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New tax and property collectors

By: Rick Mercier
For : Frugal Way
Date Added : October 19, 2010 Views : 652
Rate this Article : Current : 2.76 /5



Did you hear about the new opportunity for
the big banks and investment companies?
Local governments are now signing over
collection for tax delinquent homes.

So the local tax payer loses their job because
government created a tax break to move jobs to China.
Then because the homeowner doesn’t have
a job they fail to pay their property taxes on time.
The local government then sells the delinquent tax bill
to a third party collection agency owned by the big banks
that got the bail out money.
Then they put extra collections fees and high
interest rates which most still can’t pay.
Then they foreclose on the property and bingo
the banks have more real estate to sell!

More information at Huffington Post; click here
or paste link below.
http://www.huffingtonpost.com/2010/10/18/the-new-tax-man-big-banks_n_766169.html


 


 


 


 




Additional Links :
Huffington Post


Contact Info

Admin,Rick Mercier
Phone : 727-499-8765

Email : Rick@FrugalWay.com

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