Wednesday, June 10, 2009

$50 Tax Bill Leads to Foreclosure for Connecticut Man

A man in Connecticut says he's losing his home because he owes $50 in back taxes. The city of Bridgeport is foreclosing on Jean Castro's home because of the unpaid taxes, which total $51.69. A judge last week approved the foreclosure and ordered the home to be sold in December. Castro says the city sent him a notice that he owed back taxes and he forwarded it to his mortgage company. The mortgage company ended up paying $3,000 in back taxes, leaving the small balance. The city's lawyer says by the time he learned about the payment it was too late, because the foreclosure had started...AP

Build it and they will...take it. Another episode.

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