Lost her home • Reason: $6.30 debt

Haredim 10
May 1, 2014   
Elaine Battisti, a widow from Pennsylvania, owed $6.30 to local authorities. The amount ballooned to $235,000, and the woman's home, valued at $280,000, was sold to cover the debt.
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Losing your house because of a 20 shekel debt? This is exactly what happened to Eileen Battisti - a widow from the state of Pennsylvania in the USA, whose home was foreclosed on due to a debt of $6.30.

The website Market Watch, which published the story, reports that Battisti's house was sold in 2011 because she failed to pay her taxes, which amounted to the legendary sum of $6.30. When the house was sold, Battisti's debt "bloated" to the imaginary sum of $235,000.

Battisti petitioned the court, and last week, the judge rejected her petition, claiming that she had received more than enough warnings about the possibility of her home being foreclosed due to the unpaid debt.

The judge said there was "no doubt" Batiste received several messages before the house was put up for sale for $116,000.

In the meantime, Batiste lives in a house, which is estimated to be worth $280,000, but said she will appeal the judge's decision, as she was not aware of the debt at all, since her late husband was the one who managed all of their financial affairs.

Battisti's story is the story of tens of thousands of people who suddenly discover that a minor debt - sometimes even due to a parking ticket - has ballooned into a serious financial problem.


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