Supreme Court Overrules Local Governments For Seizing Homes
Critics call the practice βhome equity theft.β
The case came after Pacific Legal Foundation (PLF), which represented the homeowners in both cases, released a report late last year saying that 12 states and the District of Columbia allow local governments and private investors to seize dramatically more than what is owed from homeowners who fall behind on property tax payments. PLF is a national nonprofit public interest law firm that takes on governmental overreach.
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Critics call the practice βhome equity theft.β
The case came after Pacific Legal Foundation (PLF), which represented the homeowners in both cases, released a report late last year saying that 12 states and the District of Columbia allow local governments and private investors to seize dramatically more than what is owed from homeowners who fall behind on property tax payments. PLF is a national nonprofit public interest law firm that takes on governmental overreach.
READ
ZeroHedge
Supreme Court Overrules Local Governments For Seizing Homes
"Home equity theft..."