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Thursday
27Nov2008
DateThursday, November 27, 2008 at 09:41AM | AuthorWilliam L. Exeter

Forum Discussing Failure of LandAmerica 1031 Exchange Services

There are many 1031 exchange clients that have lots of questions and no answers regarding the recent failure of LandAmerica 1031 Exchange Services. A visitor has posted his thoughts and questions on our 1031 Exchange Discussion Board or Forum. 

It occurred to us that this would be a good forum for you to exchange thoughts and ideas regarding the failure of LandAmerica 1031 Exchange Services, so we've opened the Discussion Board to all who would like to participate. 

| | Print ArticlePrint Article | Comment11 Comments |

Reader Comments (11)

What do you do if you had your money with Landamerica 1031 exchange? Is there anybody out there that also had money in a 1031 with Land America? I would love to talk with other people you were with Landamerica...
November 28, 2008 | Unregistered CommenterRetired
Hi Retired,

We have started a Discussion Forum specifically for individuals to share information regarding the failure of LandAm 1031 Exchange at
http://www.1031exchangeinstitute.org/1031-exchange-discussion-forum/post/602580. Just click on the link and ask questions or share information regarding the LandAm 1031 Exchange closing.
November 28, 2008 | Registered CommenterWilliam L. Exeter
i have money in Land America 1031 exchange and i assume that there will be a class action lawsuit. i would like to be made aware of any lawsuits against the Land America. I would also like to know what type of attorney is best suited to deal with this problem. I do understand that this must be litigated in Richmond court.
November 28, 2008 | Unregistered CommenterDave
How can I find enough of LAND America's 1031 clients to try to put together a class action lawsuit with the people that all have the same problem as I do? or LAND America 's 1031 employees to try and find enough of there clients? anyone have any Ideas? How can these people do this and then sell the other companys and make a ton of money.
Retired
November 28, 2008 | Unregistered CommenterRetired
We also have another discussion group going with others involved. You might want to cross reference those posts here as well as you begin to network. You can check the discuss at http://exeterboard.com/forums/t/379.aspx
November 28, 2008 | Registered CommenterWilliam L. Exeter
Dave/Retired,

I'm in the same boat, we should talk.
November 29, 2008 | Unregistered CommenterJohn
My husband and I have a land america 1031 exchange fund and have searched relentlessly for answers. We have signed papers to purchase our even exchange home and now cannot transfer the funds-if they even still exist. If anyone has a good reference for a lawyer in Richmond that deals with this please post.
December 3, 2008 | Unregistered CommenterPam
we are also pursuing a "joint venture" to hire a first-class Richmond Creditor's Rights atty. If you need details, give me a holler.

we also have a LandAm 1031 deal which is stuck in this mess also.
December 5, 2008 | Unregistered Commenterwoody
P.S.

Word-to-the-Wise:

watch what you post here (or anywhere).

the lawyers from LandAm + LandAm1031 are patrolling the web. anything and everything you say WILL be used against you.

be smart. talk to only people you know.
December 5, 2008 | Unregistered Commenterwoody
To whom it may concern,
My husband and I transfered funds in Land America 1031 on Nov. 14th. 10days later we got a nasty gram from Land America informing us that they were gone. No longer ours but theirs. Did they work for this money?? Did they crawl under trucks for a living like my husband or in my case work holidays,nights, and weekends. We don't have college educations or trust funds. Our gift is we know how to work hard. But now I wonder if that was a gift or a curse.
December 18, 2008 | Unregistered Commentersue
We have filed a class action against LandAmerica. If you would like to be part of the class please let me know.

Or if you would like to follow the status of this class action please view our website: hbsb.com

Thanks,
Cheryl Johnson
Paralegal
805-963-6711
January 19, 2009 | Unregistered CommenterCheryl Johnson

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