Their Home Was Sold In a Foreclosure Sale Without Them Knowing

Scott and Kari Amable bought their first home in California in 2005. But in spring 2021, a stranger rang their doorbell and told them he had purchased their house and that they needed to leave. Their home had been sold in a foreclosure sale. They’d been paying their first mortgage for years. And while they refinanced their second mortgage in 2006 to make repairs, they later declared bankruptcy and even received a tax document stating that the second loan had been canceled. But that debt came back to haunt them. Watch the full story -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for just $1.99 your first month: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.