Tapped Out: When Water Bills Force Foreclosure

Times like these you gotta be thankful to have a job.” said the guy putting people out of their homes for foreclosures on tax liens sold to banking institutions… This lady lost a family home she owned, no mortgage, for a 300+ dollar water bill. In the end, the financial institution could take her entire home… for a 700 dollar bill.  And the two people who actually kicked her out, shuffled her out the door so they could lock the place up with some of her possessions still inside.

Rather than collect the overdue money they are owed, many local governments are selling tax liens. Buyers range from behemoths such as JPMorgan Chase & Co, and some regional banks and law firms, to small-fry investors lured by late-night television commercials promising quick riches. Investors generally bid in an auction for the right to collect delinquent taxes and other municipal debts on property owners, sometimes by paying only a few hundred dollars. When owners can’t pay, investors can pick up property at bargain prices….

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7 Responses

  1. and those people shoved her out of her house because they were afraid not to…. they didn’t want to lose their jobs…. what a terrible trap we’ve been put into……
    that poor woman…… how does she stand it?

    guess the mayor wants to collect enough money to pay her salary…. wouldn’t occur to her to take a reduction in salary….. of course not…..
    I heard a lot of foreclosures are being bought up by investers in other nations… Obama is helping to give away America now that he is putting the finishing touches on destroying it…. guess that is his ‘change’ for America…….

  2. The country’s gone crazy–gone absolutely round the bend. Even here, in this little berg–we’ve gone crazy.

    Like, on yesterday’s front page of our local newspaper, there’s a picture and a story of a unit training out at the fairgrounds–HEAT, they call themselves, for High risk Entry and Arrest Team. The team commander “clarified that the purpose of his unit is not to take over situations, but to supplement the efforts of local law enforcement.” Judging from the picture, though, it looks like they’re about ready to take over Fallujah, or something.

    Where is this craziness going to end, I wonder. Maybe if Bad Blake came out with a song protesting it, maybe that’d help to put an end to it, but maybe not–not since he went back to being Otis.

    Crazy Country, they ought to call this one.

    r ap

  3. I don’t know, Roy…..
    but from all we have read… it seems the police are pushed aside and left hanging like the rest of us when this neo-thing decides to trample the people…
    they use federal police… and soldiers…
    the police think they have job security.. but they don’t…
    yeah… crazy Crazy CRAZY Country

  4. When this neo-thing decides to trample the people, Jan, our HEAT unit will be there to lend a hand in the trampling. That’s what they’re really training for–for war against the poor.

    And while that’s going on, the rest of us will be saying like, “Times like these you gotta be thankful to have those who’ll go up against the bad guys for us.”

    And the craziest thing about it is those HEAT people are locals, too. Deep down, they’ll know better, but they’ll have to blind themselves to what they know–and they will, like we all will.

    So, for sure, it’s a bad moon rising, a hard rain that’s going to fall–all of that, and worse.

    r ap

  5. Just how poor do you have to be to be considered ‘dead meat’?
    guess I’ll just say ‘so long, it’s been good to know ya’ now… I am certainly one of the poor….

  6. Somebody stole a bag of pop cans at work the other day, Jan. They’re saying it was one of the over-night route drivers–there are three of us. The pay down there is so poor that somebody must have felt they had to steal pop cans to help make ends meet.

    Jeff was told over the week-end that he’s probably not going to have a job to come back to after his unemployment from being laid off runs out–and he works for his uncle!

    Maybe that’s how poor you have to be to be considered dead meat, because, “Times like these…” well, they can make ‘bad guys’ out of desperate people–and that’s just the way this New International Order wants it.

    And btw, Jan, sorry to see BC gone.

    r

  7. Thanks Roy, I just didn’t have enough time to keep adding stuff……

    Sorry about Jeff’s job… and you are right, going to get harder and people will do the unexpected to feed families…. hunger is hard to put aside…..

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