Sunday, March 17, 2013

Retiree lost money when Fowler went bankrupt

Among the creditors who lost money when Joshua Fowler filed bankruptcy was retiree Shirley Cox. Cox rents a sparsely furnished one-bedroom apartment in Winter Garden, three miles from the house she sold Joshua Fowler for $550,000. At the time of the sale, her husband, Jimmy, a citrus buyer, was dying of cancer. The money for the house was supposed to support Shirley after he passed. The money from the sale of the house is gone. So is the $100,000 Joshua Fowler borrowed from the Coxes when he purchased their house. Fowler said he needed the money to renovate the 4,100-square-foot, four-bedroom brick house. "I had to put a lot of money into that home," Fowler said. Cox said she didn't feel good about the deal, but her husband was insistent that they sell the house before his death. Fowler's offer was the only one they had Read the rest at http://www.orlandosentinel.com/news/local/breakingnews/os-joshua-fowler-bankruptcy-retiree-20130317,0,3031744.story

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