Posted on 05/01/2021 6:55:11 PM PDT by DUMBGRUNT
A Long Island man who only ever made one mortgage payment has deftly used the courts to stay in the house for 23 years — for free, according to legal papers
Guramrit Hanspal, 52, has filed four lawsuits and claimed bankruptcy seven times to avoid being booted from the 2,081-square-foot East Meadow home he “bought” for $290,000 in 1998.
“It’s really a group of people that are more than willing to use the courts and abuse the courts to whatever extent they need to extend their illegal occupancy,” said attorney Jordan Katz
And a good deal: Hanspal, who had an initial 7.375 percent interest rate on the $232,000 adjustable-rate mortgage, likely saved himself upwards of $440,000 by not paying his bills.
By May 2018, Chase unloaded the property to Diamond Ridge, which offered Hanspal $20,000 to leave. He didn’t take the deal, and instead, filed for bankruptcy again in 2019 and 2020. Another purported occupant of the house, Boss Chawla, filed bankruptcy four times in 2019, as did another resident — allegedly named John Smith — who filed once.
A woman who answered the bell at Kenmore Street and identified herself as a tenant said Hanspal was not at the home, which featured at least three cars without license plates in the drivewa
(Excerpt) Read more at nypost.com ...
A fine example of laws made by lawyers for the lawyers. The lawyers and the courthouse crowd have made a lot of money off of this deal and the squatter is just their tool.
I like the way you think.
In the movie ‘Pacific Heights’ the nightmare tenant wants the beating. He then takes the landlord to court and sues them for everything they have.
Jarndyce vs. Jarndyce.
.
That stops foreclosure, and he’s in a state where you don’t get your next bankruptcy filing thrown out because you did it repeatedly to stop foreclosure.
In that case, the beating was obviously insufficient.
Agreed. I expect all of the lawyers on both sides are being paid by taxpayer dollars and so dragging it out for decades is ok by them.
Write offs.
—”
Jarndyce vs. Jarndyce.”
But I’ve never read Dickens?
Oh well.
Me neither, but I watched Bleak House on TV.
Really good thriller movie. Michael Keaton did a fine job as a villain.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.