Difference between revisions of "Georgia Ethics Code Does Not Apply To Fulton Judges"

Georgia Ethics Code Does Not Apply To Fulton Judges (view source)

Revision as of 15:52, 28 March 2023

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→‎Looks Like Mortgage Fraud, Smells Like Mortgage Fraud

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-In light of the above, it is crystal clear that $130,000 paid by Derrick Jackson was reinvested by the McCrackens in the purchase of Florida real estate, and then the $45,000 in 2021 that should have gone toward property taxes went toward the purchase of a Mercedes Benz. All the while mike McCracken claimed that he owed Bank of America $1.8 million, which Jackson came later to find out was $300,000 more than the debt amount shown on the Security Deed for the Property ($1.52 million). Bank of America, completely unaware of the of the purchase agreement transferred the mortgage to First Key Bank in January of 2021.
+In light of the above, it is crystal clear that $130,000 paid by Derrick Jackson was reinvested by the McCrackens in the purchase of Florida real estate, and then the $45,000 in 2021 that should have gone toward property taxes went toward the purchase of a Mercedes Benz. All the while Mike McCracken claimed that he owed Bank of America $1.8 million, which Jackson came later to find out was $300,000 more than the debt amount shown on the Security Deed for the Property ($1.52 million). Bank of America, completely unaware of the of the purchase agreement transferred the mortgage to First Key Bank in January of 2021.
 All that being said, what at first glance appeared to be the result of simple greed, turns out to be an act of necessity. The McCrackens as a matter of fact cannot catch up on their mortgage now owned by First Key unless they sell to a fresh buyer for the full price. Thus, they have no choice but to renege on their contract with Jackson making a "staged" eviction their ONLY chance out of debt with the unsuspecting mortgage company. And with the help of the Fulton County Superior Court bench, the McCrackens may very well succeed.