Another one strikes back
Steve B
Ed Huntress
"Steve B" <desert...@fishmail.net> wrote in message
news:qi0g57-...@news.infowest.com...
> http://www.wlwt.com/news/22600154/detail.html
>
<sigh> Another liberal who doesn't respect the sanctity of contracts...
--
Ed Huntress
Mark Rand
wrote:
Isn't robbing a bank of its property an offence?
Mark Rand
RTFM
wmbjk...@citlink.net
<hunt...@optonline.net> wrote:
... and what's he gonna' do now, sleep on the dozer in a Walmart
parking lot? Anyway, seems like there'd be a brisk demand for his
services from like-minded nitwits. Maybe his next brilliant move will
be to barter his expertise... in exchange for a parking space on some
Taft "acreage". :-)
Wayne
Ed Huntress
"Mark Rand" <ra...@internettie.co.uk> wrote in message
news:oivao5tqq58qcqg58...@4ax.com...
As the guy said, he consulted with his lawyer before he did it and he knows
that he's in for trouble. The lawyers will be sorting this one out for a
while.
In the US (most states; there are some grandfathered "land contract" deals
that make the mortgagor the property owner), the bank doesn't own the
property if you have a mortgage on it, but it can obtain a lien if you
default on the terms of the mortgage. A lot of laws have changed on this in
recent years but it probably would be considered the bank's "property" at
that point. The bank apparently already had a lien on the property.
Except that the IRS also had filed a lien. And the guy undoubtedly broke
local laws by demolishing a building without a permit. That is, assuming
that the supposed $350,000 valuation on the property implies a civilized
municipality. Lawyers galore! Federal and state! Full employment for at
least a couple of law firms! <ggg>
The IRS almost always wins. They'll probably get any money involved, after
legal fees. If the guy is found guilty of defrauding anyone, it probably
will be the federal government. Ouch.
--
Ed Huntress
Steve B
Once you have lost everything you got, what's the downside?
I love those stories that report John Q. Gunderson was arrested after a
robbery, high speed pursuit that left people injured, three police cruisers
totaled, and crossed into three counties. Mr. Gunderson allegedly was
fleeing from an armed robbery. He was charged with attempted murder,
robbery with a firearm, discharge of a weapon in a building, felony evasion
of police, resisting arrest, attempted murder of a police officer, property
damage, assault with intent to inflict great bodily harm,
and
speeding
and
littering.
I wonder how much time the littering charge carries.
Steve
Ed Huntress
<wmbjk...@citlink.net> wrote in message
news:oq0bo59st9407bev3...@4ax.com...
I suspect he's in for some jail time. Maybe when he gets out.
--
Ed Huntress
Dave__67
> "Steve B" <deserttra...@fishmail.net> wrote in message
If he has simply walked away from an upside-down mortgage I would not
be able to agree with you.
Dave
Spehro Pefhany
<hunt...@optonline.net> wrote:
>
><wmbjk...@citlink.net> wrote in message
>news:oq0bo59st9407bev3...@4ax.com...
>> On Wed, 24 Feb 2010 11:54:55 -0500, "Ed Huntress"
>> <hunt...@optonline.net> wrote:
>>
>>>
>>>"Steve B" <desert...@fishmail.net> wrote in message
>>>news:qi0g57-...@news.infowest.com...
>>>> http://www.wlwt.com/news/22600154/detail.html
>>>>
>>>
>>><sigh> Another liberal who doesn't respect the sanctity of contracts...
>>
>> ... and what's he gonna' do now, sleep on the dozer in a Walmart
>> parking lot? Anyway, seems like there'd be a brisk demand for his
>> services from like-minded nitwits. Maybe his next brilliant move will
>> be to barter his expertise... in exchange for a parking space on some
>> Taft "acreage". :-)
>>
>> Wayne
>
>I suspect he's in for some jail time. Maybe when he gets out.
OTOH, Mr. Stack definitely won't be serving any time in prison, nor
will he have any need of shelter.
Ed Huntress
"Dave__67" <spamT...@yahoo.com> wrote in message
news:e1ec5902-b959-49b2...@f8g2000yqn.googlegroups.com...
I would hope that no one would really agree with my tongue-in-cheek remark
under any circumstances.
--
Ed Huntress