Quote:
Originally Posted by pylon
This is no different than arson, and I am sure there will criminal charges. He destroyed the Banks property, not his. Go throw a a molotov cocktail through the window of your car in broad daylight in front of witnesses and see how that goes if there is a bank loan on it. No different, you would be going to jail or charged with fraud.
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Well, putting aside the obvious fact that you would be charged for reckless endangerment...
But no, it was not the banks property as the bank had not foreclosed yet. He has every right to demolish his house or do whatever he wants with it. The end result is that he still owes the bank $160k, but bankruptcy will no doubt take care of that.