another casualty of the mortgage crisis:(

[shanti]

Couple faced money strains
As Placer jail keeps close watch on woman suspected of drowning baby, records detail financial woes.
By Terri Hardy - [e-mail]
Published 12:00 am PST Tuesday, January 22, 2008

As the woman suspected of inexplicably drowning her baby this weekend at her Granite Bay home was under close observation at the Placer County jail Monday, records show that she and her husband have been under significant financial strain.

*snip*

Public records document the Fuellings' financial struggles.

Kristina and Nicholas Fuelling have suffered two home foreclosures – and at least one of those houses had a subprime mortgage, court records show. Various creditors took Nicholas Fuelling to court in 2006-07, and the state issued a tax lien against him for nearly $54,000.

Johnson, Kristina Fuelling's defense attorney, said Monday that he wouldn't "address any financial issues at this time."

According to court records, Nicholas Fuelling purchased a home on Pampas Way in Fair Oaks for $255,000 in 2003. In October 2004, he refinanced the home with a subprime lender for $349,411, as well as taking out a loan for $35,000.

In May 2005, during the real estate boom, Fuelling borrowed an additional $115,000 against the Pampas Way home. That same month, he purchased a second home – a condominium in Roseville for $390,000.

A bank foreclosed on the Cortina Circle condo in October 2006. Another bank foreclosed on the Pampas Way house the next month, court records show.

Records also show that Fuelling's company, which tests for mold and other hazards in homes and businesses, has been the subject of dozens of complaints to the Better Business Bureau in the past three years. He is listed as president of Res-Com Environmental Inc., which also operates under other names: RC Services, RC Inc. and Rescom Environmental.

*snip*



Read the full story here:
http://www.sacbee.com/101/story/651343.html

[AlCzervik]

1. holy crap i just read about her yesterday, going out to the porch to retrieve todays copy.

[Demeter]

2. A Real Wheeler-Dealer There

and a stupid wife to back him up. It would have made a lot more sense to off the husband. Just saying.

[SoCalDem]

3. Financial woes exacerbate mental illnesses..

What "happened" to these people sounds like the husband's greed and ignorance collided, head-on..and the poor little baby paid the price.:cry: