In May of 2015, he was scammed by an attorney Mr. Richard Symmes (who had been assigned by a legal insurance network to stop the foreclosure on one of his five homes on an old charged-off debt of $72K by a local credit union, from the time of the great housing market crisis and economic recession of 2010) into filing a completely unnecessary and absolutely suicidal bankruptcy, despite having a net worth of $4.5 Million and more than double the liquidity in bank to pay off the credit union. Mr. Symmes then dragged the estate through conversions – from Chapter 13 to Chapter 11 to Chapter 7, all the while writing up several tens of thousands of dollars in fraud attorney fees for himself and his fellow colluding scammers the “HOA attorneys” representing the $25/mo and $55/mo uncontested HOA dues for the HOAs that couple of his properties are situated in.
In 2016, Ms. Thankamma had suffered a second stroke, which paralyzed her left side and made her dependent on a PEG tube and Catheter despite maintaining a high degree of intellectual ability, due to which Mr. Nair had to hire two live-in persons to help him take care of his mother. Despite assiduously maintaining her insurance through Obamacare, and paying over $1000/mo as premium, her insurer Molina Healthcare had declined to offer placement at a full time nursing home as she now needed.
Although the Chapter 13 and Chapter 11 trustees tried to dismiss the case, the freshly appointed Bankruptcy Judge Christopher Alston refused to do so and instead allowed a conversion to Chapter 7, from which Mr. Nair had to pay $103K to the trustee to simply dismiss the chapter 7 and get his remaining $4.3 Million estate back from the scam, on April 2017. Almost entirely the $103k settlement money he paid to the Chapter 7 trustee Ms. Nancy James went to her own attorney Mr. Rory Livesey and herself (although they had nothing to do but to take his cash and distribute to the unsecured creditors), as well as to Mr. Symmes, as the only real unsecured debt he had that were paid from this amount were the balances on his exclusive credit cards that totaled less than only $17k. A total of ~$86K was charged in bogus fees and legally baseless claims (including a $5k claim from King County as penalty for renting one of his rooms in his home) for doing so.
After getting $4.3M of his estate back from the scam, including his five premium properties in coveted eastside locations, Mr. Nair tried to evict one of the renters, Mr. John Stampalia, who had been holed up in one of the homes for nearly a year taking advantage of his bankruptcy situation and with the blessings of Mr. Livesey and Mr. Symmes. These scammers had found allies in Mr. Doug Cameron (Redmond Ridge East HOA Attorney) and Mr. Dainen Penta (Snoqualmie Ridge HOA Attorney) to collude with and maximize their fraud fees from a fully solvent, multi-million dollar estate trapped into a fake bankruptcy.
At the eviction hearing however, despite the existence of a clear-cut Rental Agreement outlining the rent, and the fact Mr. Nair had duly obtained all the permissions including from ARCH (a housing development authority), King County Superior Court Judge Ken Schubert declined to enforce the uncontested, fully legally binding rental contract, and ruled that Mr. Stampalia is not liable for rent for almost 16 months that he had not paid for his stay.