Thread: Florida Homeowner Forecloses On Bank of America

Bank of America Gets Pad Locked After Homeowner Forecloses On It

10:23 AM, Jun 4, 2011
Video at the Link

Collier County, Florida -- Have you heard the one about a homeowner foreclosing on a bank?

Well, it has happened in Florida and involves a North Carolina based bank.

Instead of Bank of America foreclosing on some Florida homeowner, the homeowners had sheriff's deputies foreclose on the bank.

It started five months ago when Bank of America filed foreclosure papers on the home of a couple, who didn't owe a dime on their home.

The couple said they paid cash for the house.

The case went to court and the homeowners were able to prove they didn't owe Bank of America anything on the house. In fact, it was proven that the couple never even had a mortgage bill to pay.

A Collier County Judge agreed and after the hearing, Bank of America was ordered, by the court to pay the legal fees of the homeowners', Maurenn Nyergers and her husband.

The Judge said the bank wrongfully tried to foreclose on the Nyergers' house.

So, how did it end with bank being foreclosed on? After more than 5 months of the judge's ruling, the bank still hadn't paid the legal fees, and the homeowner's attorney did exactly what the bank tried to do to the homeowners. He seized the bank's assets.

"They've ignored our calls, ignored our letters, legally this is the next step to get my clients compensated, " attorney Todd Allen told CBS.

Sheriff's deputies, movers, and the Nyergers' attorney went to the bank and foreclosed on it. The attorney gave instructions to to remove desks, computers, copiers, filing cabinets and any cash in the teller's drawers.

After about an hour of being locked out of the bank, the bank manager handed the attorney a check for the legal fees.

"As a foreclosure defense attorney this is sweet justice" says Allen.

Allen says this is something that he sees often in court, banks making errors because they didn't investigate the foreclosure and it becomes a lengthy and expensive battle for the homeowner.

CBS News

http://www.digtriad.com/news/watercoole ... Of-America

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Ya gotta see the Video ... its worth watching

Sweet Justice: How To Foreclose On Your Bank

Mac Slavo
June 6th, 2011
SHTFplan.com
31 Comments

It’s time to turn the tables on too-big-to-fail American banks, and one homeowner did just that.

In this all too familiar tale, the homeowners paid for their home in cash and had no mortgage. Bank of America, for whatever reason, had paperwork showing that they did owe a mortgage and they subsequently foreclosed on the home and seized it. After thousands of dollars spent and the many headaches associated with going to court to clear their names, the homeowners won a judgement against Bank of America.

The homeowner’s attorney says that they repeatedly contacted Bank of America to be paid the legal fees, but the bank ignored the requests.

As a result, the homeowners were left with no choice but to come after the bank’s assets. The showed up at Bank of America with their attorney, a Sheriff’s deputy, and a moving truck – full prepared to seize the banks furniture and cash in tellers’ drawers. According to the attorney:

“I instructed the deputy to go in and take desks, computers, copiers, filing cabinets, including cash in the drawers.â€

After about an hour of being locked out of the bank, the bank manager handed the attorney a check for the legal fees.

Now it's time to take the Bank to civil court for compensation due to the forced suffering of depression and anxiety.

Saturday, June 04, 2011 1:02 PM

Deputies and Movers Show Up at Bank of America to Seize Bank Property Including Computers for Homeowner Wrongly Foreclosed On; The Way Forward

http://globaleconomicanalysis.blogspot. ... nk-of.html