One Way to Avoid Foreclosure

1–2 minutes

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I’m not sure who turned our crazy dial up to 11, but this second incident in less than a week might be almost as bonkers – although fortunately not as deadly – as Stack’s violent last stand. From the AP:

MOSCOW, Ohio – An Ohio man says he bulldozed his $350,000 home to keep a bank from foreclosing on it.

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

Hoskins says he owes $160,000 on the house. He says he spent a lot of money on attorneys and finally had enough. About two weeks ago he bulldozed the home 25 miles southeast of Cincinnati.

(Thanks to Boddington for the link.)

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