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How Governments Profit From Selling Foreclosed Homes

How Governments Profit From Selling Foreclosed Homes

FromOn The Merits


How Governments Profit From Selling Foreclosed Homes

FromOn The Merits

ratings:
Length:
12 minutes
Released:
Apr 18, 2023
Format:
Podcast episode

Description

When Geraldine Tyler didn't pay her tax bill, her county sold her home and kept the profits—more than twice what she actually owed. Tyler, a Minnesotan who's now in her 90s, sued. Next week she'll be appearing before the U.S. Supreme Court.
Numerous states have laws allowing tax authorities to take all of the value of a property when it forecloses. But Tyler is asking the Supreme Court to declare these laws unconstitutional.
Bloomberg Law reporter Perry Cooper is covering the case. She joins our weekly news podcast, On The Merits, to talk about it. Perry says Tyler's argument that her property rights have been violated may appeal to the court's ruling conservative majority.
Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.
Released:
Apr 18, 2023
Format:
Podcast episode

Titles in the series (100)

Bloomberg Law's On The Merits brings you the biggest legal stories of the week, coupled with smart interviews and analysis on a variety of legal topics. You’ll hear voices and perspectives from across the legal industry, including reporters, editors, attorneys, legal scholars, and general counsel. And, from time to time, we'll pull out a court filing or legal opinion from the week that, for whatever reason, piqued our interest. Host: David Schultz.