A Utah man had a bold plan, which we told you about last year. His house was going into foreclosure unless he could come up with $21,638.02 to pay HSBC. So he announced to the world that he would burn his car and post the video online in exchange for donations. He raised about $15,000 and even sold $1,200 worth of advertising on the side of the car. He tried to work with local fire departments to get them to let him burn the car, to no avail. So he did it on public land and now he’s in court and getting fined, reports KSL.
The guy who offered to set his car on fire in exchange for “loanations” (his word–he says he’s going to pay back all donations) managed to raise enough money to prevent the foreclosure sale of his house yesterday. Below is a video of him handing over a check for $21,000. The only problem is, now he’s saying he might not burn the car.
John admits on his blog that he’s responsible for falling six months behind on his mortgage. But once he got over his divorce and losing his adopted son and started trying to make things right, he ended up in loan modification limbo at HSBC. The bank never moved forward on any modification, and now he has to pay $21,638.02 today if he wants to keep his house. Logically, he’s offering to burn his car and post the video online in return for donations.