Jst2fst Posted September 10, 2013 Report Share Posted September 10, 2013 Searching the Washington post an came across this. Man lost $197,000 home for a $134 owed in property tax. How do you justify that no matter what off the wall loophole or half assed law. http://www.washingtonpost.com/sf/investigative/2013/09/08/left-with-nothing/ 1 Quote Link to comment Share on other sites More sharing options...
TRMN8TR Posted September 10, 2013 Report Share Posted September 10, 2013 Just.....speachless. Quote Link to comment Share on other sites More sharing options...
baptizo Posted September 10, 2013 Report Share Posted September 10, 2013 I hope there is a special place in hell for those types of sons of bitches. If I could pay that guys tax bill and get him back in his home, I'd do it in a heartbeat. 1 Quote Link to comment Share on other sites More sharing options...
Bad324 Posted September 10, 2013 Report Share Posted September 10, 2013 Sounds like this is Bush's fault Quote Link to comment Share on other sites More sharing options...
standout Posted September 10, 2013 Report Share Posted September 10, 2013 Sounds like this is Bush's faultAnd your a racist. Lol. (That is sarcasm. There is no smilies in the mobile version.) Quote Link to comment Share on other sites More sharing options...
Steve Butters Posted September 10, 2013 Report Share Posted September 10, 2013 theres always more to these stories. the guy's tax debt probably got sold to a third party company, and he probably didnt cooperate with them....foreclosing on a house is a long fucking process, they didnt swoop in and take this guys house over night....he was probably uncooperative and not paying the $134 on some principle and now hes crying victim because he lost his house.....thats my guess at least....you dont just lose your home over $135 with no chance to ever correct the situation...it just doesnt work that way....ive seen people whose houses have been in foreclosure for over 100 months and still havent been sold at an auction....he didnt wake up one morning and realize omg theyre taking my house 1 Quote Link to comment Share on other sites More sharing options...
magley64 Posted September 10, 2013 Report Share Posted September 10, 2013 theres always more to these stories. the guy's tax debt probably got sold to a third party company, and he probably didnt cooperate with them....foreclosing on a house is a long fucking process, they didnt swoop in and take this guys house over night....he was probably uncooperative and not paying the $134 on some principle and now hes crying victim because he lost his house.....thats my guess at least....you dont just lose your home over $135 with no chance to ever correct the situation...it just doesnt work that way....ive seen people whose houses have been in foreclosure for over 100 months and still havent been sold at an auction....he didnt wake up one morning and realize omg theyre taking my house Yep, reading the story that's basically the gist of it... Had the option to pay before and after legal proceedings. refused, or thanks to some mental instability, wasn't of sound enough mind to do so.... I don't think it's right, and if it's done, the people being evicted should at least get the equity from the sale, leaving the forcloser with the original bill amount plus their legal fees at most. Quote Link to comment Share on other sites More sharing options...
Steve Butters Posted September 10, 2013 Report Share Posted September 10, 2013 If you're dumb enough to let someone take your house for $135, you don't deserve the equity from the sale... Factor in however many months it was in fc, how much it cost the debt companies for overhead costs, lawyers, court proceedings, etc etc... Did they profit on it? Absolutely. But they're entitled way more than $135 plus legal fees Quote Link to comment Share on other sites More sharing options...
magley64 Posted September 10, 2013 Report Share Posted September 10, 2013 If you're dumb enough to let someone take your house for $135, you don't deserve the equity from the sale... Factor in however many months it was in fc, how much it cost the debt companies for overhead costs, lawyers, court proceedings, etc etc... Did they profit on it? Absolutely. But they're entitled way more than $135 plus legal fees $198,000 charge on a debt of less than $200 is bullshit... Lawyers and court proceedings are the legal fees to which I was referring... Should they make their profit? sure... and they do because they bought the debt for a percentage of what the debt is.. collection companies typically buy debt at a fairly low percentage (less than 50) so the debt company buys the debt for lets say $65 or $70 at most... pay their lawyers, and their fees and they profit $180,000? that's no bueno...that's bullshit. Quote Link to comment Share on other sites More sharing options...
Steve Butters Posted September 10, 2013 Report Share Posted September 10, 2013 Guess he should have just paid the $135 then instead of refusing after multiple chances were provided to him 1 Quote Link to comment Share on other sites More sharing options...
DAC Posted September 11, 2013 Report Share Posted September 11, 2013 I love paying taxes. It makes me feel like shit.Repair complete. Quote Link to comment Share on other sites More sharing options...
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