Guramrit Hanspal Wiki – Guramrit Hanspal Biography
Guramrit Hanspal has filed four lawsuits and filed for bankruptcy seven times to avoid being evicted from the 2,081-square-foot East Meadow home he “bought” for $ 290,000 in 1998.
So far, it has worked: Two different banks and a real estate company have owned the three-bedroom, 2.5-bathroom home since Hanspal was repossessed in 2000. But Hanspal remains.
Guramrit Hanspal Age
Guramrit Hanspal is 52 years old.
Guramrit Hanspal dodges eviction for 20 years, living in a house he doesn’t own
A Long Island man who made only one mortgage payment has deftly used the courts to stay in the home for 23 years, free of charge, according to legal documents. So far, it has worked: Two different banks and a real estate company have owned the three-bedroom, 2.5-bathroom home since Hanspal was repossessed in 2000. But Hanspal remains.
Hanspal is not the only occupant of the house to take advantage of the “automatic stay” rules of the US Bankruptcy Code, which gives debtors a temporary respite from all collection efforts, harassment and foreclosures. At least three other people who list the home at 2468 Kenmore St. as their address also filed for bankruptcy in Brooklyn Federal Court, winning “automatic stay,” only to have the claims ultimately dismissed, court records show. .
“It’s really a group of people who are more than willing to use the courts and abuse the courts to the extent they need to extend their illegal occupation,” said attorney Jordan Katz, who represents current property owner Diamond Ridge Partners. . Hanspal’s litigation history “is incredibly long and sordid,” Katz said, adding that while he has seen occupants stay in foreclosed homes before, “nothing comes close to the length of it.”
“He is not legally occupying that property,” Katz said. “He is an outrage.”
And a good deal: Hanspal, who had a 7.375 percent starting interest rate on the $ 232,000 adjustable-rate mortgage, probably saved more than $ 440,000 by not paying his bills.
Hanspal obtained the mortgage from Washington Mutual in 1998 and made exactly one payment – $ 1,602.37, – before defaulting, prompting the bank to begin foreclosure proceedings a year later, court records show. In May 2000, Washington Mutual successfully foreclosed the home and Hanspal was “barred forever” from any claim on the property, according to the foreclosure judgment.
But Hanspal never left. In January 2001, he filed his first bankruptcy claim, records show. He then presented another in November 2001, two in 2002, and one in 2003.
If bankruptcy filings didn’t work out, Hanspal would simply go to state court for redress, sometimes acting as his own attorney, according to an August 2005 order from Nassau County Judge Burton S. Joseph. Meanwhile, in 2004, Hanspal transferred the deed to the house to a friend, Rajender Pal, even though he had no legal right to do so, according to court documents. Pal, using the Kenmore Street address, filed for bankruptcy in 2005, avoiding eviction once again.
“Sir. The apparently frivolous conduct of Hanspel and Mr. Pal in using the judicial system and the
Bankruptcy proceeding as a sword out of legal debt, rather than a shield, is more puzzling to this Court, ”Joseph wrote in 2005, threatening sanctions.
By 2008, Washington Mutual sank, marking one of the largest bank collapses in US history, and its assets were finally taken over by JP Morgan Chase. The new bank also failed to oust Hanspal and has been locked in litigation with him for years, with Hanspal filing at least three lawsuits against JP Morgan Chase in the Nassau Supreme Court. The two parties are also in an ongoing legal battle in Brooklyn Federal Court.