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Man bulldozes home ahead of foreclosure

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Old 02-19-2010, 05:00 PM   #2
firstdown
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Join Date: Oct 2004
Location: chesapeake, va
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Re: Man bulldozes home ahead of foreclosure

I think it sounds pretty stupid and it also does not sound like he is telling the whole story. He said the bank claimed the house as collateral but they can only do that if he puts the home up as collateral (unless maybe the bank had taken him to court and won some type of judgment). He also says the IRS put a lein on his home when his brother sued him which I'm guessing his brother won. The IRS can only put liens on property if you have back taxes. The court can put a lien on a home if he was found to owe his brother money but not the IRS. I betting he now gets arrested for some type of vandalism because the bank also owned the home. I'd say this gets voted dumb a$$ of the month award.
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