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URL:  http://boards.fool.com/we-are-in-the-process-of-cutting-cable-services-to-30323824.aspx

Subject:  Re: intercst a Homeowner Date:  10/16/2012  9:30 PM
Author:  Donna405 Number:  45846 of 61275

We are in the process of cutting cable services to those units. We cannot cut water as that is against state law. In addition, each building has a water meter, not each unit. However, that could be circumvented, and the utility could cut it off to the unit. However, due to statutes, water is considered a necessity, as is heat. Therefore, cutting that off is a no-no.

Right now, we are collecting nothing on the debt. Many of that owner's units are unoccupied. He does not keep them up and no one wants to live in them. In fact, we have another multiple-unit owner, and the tenants in the defaulting owner's units are moving as fast as they can to the additional multi-unit owner, along with others.

SP, in my earlier post, I stated that we have a foreclosure action against the unit owner.

Donna
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