Homeowners foreclose on bank

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DPDarkPrimus
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Homeowners foreclose on bank

Post by DPDarkPrimus »

COLLIER COUNTY, Fla. - A bank foreclosure story you've got to see to believe. A Collier County couple turns the tables on Bank of America, the bank that tried to foreclose on their home. Now, the family is foreclosing on the bank! Even bringing trucks and deputies ready to seize property.

The foreclosure nightmare started when Warren and Maureen Nyerges paid cash for a home owned by Bank of American in the Golden Gate Estates. They never had a mortgage whatsoever. But, the bank fouled it up and wound up issuing a foreclosure through their attorney.

The couple took their case to court and after a year and a half nightmare the foreclosure was dropped. A Collier County judge said Bank of America has to pay the couple's $2,534 legal fees for the error. After more than five months the bank still hadn't paid up. So, the homeowners' attorney did just what the bank would do to get their money, legally seize their assets.

"I instructed the deputy to go in and take desks, computers, copiers, filing cabinets, including cash in the drawers," Attorney Todd Allen told WINK News.

Outside the Bank of America on Davis Boulevard, several deputies stood by with movers ready to start hauling out the bank's office supplies and furniture.

Inside, the homeowners' attorney was locked out of the bank manager's office by deputies while the bank manger tried to figure out what to do.

Allen says the manager was visibly shaken, "Having two Sheriff's deputies sitting across your desk, and a lawyer standing behind them, demanding whatever assets are in the bank can be intimidating. But, so is having your home foreclosed on when it wasn't right."

After about an hour the bank finally cut a check to satisfy the debt, and no furniture was taken. A representative for Bank of America issued a statement saying they are sorry for the delay in issuing funds. They claim the original request went to an outside attorney who is no longer in business.

As for Allen, he calls this a symptom of a larger problem he sees often in the courts, where banks don't perform their due diligence on foreclosure cases. "As a foreclosure defense attorney this is sweet justice."
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Psychic_Sandwich
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Re: Homeowners foreclose on bank

Post by Psychic_Sandwich »

Absolutely beautiful. Maybe if this happened more often, there wouldn't be any problems with getting large organisations to pay out to individuals.
aieeegrunt
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Re: Homeowners foreclose on bank

Post by aieeegrunt »

Can I get a Fuck Ya! Fucking banks. I swear they pull bullshit like this on purpose; knowing that many people can't fight back effectively. Fuck them all.
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FaxModem1
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Re: Homeowners foreclose on bank

Post by FaxModem1 »

Good. I wish this kind of thing would happen more often.
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Broomstick
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Re: Homeowners foreclose on bank

Post by Broomstick »

Reminds me of back in my freelance artist days when some bitch wouldn't pay me what she owed me (and yes, she had signed a contract). She came in one morning to find me literally sitting on her desk blotter. Only in that case, it took two hours to convince the guilty to hand over a check. Then again, I didn't have sheriff's deputies with me.

But yeah, good on them.
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Re: Homeowners foreclose on bank

Post by Eternal_Freedom »

That's priceless. Good for them (the couple)!
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Re: Homeowners foreclose on bank

Post by White Haven »

That....that just did more to lift my spirits than anything else I could name for the past few weeks. 'Poetic justice' just doesn't even begin to cover it.
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Re: Homeowners foreclose on bank

Post by ChaserGrey »

Well done, indeed. Mistakes like that need to have consequences, and I for one am glad to see these people hammering the bank as hard as they can. If I were the judge I would have imposed damages for the time they spent on the case, emotional stress, and so forth, but to be fair I'm not sure if the law allows for that.
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