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#886 - Long Island Mortgage Deadbeat Finally Booted After 23 Years
News For Reasonable People
English - December 15, 2021 12:00 - 31 minutes - 22.1 MB - ★★★★★ - 7 ratingsInvesting Business Entrepreneurship san francisco trending news protests defund the police antifa blm seattle conservative republican journalism Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The free ride is finally over for a Long Island man who went more than two decades without paying a penny on his mortgage — while courts failed to evict him.
Guramrit Hanspal, 52, bought the three-bedroom, 2.5-bath East Meadow home in October 1998 for $290,000, with $58,000 down. He made the first mortgage payment of $1,602.37, and then never paid again. The house was foreclosed upon in 2000.
Over the years, Hanspal filed four lawsuits and seven bankruptcies, cases which automatically pause any attempt to evict. He even claimed COVID-19 financial hardship, court records show.
Other occupants of the Kenmore Street house also filed for bankruptcy along the way, as the house legally changed hands from one bank to another and finally to an investor — all of whom tried in vain to get Hanspal out.
https://nypost.com/2021/11/13/long-island-mortgage-deadbeat-guramrit-hanspal-finally-booted-after-23-years/
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