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Effete Snob

(8,387 posts)

2. Actually, that's the one thing he does get to keep

Reply to Tommy Carcetti (Original post)

Wed Oct 12, 2022, 04:30 PM

Oct 2022

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

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A picture or Alex Jones's house, located in scenic... [View all] Tommy Carcetti Oct 2022 OP

Boo hoo mf Beachnutt Oct 2022 #1

Actually, that's the one thing he does get to keep Effete Snob Oct 2022 #2

Yup exactly right. CanonRay Oct 2022 #4

and OJ WarGamer Oct 2022 #33

Holding the title, and paying the utilites and upkeep on that are two different things. Not to menti lindysalsagal Oct 2022 #5

The taxes are extremely low Effete Snob Oct 2022 #7

Property taxes in Texas are not low at all VMA131Marine Oct 2022 #20

Depends specifically on where Effete Snob Oct 2022 #23

Property tax is always local. VMA131Marine Oct 2022 #29

I disagree about low property taxes. Ilsa Oct 2022 #27

The counties and municipalities can levy property tax Effete Snob Oct 2022 #35

Similar to Florida Tommy Carcetti Oct 2022 #6

If he declares bankruptcy, I would be curious to know if he paid off his mortgage (assuming he alwaysinasnit Oct 2022 #14

They can't take the house but they can take everything else. gldstwmn Oct 2022 #40

If only Colbert would resurrect Tuck Buckford. LW1977 Oct 2022 #3

That would be fun! (nt) Hugh_Lebowski Oct 2022 #10

Often times karma takes awhile, as did this instance... brush Oct 2022 #8

Is he going to appeal this forever? jimfields33 Oct 2022 #19

Ohhh-I get it. Kingofalldems Oct 2022 #21

Oh so that's a not sure to the question? jimfields33 Oct 2022 #31

I think he may have to put up a substantial bond to appeal Just_Vote_Dem Oct 2022 #25

Was that an Office Space reference? (nt) Hugh_Lebowski Oct 2022 #9

........... Tommy Carcetti Oct 2022 #12

I read that his personal wealth is between 100-300 million. Chainfire Oct 2022 #11

You would not be broke. former9thward Oct 2022 #13

It's more than just policy.... Effete Snob Oct 2022 #17

Does Jones live in TX? former9thward Oct 2022 #18

Yes, he lives in Texas Effete Snob Oct 2022 #24

Yes, he moved there after he was sued, to protect some assets, probably Ilsa Oct 2022 #28

Where did that nonsense come from? Effete Snob Oct 2022 #41

I thought I had read that he had moved there, Ilsa Oct 2022 #44

And Texas has a homestead law TxGuitar Oct 2022 #16

Might have to sell it for the cash to... 2naSalit Oct 2022 #42

meanwhile , a lot of ppl live in squaler or substandard housing ie slums AllaN01Bear Oct 2022 #15

I bid $100. Hermit-The-Prog Oct 2022 #22

Got a feeling Alex may be downsizing soon.... spanone Oct 2022 #26

Not likely, as long as he can afford the RE taxes and upkeep. nt Ilsa Oct 2022 #30

Yikes! Mike Nelson Oct 2022 #32

He'll just grift back to millionaire status budkin Oct 2022 #34

I think his ex wife is suing him, too. Deadbeat dad.. Deuxcents Oct 2022 #36

I did a property search in Travis County, Abolishinist Oct 2022 #37

Oh yeah and Infowars is constantly going bankrupt. No wonder. Initech Oct 2022 #38

I hope Dorian Gray Oct 2022 #39

+1 2naSalit Oct 2022 #43

The house that evil built. Greybnk48 Oct 2022 #45

When does he have to move out? GoodRaisin Oct 2022 #46