.comment-link {margin-left:.6em;}
My Photo
Name:
Location: Takoma Park, Maryland, United States

I'm now a 52-year-old American male raised as an Episcopalian, veteran of submarines, Peace Corps, and State Department. I like teaching people about what they can do with computers and have gotten by as an independent Microsoft trainer teaching networking, but I really hope to someday find a way to make a living traveling on my motorcycle, camping, and writing about places and people I meet along the way.

Monday, November 13, 2006

Foreclosure

This just in. Susan's Dad did foreclose on her! She just found out that the house will be sold at public auction.

3 Comments:

Blogger Gamine said...

Holy fuck, I am so sorry to hear this. I am so, so sorry.

So that's just it? He's just yanking the rug out from under her? No alternatives? Where will she go?

Wasn't somebody trying to work out an alternative that would help her refinance and keep the house?

I wish I could be helpful. Again, I am so sorry to hear this and I hope that something comes through for her. Good luck.

7:40 AM  
Blogger JB said...

Yes. Not only that, but she got two days notice. The auction is at noon tomorrow.

She was working on refinancing to pay off his note and all her other debts and it seems he acted precipitously.

It sounds like even with the financing to pay him off he won't settle. Perhaps he wants the asset value of the property out of her hands. There's noises about it ending up in a family trust, but it will be one that Susan says he and an old girlfriend that he made manager of the mother's estate will run.

There might be a case for a sane parent protecting an irresponsible sibling through their adulthood, but what if the parent is as nuts as the sibling? Did Kafka ever write anything with as much subtlety?

10:09 AM  
Blogger Gamine said...

Well, I wrote to you once about my impressions and apprehensions about Mr. Lindauer. I won't say more here. I just think the whole thing is depraved. Family should not being doing this to family. Its just awful.

I am glad Susan has Karin to go to bat for her. Of course, now she has a forclosure on her credit report, and I am sure that is not going to help her situation.

I don't know if this is anything Susan can use, but I toss it out for what it is worth: if she has any other problems with creditors as the result of what she has been through in the past couple of years, http://www.creditboards.com is a fantastic source of support and information on how not to get financially steamrollered. I wish her the best of luck.

8:25 AM  

Post a Comment

Links to this post:

Create a Link

<< Home