The historic Essex House in Holyoke is facing foreclosure as its current and former owners are delinquent in paying a substantial amount of taxes. A tax lien was previously placed on the property to no avail. The property is also in a deteriorating state, causing many city officials to be concerned about its unclear future and contemplating methods that would establish a long-term plan for the building. The property currently has an outstanding tax bill of more than $76,780, stemming from taxes that accrued between 2008 and 2013. A tax collector filed a tax taking for the property in 2011 when over $7,000 was due in unpaid taxes. The property was then eligible for a foreclosure by the city during the same time period, but many properties were also subject to foreclosure at the time, so action was delayed on the Essex House. Finally, the property was officially approved for foreclosure in September 2012 with a complaint to foreclose the lien in November 2012.
A former Amtrak employee recently fled to avoid going to prison due to tax evasion. As a jury delivered its verdict of 29 guilty felony counts, the 60-year-old defendant was nowhere to be found. The woman was found guilty of insurance fraud, tax evasion, perjury and grand theft from her employer's retirement board. She received in excess of $500,000 from disability payments due to accidents that the prosecution says she faked. She could receive up to 33 years in prison, but she escaped while she was free on a $50,000 bail that the judge ordered during her trial that lasted two months.
Money is the topic of the year for most people, agencies, states and the federal government as the economy sluggishly recovers from the recent recession. Bills are hard to pay for everyone, and many find themselves in serious debt. In fact, one of the biggest topics of the current election is the country's outstanding debt and what should be done to fix it.