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1986.
As of May 16, 1990, the-1988 property taxes remained
unpaid, and, again, the county threatened to sell the house. On
July 12, 1991, Meridian Mortgage Corporation (then the holder
of the first mortgage) sent notice of its intention to foreclose
if defaulted payments and late fees for the months of April
through June of 1991 were not made within 30 days. On November
11, 1991, Meridian Mortgage wrote again, requesting payments for
August through October of 1991. As of April 13, 1993, the
property taxes for 1991 and 1992 remained unpaid.
The Gaskins have made no improvements to this house, which
is in a state of disrepair. They have not purchased any new
furniture since at least 1981.
Personal Bankruptcy
On October 29, 1982, the Gaskins filed a petition in the
United States Bankruptcy Court for the Eastern District of
Pennsylvania. The Gaskins' petition listed the IRS as a creditor
of Mr. Gaskins in the amount of approximately $115,000.
According to the bankruptcy petition, the Gaskins owed local
taxes of $971.07 and owed Household Finance $1,650 on a loan
borrowed to pay taxes. They also owed Household Finance $992.64
on a second loan, used for the purchase of a major appliance.
When the Gaskins filed the bankruptcy petition, a suit was
pending in the case Credit Alliance Corp. and Leasing Service
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