Man bulldozes own home to stop bank having it
February 23, 2010
MOSCOW, Ohio - A US man says he bulldozed his $US350,000 ($A389,191) home to keep a bank from foreclosing on it.
Terry Hoskins says he has struggled with the RiverHills Bank over his home in Moscow, Ohio for years and had problems with the Internal Revenue Service. He says the IRS placed liens on his carpet store and commercial property and the bank claimed his house as collateral.
Hoskins says he owes $US160,000 ($A177,916) on the house. He says he spent a lot of money on lawyers and finally had enough. About two weeks ago he bulldozed the home.
Messages were left for the bank and its lawyer.