General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsA picture or Alex Jones's house, located in scenic...
....Naga-naga-nagonnalivethereanymore, Texas.

Beachnutt
(8,929 posts)
Effete Snob
(8,387 posts)Assuming that the award survives recission and appeal, he will then file for bankruptcy, and the house will be within the Texas homestead exemption.
If you owe people a lot of money, you move to Texas.
So, yeah, you picked the one thing he is definitely not losing.
https://www.nolo.com/legal-encyclopedia/texas-bankruptcy-homestead-exemption.html
CanonRay
(16,200 posts)That's why Texass and Floriduh are havens for grifters. e.g. the Trump crime family.
lindysalsagal
(22,970 posts)ntion the security. Plus, he has to pay property taxes.
Effete Snob
(8,387 posts)Plus, in Texas, his wages are exempt, and you can bet that he has a pretty good deal with his present and future employers, which he runs.
On top of that, Texas has unlimited exemptions for his retirement accounts, some of which permit loans.
VMA131Marine
(5,291 posts)People moving from CA to TX are finding they pay more total tax in TX because of property taxes.
Unless youre in the top 1% of course:
https://www.yahoo.com/video/everything-bigger-texas-including-taxes-162135063.html
Effete Snob
(8,387 posts)I'm not sure where the pictured house is located, but there is no state real property tax. I agree that in some counties and municipalities it can be higher than in others.
But, for the same reason, you can't lose the house by not paying the tax.
VMA131Marine
(5,291 posts)Which states have a statewide property tax?
I live in CT and I pay more in property tax to my town than I pay income tax to the state.
Ilsa
(64,429 posts)Instead of having a progressive income tax, they hit every homeowner. When I moved to Georgia from Tx, my real estate taxes remained the same, even though my new lot was bigger, and the house went from 1600 sq ft to 3100 square feet. Texas also has a higher sales tax, although unprepared food is exempt.
Effete Snob
(8,387 posts)But the state of Texas does not. So, it depends on where one is located.
https://comptroller.texas.gov/taxes/property-tax/
Texas has no state property tax. The Comptroller's office does not collect property tax or set tax rates.
Some places are low and, yes, some places are quite high.
Tommy Carcetti
(44,565 posts)Although if someone owns multiple properties, the non-homesteaded properties are not protected. And I believe Jones owns multiple properties.
alwaysinasnit
(5,634 posts)has one on this property) recently.
gldstwmn
(4,575 posts)LW1977
(1,611 posts)Just one last time..
Hugh_Lebowski
(33,643 posts)brush
(61,033 posts)but this is a well-deserved lulu. Well done, jury members as Jones made multi-millions yearly for pushing blatant and obvious lies.
There were dead children and adults for God's sake. Those bodies weren't crisis actors. Either Jones is crazy and believes his denials of reality, or he thought a day of reckoning was never going to come for him.
jimfields33
(19,382 posts)Or is this the end of the road and he has to pay?
Kingofalldems
(40,325 posts)But it was a big loss for right wingers today--don't you think?
jimfields33
(19,382 posts)Just_Vote_Dem
(3,664 posts)Plus I believe the families can begin to put liens on his properties, excluding his home.
Hugh_Lebowski
(33,643 posts)Tommy Carcetti
(44,565 posts)Chainfire
(17,757 posts)That means he will have a lot of debt to work off. If I was a billion in debt, I would be broke....
After his personal property has been liquidated, the judge should only let him keep an income at the rate of minimum wage, with the rest of anything he made going to the families. He may end up having to sell that homestead to pay for a used mobile home, on the wrong side of the tracks.
If he was left with nothing, homeless, penniless and friendless, it still wouldn't pay for what the evil bastard did.
former9thward
(33,424 posts)I don't care if the award was a trillion dollars. Courts don't take homes, primary cars or leave a person broke. It is considered against public policy and they don't do it.
Effete Snob
(8,387 posts)https://www.natlbankruptcy.com/chapter-7-bankruptcy/
Although Texas law allows residents to choose the federal bankruptcy exemptions, Texas bankruptcy exemptions are among the most generous in the country and it is rare for a debtor not to utilize their protections.
For example, the Texas homestead exemption allows debtors to protect an unlimited amount of value in their home provided the property does not exceed 10 acres in a city town or village or 100 acres elsewhere.
former9thward
(33,424 posts)On edit I just noticed in the OP picture his home is in TX. But, yes, each state has different rules on bankruptcy and judgments.
Effete Snob
(8,387 posts)And broadcasts from Austin.
Ilsa
(64,429 posts)on the advice of his lawyer, who probably consulted bankruptcy attorneys and accountants.
Effete Snob
(8,387 posts)He was born in Dallas and has lived in Texas his entire life.
https://en.m.wikipedia.org/wiki/Alex_Jones
Jones was born on February 11, 1974,[41][42] in Dallas, Texas, and was raised in the suburb of Rockwall.
Jones began his career in Austin working on a live, call-in format public-access cable television program.[54] In 1996, Jones switched to radio, hosting a show named The Final Edition on KJFK (98.9 FM).
Moving there when getting sued is not a good approach, since 40 months residence is required for the homestead exemption.
Ilsa
(64,429 posts)regardless of where he was originally from.
My mistake. Geez.
TxGuitar
(4,350 posts)You can lose everything outside and in but you can't lose your house (unless you don't pay your mortgage).
2naSalit
(103,287 posts)Cover the judgement amount.
AllaN01Bear
(29,653 posts)i hope other hard assets come next.
Hermit-The-Prog
(36,631 posts)spanone
(141,826 posts)Ilsa
(64,429 posts)Mike Nelson
(10,943 posts)... that looks expensive! I know they let people keep their homes... but he needs to maintain that estate with real money. Any money he makes will be challenged. My guess is that utilities, servants, and hookers are not going to take IOUs for long...
budkin
(6,849 posts)No doubt.
Deuxcents
(27,268 posts)Abolishinist
(2,978 posts)looks like he transferred 100% ownership to his wife earlier this year.
Property Detail from Travis County...
https://stage.travis.prodigycad.com/property-detail/437866/2022
Google Maps aerial view...
https://www.google.com/maps/place/1400+Barton+Creek+Blvd,+Austin,+TX+78735/@30.2980382,-97.8590343,81a,35y,138.98h,55.35t/data=!3m1!1e3!4m5!3m4!1s0x865b35f6d69bdec1:0x96de62cbd5b57a72!8m2!3d30.2972369!4d-97.8584286?hl=en&authuser=0
I just noticed that the entire link does not show. If you want a view from the back you need to copy and then enter all of the above.
Initech
(108,943 posts)Dorian Gray
(13,850 posts)that mother fucker loses everything he has.
Nobody deserves it more.
2naSalit
(103,287 posts)Greybnk48
(10,735 posts)I can't imagine that creepy ugly troll living in a house like this. Well he can kiss it goodbye.