Six Foreclosure Tags On Congresswoman
June 6th, 2008
Not merely one – but there are six foreclosure tags on Congresswoman, Democrat Laura Richardson. Her house in Sacramento was recently sold. Besides she has two other units in Southern California, which has received six default notices of foreclosure houses. Five of the six took place during the last 13 months for the houses she continues to possess in San Pedro and Long Beach. This is according to the findings of Los Angeles Times.
During this time she was campaigning for the Congress and California Assembly by spending $177,500. In Tuesday’s primary she is faced by two challengers. Richardson explained her predicament by saying that due to many changes in her work schedule, divorce, illness and death in the family accompanied by nine campaign trails over the last decade she had to incur heavy expenses and suffer extreme financial strain. Richardson further said that her personal problems should not be used as a tool for politics. All along she had been transparent in her doings. Two are her personal properties and her lender is challenging the validity of the sale of the third. She said that she shared with her constituents “the anguish that the housing is in a severe crisis.” She was quite above board in saying that she had used the money for financing her campaigns and this had led to her failure in meeting mortgage commitments. According to her the house in Sacramento was sold in foreclosure without her being informed because meanwhile she had negotiated the loan for paying it off.
Her neighbours in Curtis Park contend that she had neglected her house and left it uncared for. One neighbour is Sean Padovan, retired police personnel. He lives close by and says that she allowed the grass in her 3 bed roomed house to grow nearly a foot high. Finally Padovan went over and took her permission to mow her lawn! Her craftsman-style building has peeling paints and broken windows.
Her challenger, Peter Mathews held a news conference in front of her house to focus on her ‘pattern of irresponsibility’. She had bought the four bed roomed two bath property on Long Beach for $135,000. She was running for an open seat in the City Council in 2000. In 2006 her election to the Assembly and then to the Congress in 2007 during a special election kept her extremely busy. She replaced the late Juanita Millender-McDonald to represent Long Beach, Carson and Compton.
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