Abusive New Jersey Turns Unpaid $140 Sewage Bill Into $50K in FOUR YEARS!

New Jersey - The ultimate abusive nanny state hires henchman company and screws man out of $37,500!

Dominick Vulpis
admits he had an outstanding $140 sewage bill. But when that bill went
unpaid for four years, the $140 bill turned into a home foreclosure
notice and $50,000 in debt.
MSNBC
reports that Middletown, N.J., turned over the utility bill to Approved
Realty Group, an investment company. The practice is far from unheard
of. Private companies buy up existing debts from local governments and
then pursue the responsible parties, charging interest and fees. Several
states have placed limits on the amount of money these private
companies can charge for unpaid public utility bills.

But last December, Vulpis, a 60-year-old plumber, and his wife, Lindarose, discovered a notice that their home was being foreclosed.

"It was never brought to my
attention until it was too late and we were served with papers saying we
had to move out of our house," Vulpis told MSNBC. "I may pay a bill
late, but I pay them. I'm not trying to beat anyone for $140."

Eventually, Vulpis was allowed to
keep his home. He reached a $37,500 settlement with Approved Realty
Group. But Vulpis had to use his mortgage company to come up with the
funds. And now, Vulpis says the added attorney fees and higher interest
rate on his mortgage balance could put the total tab over $50,000.

"I think he stuck me up without a
gun, this guy," Vulpis says of Approved Realty Group. "If he was a nice
guy he could have said, 'OK, I understand what happened, give me $5,000
for my troubles.' But he wanted a lot of money."

MSNBC says Approved Realty Group
did not respond to phone calls requesting comment but notes that the
settlement amount is 260 times the original $140 balance.