B of A: the New Tax Man

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At www.huffingtonpost.com

Your city has the right to take your house if you fall behind in your property taxes, but they move slowly, and procedural safeguards are strong. Now BofA and Morgan-Chase have purchased the rights to collect delinquent local taxes. Their plan is to move quickly, tack on big fees, and grab your house when you can't come up with the cash.

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At www.huffingtonpost.com


 

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