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  • June 2, 2008 at 8:59 AM #12919
    hipmatt
    Participant

    I can’t find an online link, but the Sunday edition of the Press Enterprise had an article (cover) that stated how they need to restructure their print version of the paper due to a few factors including..

    lower ad revenue in this current economic climate,

    a 25% increase in the cost to print and still rising,

    and too many pages full of legal ads, most notably the record high amount of notices of defaults and trustees sales which they “predict will continue for another 12 to 18 months.”

    June 2, 2008 at 4:37 PM #215552
    HarryBosch
    Participant

    hipmatt, I read that too. I thought it was amusing and showed it to my wife.

    Hmm, there’s an idea – how about a newspaper devoted entirely to NODs and NOTs?

    The article said that they have to publish the legal notices but I wonder what standards do they have to meet – do they have to publish old-style paper? Why couldn’t they publish online and meet the requirement that way?

    Those legal notices are printed in a font spacing that crams all the characters together to make it unreadable anyway. Must be some legal (state law? civic code?) requirement that they publish on paper. I wonder what the fine is, if any, for not publishing the legal notices? Is the onus on the newspaper or on the legal entities involved that they must publish?

    Oh well, just some random thoughts.

    June 2, 2008 at 4:37 PM #215636
    HarryBosch
    Participant

    hipmatt, I read that too. I thought it was amusing and showed it to my wife.

    Hmm, there’s an idea – how about a newspaper devoted entirely to NODs and NOTs?

    The article said that they have to publish the legal notices but I wonder what standards do they have to meet – do they have to publish old-style paper? Why couldn’t they publish online and meet the requirement that way?

    Those legal notices are printed in a font spacing that crams all the characters together to make it unreadable anyway. Must be some legal (state law? civic code?) requirement that they publish on paper. I wonder what the fine is, if any, for not publishing the legal notices? Is the onus on the newspaper or on the legal entities involved that they must publish?

    Oh well, just some random thoughts.

    June 2, 2008 at 4:37 PM #215662
    HarryBosch
    Participant

    hipmatt, I read that too. I thought it was amusing and showed it to my wife.

    Hmm, there’s an idea – how about a newspaper devoted entirely to NODs and NOTs?

    The article said that they have to publish the legal notices but I wonder what standards do they have to meet – do they have to publish old-style paper? Why couldn’t they publish online and meet the requirement that way?

    Those legal notices are printed in a font spacing that crams all the characters together to make it unreadable anyway. Must be some legal (state law? civic code?) requirement that they publish on paper. I wonder what the fine is, if any, for not publishing the legal notices? Is the onus on the newspaper or on the legal entities involved that they must publish?

    Oh well, just some random thoughts.

    June 2, 2008 at 4:37 PM #215690
    HarryBosch
    Participant

    hipmatt, I read that too. I thought it was amusing and showed it to my wife.

    Hmm, there’s an idea – how about a newspaper devoted entirely to NODs and NOTs?

    The article said that they have to publish the legal notices but I wonder what standards do they have to meet – do they have to publish old-style paper? Why couldn’t they publish online and meet the requirement that way?

    Those legal notices are printed in a font spacing that crams all the characters together to make it unreadable anyway. Must be some legal (state law? civic code?) requirement that they publish on paper. I wonder what the fine is, if any, for not publishing the legal notices? Is the onus on the newspaper or on the legal entities involved that they must publish?

    Oh well, just some random thoughts.

    June 2, 2008 at 4:37 PM #215717
    HarryBosch
    Participant

    hipmatt, I read that too. I thought it was amusing and showed it to my wife.

    Hmm, there’s an idea – how about a newspaper devoted entirely to NODs and NOTs?

    The article said that they have to publish the legal notices but I wonder what standards do they have to meet – do they have to publish old-style paper? Why couldn’t they publish online and meet the requirement that way?

    Those legal notices are printed in a font spacing that crams all the characters together to make it unreadable anyway. Must be some legal (state law? civic code?) requirement that they publish on paper. I wonder what the fine is, if any, for not publishing the legal notices? Is the onus on the newspaper or on the legal entities involved that they must publish?

    Oh well, just some random thoughts.

    June 2, 2008 at 8:47 PM #215771
    j
    Participant

    I do not think there is a fine, but they must “notify” others that may have legal recourse on a property via a printed notice. If they do not do so, others can go after the mortgage holder for other unpaid debt, even if they would not have rights if properly notified. Any paper in the area will do.

    Some small papers make a living charging people $10 or $12 a notice, and nobody even reads those papers. I used some paper in Julia for my fictitious business license. Nobody I do business with will ever read that paper.

    June 2, 2008 at 8:47 PM #215853
    j
    Participant

    I do not think there is a fine, but they must “notify” others that may have legal recourse on a property via a printed notice. If they do not do so, others can go after the mortgage holder for other unpaid debt, even if they would not have rights if properly notified. Any paper in the area will do.

    Some small papers make a living charging people $10 or $12 a notice, and nobody even reads those papers. I used some paper in Julia for my fictitious business license. Nobody I do business with will ever read that paper.

    June 2, 2008 at 8:47 PM #215878
    j
    Participant

    I do not think there is a fine, but they must “notify” others that may have legal recourse on a property via a printed notice. If they do not do so, others can go after the mortgage holder for other unpaid debt, even if they would not have rights if properly notified. Any paper in the area will do.

    Some small papers make a living charging people $10 or $12 a notice, and nobody even reads those papers. I used some paper in Julia for my fictitious business license. Nobody I do business with will ever read that paper.

    June 2, 2008 at 8:47 PM #215905
    j
    Participant

    I do not think there is a fine, but they must “notify” others that may have legal recourse on a property via a printed notice. If they do not do so, others can go after the mortgage holder for other unpaid debt, even if they would not have rights if properly notified. Any paper in the area will do.

    Some small papers make a living charging people $10 or $12 a notice, and nobody even reads those papers. I used some paper in Julia for my fictitious business license. Nobody I do business with will ever read that paper.

    June 2, 2008 at 8:47 PM #215932
    j
    Participant

    I do not think there is a fine, but they must “notify” others that may have legal recourse on a property via a printed notice. If they do not do so, others can go after the mortgage holder for other unpaid debt, even if they would not have rights if properly notified. Any paper in the area will do.

    Some small papers make a living charging people $10 or $12 a notice, and nobody even reads those papers. I used some paper in Julia for my fictitious business license. Nobody I do business with will ever read that paper.

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