Orange County Choppers (OCC) Chopper foreclosure is striking, after last night's episode of the new American Junior Senior vs. distributed. It turns out that the episode to air preview for next week, the title is a bit intimidating. Paul Teutul Sr. and his Orange County Choppers have applied for entry in the end.
Well, when I saw the preview, I do not think the Orange County Choppers foreclosure was real. I did some investigation and it turns out that in July last year, mortgage payments York missed a lot of OCC headquarters in New York. When digging deeper, I learned that Paul Teutul Sr. OCC and will not bankrupt at all, nor Paul Jr. and Paul Teutul Jr. sees the reasoning behind the foreclosure.
If this is not confirmed by the OCC, it appears that they will work not afford the mortgage payments because they are trying to conclude an agreement with the lender. It turns out that when the building was made in 2007 was worth about $ 12 - $ 13 million, and now that the economic downturn is worth about $ 7 - $ 8,000,000.
There you have all you chopper fans, it seems he was an American Orange County Choppers just trying to get their mortgage payments reduced. OCC is not bankrupt, as far as I know they have no more missed payments since early in July last year. If we find more information, be sure to let you know is.
American Chopper: Senior Vs. Junior will air a brand new episode next Monday night at 10 | 9c on the Discovery Channel.
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