Man bulldozes down his own home due to foreclosure

Discussion in 'Economics' started by wavel, Feb 20, 2010.

  1. wavel

    wavel

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  2. the1

    the1

    Shouldn't this guy be in jail for Criminal Destruction of Property? That's not to suggest I side with the bank. Kudos to this guy for having the balls to do that.

    And how exactly does a person's home become cross collateral for business debts? I sure hope this guy wasn't a sole proprietor.
     
  3. wavel

    wavel

    He could define his work on the property as a fundamental refurbishment. Afterall who can argue, he is the owner and taste is a matter of personal discretion.
     
  4. The title of this thread is wrong.

    The bank WAS NOT foreclosing.

    The bank was seizing the property because of an IRS forfeiture.
     
  5. niteowl8

    niteowl8

    He should have just sold the house, and use the proceeds to pay off his IRS lien.

    What a douche!
     
  6. :D , this dude is funny, wow, he sure has the balls to destroy his own house.

    Seriously, police should take him out and shoot him before he is flying a airplane into a building, not again.
     
  7. wavel

    wavel

    Yes I tried to edit the thread topic but I'm unable to do so, perhaps a mod could do that for me or somebody could start a new thread?
     
  8. Read the article. Bank could get more for it when they seized it than the value of the mortgage.
     
  9. sumfuka

    sumfuka

    This is such a brilliant idea. maybe everyone should bulldoze their property, fuck city hall, banks, your annoying neighbor, the tax man. everybody..

    Problem is where do you live now? :p
     
  10. nevadan

    nevadan

    Jail, more than likely.
     
    #10     Feb 20, 2010