AnyCalculator.com
Over 100 FREE Online Calculators

Friday, February 19, 2010

Banks greed leads to man dozing his own home


Bulldozed Home Photos

So the bank would rather foreclose and make a profit than to accept the amount owed???These days banks and mortgage companies are taking such a hit with people "walking away" from their mortgages that they will in turn screw whoever they can to try to make up for their own losses. What a shame this guy had to doze his home to make his point, but I applaud him. The US economy is going under. Obama is destroying the economy. This bank took advantage of this man. He never missed a payment yet because of the bank's greed and irs leans on his bussiness the bank tried to steal his home because of cross collateral.
...........................................................................................
Man bulldozes home to avoid foreclosure
...........................................................................................

Man bulldozes home to avoid foreclosure
Terry Hoskins said he would do 'what it takes

MOSCOW, Ohio (AP) - An Ohio man says he bulldozed his home after a bank began foreclosure proceedings and says he won't let the bank take his carpet business either.

Terry Hoskins of Moscow in southwest Ohio says he has struggled with the RiverHills Bank over his Clermont County home for years and had problems with the Internal Revenue Service. He says the IRS placed liens on his store and commercial property and the bank claimed his house as collateral.

Hoskins says after spending millions on attorneys he just had enough and two weeks ago bulldozed the home, 25 miles southeast of Cincinnati.

When asked if he would level the store, Hoskins said he would do "what it takes."

Messages were left for the bank and its attorney, and with the southern Ohio office of the IRS.

No comments: