Sorry, Grandma! Chrisley Knows Best’s Grandma Faye Losing Home Thanks To Son Todd’s Financial Issues
April 22 2014, Published 7:16 a.m. ET
Chrisley Knows Best viewers have fallen in love with family matriarch Grandma Faye as they watched her dip her toe into the dating pool after her husband’s death, trying to find a new man at age 69. But she may need to find a new house first.
RadarOnline.com has exclusively learned that the Alpharetta, Ga., home where she lives just entered foreclosure as part of her son, series star Todd’s messy bankruptcy proceedings.
According to court documents obtained by RadarOnline.com, U.S. Bank, National Association and Homebanc Mortgage Loan received permission from the court on Monday, April 21, “to commence foreclosure proceedings against” the Alpharetta home where Faye lives and “obtain possession of the property.”
Attorneys for the bank said in the filing that they would “immediately enforce” the order.
READ The Court Documents Giving The Bank Permission To Take Grandma Faye’s Home
As RadarOnline.com has reported, U.S. Bank/Homebanc is going after Chrisley because they claim he defaulted on a $362,300 secured loan to the tune of $33,533.38.
Normally, creditors are barred from proceeding in collections and foreclosure against bankrupt debtors, but the bank had asked the court for “relief from the automatic stay so that it may exercise its remedies under the Security Deed and applicable state law.
That permission was granted Monday.
For more on the Chrisley family’s financial and legal issues, stay tuned to RadarOnline.com!
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