It all started in 2004 with a $50 parking ticket—and it ended at foreclosure.
For years, the City of Milwaukee attempted to collect payment on the ticket to no avail. After more than $2,500 in fines, a tax lien ensued and the city foreclosed on a 62-year-old man’s home.
This story is a harsh reminder that seemingly minor financial offenses, such as not paying an old parking ticket, can result in serious consequences.
Read more about this foreclosure story at Total Bankruptcy.
Psst..... did you know that Chapter 13 bankruptcy can stop some foreclosures?
Tags: chapter 13 bankruptcy, foreclosure
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