1790..."You Aren't Foreclosing On Me"

The Associated Press reports this story about an Ohio man who had had it with his bank and the IRS.

So...

An Ohio man says he bulldozed his US$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 US$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 40km southeast of Cincinnati.

Messages were left for the bank and its attorney.

IRS spokeswoman Jodie Reynolds said individual taxpayer information is private and federal law prevents her from commenting.

Methinks that he still owes everyone everything he owed before but now has no house.

A thinker he is not.

WFDS