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this guy has some balls
Not sure what the repercussions are, but it takes balls:
http://news.yahoo.com/s/ap/20100223/...sure_bulldozer Looks like it had a 4 car garage too. . |
I wonder what the repercussions will be. The house is the collateral. So if you walk away, the bank can recover some money. But if you destry the house, what can anybody do to you? Can you get into legal trouble for destroying "your" property? Is it really yours unitl it is paid for? Isn't this guy really destroying the banks property? What is to keep thousands from copy catting this if there are no repercussions?
Seems like he could be in a lot of legal trouble. Maybe a lawyer will chime in. |
I saw this come up on another site, and there is some interesting background here. The bulldozer guy was in the carpet business with his brother, and the brother sued bulldozer over 'improprieties' in the books, and the he said/he said broke the business (and the bank, I suppose). Of course the IRS was called, and they found quite a few irregularities, and ended up going after BOTH partners in the biz...brother paid up, and moved on. Bulldozer apparently had taken loans out at the bank using this house as collateral to finance the ongoing litigation, and when he lost, he razed the house and blamed it on the IRS! **)
Now I'm all for disputing tax bills and making the IRS EARN every penny they can squeeze out, but at some point you have to man up and say if you are going to borrow a dollar, you're going to pay it back! He had received something like SEVEN YEARS of grace from the bank...did he just expect them to forgive the loan and let the shareholders eat it?!?!?!?!? :mad: |
I guess thats not as bad as flying your airplane into the IRS building..........
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:LOL::LOL: That is for sure!
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It wasn't a bulldozer, it was a track loader.
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...sorta like cutting your balls off despite your dick.
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A track loader.... the guy has no class. I would have used a D11T.
Anthony, is bulldozer a knickname or a brand name. I looked at the Caterpillar site and saw the word dozer, but not bulldozer. |
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