Meanwhile, in 2004, Hanspal transferred the deed of the home to a friend, Rajender Pal, even though he had no legal right to do so, according to court papers. If bankruptcy filings didn’t work, Hanspal simply went to state court seeking relief, sometimes acting as his own attorney, according to an August 2005 order from Nassau County Judge Burton S. He went on to file another in November 2001, two in 2002 and one in 2003. By January 2001, he filed his first bankruptcy claim, records show. Guramrit Hanspal likely saved himself upwards of $440,000 by not paying his mortgage bills for 23 years.īy May 2000, Washington Mutual successfully foreclosed on the home, and Hanspal was “forever barred” from any claim to the property, according to the judgment of foreclosure.īut Hanspal never left.
Hanspal got 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. “It’s an outrage.”Īnd a good deal: Hanspal, who had an initial 7.375 percent interest rate on the $232,000 adjustable-rate mortgage, likely saved himself upwards of $440,000 by not paying his bills.
“He’s not legally occupying that property,” Katz said. Hanspal’s history of litigation “is incredibly long and sordid,” said Katz, who added that while he’s seen occupants staying in foreclosed homes before, “nothing even approaches the length of this one.” “It’s really a group of people that are more than willing to use the courts and abuse the courts to whatever extent they need to extend their illegal occupancy,” said attorney Jordan Katz, who reps current property owner Diamond Ridge Partners. Guramit Hanspal outside the East Meadow house where he’s evaded eviction for 20 years. as their address have also filed for bankruptcy in Brooklyn federal court, winning the “automatic stay,” only to have the claims eventually dismissed, court records show. BRIGITTE STELZERĪt least three other people listing the home at 2468 Kenmore St. Guramrit Hanspal has only made one mortgage payment while living in a 2,081-square-foot East Meadow home in Long Island since 1998.
Hanspal’s not the only occupant of the home leveraging the US Bankruptcy Code’s “automatic stay” rules, which give debtors a temporary reprieve from all collection efforts, harassment and foreclosures. So far, it’s worked: Two different banks and a real estate company have owned the three-bedroom, 2.5-bath home since Hanspal was foreclosed upon in 2000. Guramrit Hanspal, 52, has filed four lawsuits and claimed bankruptcy seven times to avoid being booted from the 2,081-square-foot East Meadow home he “bought” for $290,000 in 1998. My neighbors are threatening to evict me over my singingĪ Long Island man who only ever made one mortgage payment has deftly used the courts to stay in the house for 23 years - for free, according to legal papers. Snowball effect: Dog owner sues rock ‘n’ roll accountant, co-op to block eviction for barking 20 Asian immigrant families working out deal to avoid eviction after NYC developer ran off with $4Mįamilies face eviction after real estate developer allegedly vanished with $4M of clients’ money
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