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Updated over 8 years ago, 07/29/2016
Previous Tenant's Bankruptcy Denied!
I couldn't believe it... I won a judgement against a pair of professional squatters in excess of $8,000 five years ago... Of course the squatters filed for bankruptcy right after my judgement was awarded. That was the first time I had been to Bankruptcy Court and I asked to make one statement to the court... "The Federal Bankruptcy Court is an accomplice and should be held accountable along with the plaintiff in an "attempted financial homicide" against me as a landlord. Despite their efforts, I was able to pull through financially and still own the house.
The problem for these particular squatters is they also defrauded an attorney. This attorney made it his mission to derail the bankruptcy and hold these thieves accountable. I met him at the hearing mentioned above. This attorney kept in touch with me through the years and came to my home, with a court reporter, and took my deposition. A few months ago I got an email from him telling me that the bankruptcy was denied and I should be able to proceed with collections against the squatter through any mean available to me including wage garnishment.
A month ago I received a notice from the court that the Debtor has filed a "Request to Make Payments." in regards to my judgement. The debtor has requested a payment of $10.00 per month to me because that's all he can afford after he pays $274.00 for his phone; $279.00 for his cable and, oddly enough, he has to pay a water bill of $50.00 and a separate sewer bill of $70.00 every month. I intend to present to the court my Straight Talk phone bill of $48.35 and my Charter cable and internet bill for $112.54, and, finally, my water bill, including sewer, for less that $20.00 per month. I'll ask the court to award me a monthly payment equal to the savings the debtor can realize by subscribing to the companies I subscribe to. He's really getting ripped off by his current providers!!! If the court agrees the payment to me would be ($673.00 <$180.89> = $492.11) $492.11 per month ... That sounds fair to me!!!!
I'll keep you posted ;.)