caree.....ur_cubicle
March 2nd, 2007 at 10:24 am
Casey, I think this is a great new topic for this blog “iamdodgingloansharks.com” — please tell us more details of the banks’ and credit card companies’ collection tactics (has anyone showed up to sieze your car yet?), the phone calls, the threatening letters — all GREAT material for the blog (now that the fate of the houses is all but certain).
Keep up the good work!! This is a topic that FAR more people can relate to than foreclosure.
March 2nd, 2007 at 10:59 am
Timeline and the wikepedia post are spot one. Keep the good work guys.
Timeline - How about a day in the life of G? Here’s a starter:
4:30 am Check my purse collection to make sure Casey hasn’t borrowed any.
5:00 am - 10:00 am Try and get my husband out of bed
10:00 - 11:00 am - Try to increase Casey’s vocabulary. “Sweet” and “Loose” are getting really old.
11:00 - 3:00 Beg husband to get a job. Jamba Juice is hiring.
3:00 - 4:00 Read an article about good jobs for people without college educations. Decided Casey would not make a good airtraffic controller with his attention to detail. “Sweet” a plane crash. Brickmason is also probably out with his impressive physique.
4:00 - 8:00 Picked up job applications for Casey (he was napping)
8:00 - 10:00 Begged Casey to get a job
10:00 - 4:30 am Slept on the couch
March 2nd, 2007 at 11:02 am
The NM house went up for auction on the 28th and you sold your redemption rights. Shouldn’t you mark it forclosed?
March 2nd, 2007 at 11:06 am
Good morning Everyone.
Day three of keeping you apprised of my activities. Man, am I tired this morning. I think the protein boost was a good idea, but I have been reading some disturbing things about anti-oxidants. Some of the research suggests negative implications when anti-oxidants and certain omega-complex fish oils are intertwined in the small intestie. It has something to do with protelayse (sp?) inhibitors and the hydrochloric acidity — I’ll do more research and have a “fitness and well being” post shortly™.
OK, my last night was not too good. G™ thinks that the Rio Rancho Realtor® might be up to something that while not illegal, could be considered immoral by many. I try to explain to her that I truly do want to follow the moral/ethical™ route, but that since I have so many dirty pennies™ (and now greasy pennies™ too) that I should at least explore the situation. G™ is skeptial but open minded. That is one of her most endearing qualities. I feel blessed™ that she has entered my life.
6:30(PM) - Had a nice quiet dinner with G™ and her sister. Since I have been feeling guilty about my situation I offered to cook up a tasty goumet meal that is very nutricious as well. I decided that a vegan theme™ would set the tone, but since I am trying to consider starting an exercise regime™, I need all the protein I can get in my diet. So, I prepared a black and fava bean compote with a selection of fresh oven roasted root-vegtables (from my parents - bless them!) served along side a lean pot roast with beef gravy (protein!).
G™ and her sister™ really seemed to enjoy the meal.
You are probably wondering about the whole Utah property/check issue. No, I dd not cash the first payment check. I am going to go to Utah to try to sort this whole mess out™. One the posters here has offered (kindly) to help once I get there. Many of you also have asked about how I am going to be getting there. Here is where I can tell you more.
Over the past weeks I have been collecting used oil from Chinese restaurants and delivering it to a friend in Dave (just north of Sac.) who is working on a prototype bio-diesel reactor for his master’s thesis at the college. We met at a Jamba Juice™ several months ago when he noticed cellphone/PDA and began asking questions. He had never seen one with so many features packed into such a small profile (I was moderating™ postings at the time, so I told him my whole story). Anyway, I think he kinda felt sorry for me and offered to let me use his 1982 Diesel Rabbit as a long-range test vehicle for his fuel.
He claims that it will average 41 MPG on the highway. I have only driven it a few miles, but it seems OK to me. The one strange part about driving the bio-bunny (as he calls it) is that it smells kind of like General Tso’s Chicken as it drives away.
9:45-10:30 Moderate a few posts and then off to bed. Tomorrow’s a big day, driving from Sacramento to Rio Rancho, NM is 681 miles - 9 hours 45 minutes If I go non-stop. Early Riser™ here I come!
4:40AM - Up without the alarm - the extra protein in my modified vegan™ diet is definately working! I made a healthy sweet juice™ juice for breakfast. I had time to look at some of the overnight comments but no time to edit/moderate™. Quick jog around the block and I feel ready for the long drive ahead. I make a mental note to review the driver’s handbook for the bio-bunny (want to avoing the whole oil/fuel issue), and then I’ll be ready for the road-trip.
I notice that I have a voice message form the Rio Rancho Realtor® from 2:15 this morning (what an early riser™ she must be!) I’ll check voice mails once I’m on the road.
5:30 - Being an early riser™ feels good again. I’ll have to continue this. OK. Now its on the road. I plan that with a 1 hour stop for lunch, I can meet with my Utah connection by 3:30 or 4:00 this afternoon. Sweet!™
No word yet from my Chicago connection lender. It is only 7:30 their time and if their business trip went long (I certainly know how a well disciplined plan for an efficient (and ethical™) business meeting can run contrary to plans), they may not be in the office as early as I tend to be.
Hopefully along my route there will be some hot-spots and I can moderate™ along the way.
Stay tuned!
681 miles, 9 hours
680, 10 hours
I’ll have
March 2nd, 2007 at 11:08 am
Casey, how do you afford all of your day-to-day expenses? Borrowed money to put gas into the borrowed car, parents giving you food, etc. How can you afford to live with no money coming in?
March 2nd, 2007 at 11:10 am
re: “If everyone would just give casey $50 to $100
he could get out of his mess.”
No he wouldn’t. He’d end up blowing it all on sweet magic-beans.
March 2nd, 2007 at 11:13 am
To Post #154.
That movie deal sounds great, except Casey signed away all rights to any and all money he makes from such deals.
Everyone here told Casey not to do it, but Casey is Casey and he signed away all right, then to make things worse, he publicied the contract on his blog to give the PRLinkB*tches more power should they want to come after Casey full force.
In short and as Casey would say: Sweet
March 2nd, 2007 at 11:15 am
Casey, maybe you could help this guy out?
http://www.my334442debt.com/
March 2nd, 2007 at 11:23 am
Why are you going on a trip if you can’t pay any bills?
please explain how much money you earned or borrowed in February…then explain what you spent it on
Get a job
March 2nd, 2007 at 11:25 am
Hey Dude,
At least someone else it telling you to get a job also.
“Snap out of it already and get a job! No offense intended, you just need a wake up call. I know that for someone from the former Eastern Bloc, capitalism may look a lot like magic, but there are specific rules to acquiring wealth, and they begin with acquiring skills and knowledge, and the ability to provide people with the goods and services people are willing to pay for.”
I would bet your parents worked at a JOB when they came to this country.
Why do you think you don’t have to have a JOB and work.
Wake up.
You probably won’t allow this post because I again mentioned that 4 letter word “JOB”
Even persons from other countries can make it in the USA, but most have to work and have a JOB. Your idea of work seems to be thinking about making money and believing in some seminar guru.
Wake up dude.
March 2nd, 2007 at 11:26 am
Where are the posts from Homey Da Clown?
Bring back Homey.
March 2nd, 2007 at 11:41 am
Post #164
“Do you have one of those ‘hard to understand’ mortgages that gives you several options to pay at the end of each month?
Ummmm…Casey picks the option that says, “don’t pay a single mortgage payment, ever.”
Dude took out eight or more mortgages and I don’t think he even made one payment. It’s all good.
March 2nd, 2007 at 11:41 am
I can’t wait until CashCall asks him if he “values his credit rating”!!!
March 2nd, 2007 at 2:05 pm
Casey,
You should be sure to leave your computer with G’s girlfriend or someone not related to you. That way after CashCall cleans out your in-law’s house, you can tell us about it!
Sweeet!
March 2nd, 2007 at 3:04 pm
Casey,
Dont worry about CashCall - just ignore them. If they keep calling, tell them they will be in Big Trouble (sweet) if they call you again.
Also, tell them that their $10,000.00 is peanuts compared to the 2.2 million that you need to pay off first.
We are all behind you on this - nobody here will call CashCall to let them know where you are or the fact that Jamba Juice comes first before paying them.
Spam Word: CashCall-catch-me-if-you-can
March 3rd, 2007 at 7:08 am
My opinion is that Casey can get out of this
and Cashcall can be given notice to stop calling plus
nobody can harass you for collections given written notice.
Probably what will happen is they will give up and
usually Cashcall calls your friends for a while but stops as
real high interest rates like 96% are illegal so
send them a certified letter and then after that
everything will be all good.
March 3rd, 2007 at 9:17 am
I just love all the feel good “screw the man” advice from various posters. I think the issue is that our incompetent little scam artist had managed to accrue a debt that is truly inconceivable by most of us with moderate to modest means. He borrowed more from cashcall alone than I owe total ! ! So other than to say that the lifestyle that he has grown to love is rapidly slipping away, I have no idea what measures the various companie he owes would go to. I hope he goes to jail or is FORCED to get a job and pay back a chunk of what he owes. Going to prison would be a nice little bonus. Ironically, my anti-spam word is itsallgood!
March 3rd, 2007 at 11:21 am
If there were ever a solid case to be made for bringing back debtor’s prisons, Casey would be it.
March 4th, 2007 at 3:41 pm
LOL Casey. They don’t CARE about explanations. They WANT their money.
The hater sites called this. They said your friends would be harassed. Why else would they ASK for references on the application.
You don’t pay, you get harassed. Simple as that.
March 4th, 2007 at 9:19 pm
I am Facing Foreclosure .com » CashCall is Calling my Friends pinged this post.
March 5th, 2007 at 3:03 pm
Casey,
So you closed your old checking account, they started calling you, and now you don’t know what to do?
The answer is very simple. Follow these steps:
1: Call them.
2: Be honest with them.
3: Explain that you closed your old bank account.
4: Provide them with your new bank account numbers.
They can set up a new automatic withdrawal, and this problem will go away.
March 19th, 2007 at 12:43 am
t Avoid Foreclosure on Burdett Burdett Avoid Foreclosure Deadline Facing Foreclosure Story on CBS San Francisco Utah Trip a Success! Don’t Be a Dick. Do Some Sweet Deals. Timeline of Life, Houses and Foreclosure CashCall is Calling my Friends Get Foreclosure Help by Drinking Fresh Juice My First Trustee Sale / Foreclosure Auction Results Foreclosure Auction On Monday I am Facing Foreclosure Fan Mail Attorneys Say Corporate Credit is OK, Need a Plan
March 25th, 2007 at 7:05 pm
According to Fair Debt Collections and Practices Act,
Close Call, lol- is violating a lot of rules- #1 calling you, back to back, and several times a day.
#2 can’t call your friends more than once, period.
#3 they must call from numbers FULLY identifiable by caller id~ you can always report them to your local attorney general’s office or public utility commission.
and lastly, any threats of saying you’ve committed a crime is against federal law.
Of course, you can stop them by simply writing or even faxing them a letter and telling them to cease and desist.
A creditor was bugging me a few years ago and I told them to stop and the guy was like “we’re not going to stop” so I was challenged and I was like “oh, I’ll bet you that you WILL stop” so I used 3-way while he was responding and we both heard as I linked the calls “FBend Sheriff’s Department, how can I help you” and I then proceed to say how I had “Tim” who is harrassing me on the phone so then I go “Jim, Jim, do you wanna tell the sheriff why you won’t stop harassing my phone?” Well Jim hung up and never called me again. LMAO!