Florida Homeowner Forecloses On Bank of America
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.
We've heard this story a thousand times before, haven't we?
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.
Sweet indeed.
Americans 1 BofA 2,326,246. Step in the right direction but we still have a ways to go.
is intended to be a factual statement
Sweet justice amidst stinking piles of injustice. Still smells sweet, though.
Good for them.
More! More! More!
When will government of the people, by the politicians, for the corporations perish from this Earth?
Not soon enough!
Sweet!
A very likable story.
far left loon >.<
If they didn't tack on a few hundred thousand in proccessing fees they were foolish.
This is the first I've heard of any such situation where any bank tried to foreclose on a house that had no mortgage. The revenge was sweet I have to admit.
Hasa Diga Eebowai
http://abcnews.go.com/Business/bank-america-s...
http://www.businessweek.com/news/2010-10-07/m...
two.
Hasa Diga Eebowai
that we're aware of
I don't assume something doesn't happen just because I haven't heard of it.
I'm sure there are more examples - but I wouldn't discount the two just because there aren't one hundred that are in the media
That's pretty vain - and foolish
Who knew?
to think this is the real problem. If there were a thousand such cases it would be a minute problem compared to the magnitude of the real problem. That is the disrupted documentation trail that is totally screwing up the housing market, has virtually eliminated a lot of homeowner's equity, made job mobility impossible for millions. Until this is resolved a huge segment of the entire US economy will remain stagnant. It won't be resolved by putting people in jail, no matter how many that might be, despite the fondest wish of many here. And it better be resolved soon or more people will continue to walk away from underwater mortgages exacerbating the problem and dragging this out for years.
Hasa Diga Eebowai
One is too many.
Have you heard of title insurance? Yes, one of the newer products around is to buy title insurance so when scumbags that don't own your home try to steal it, insurance will cover it. Yet another insurance policy for you to purchase with your tax-paid dollars.
far left loon >.<
Who do you shill for, BofA?
far left loon >.<
more than once.
one was a guy who paid cash on a short sale, the other was a couple who spent their life savings on a home to retire in. They had a renter, the bank scared the renter out, changed the locks etc. On the second one BoA never held the paper; they got the address wrong.
me-oww!
Sweet !
"The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all."
they should also reimburse that Sheriff's office for services rendered!
I hope they meant "judgment" instead of "legal fees." The way it reads now is like just the lawyers got paid.
Not like that isn't the way it always is, but I hope the home owners got some gravy too.
See, this is why we need tort reform.
/s
taken possesion of everything in the bank. Hey, there's got to be money in the vault, and they could have sold the location to another bank or BofA (for the right price).
This is the second time this happened. Wasn't there something like this a few months ago?
The first one you are thinking of happened to a Wells Fargo branch....I can't quite remember where
This is pretty amazing! Good on the owners and their lawyer... one for the 'lil guy.
w00t!
If there's anyone left with BoA accounts, for God's sake, close them.
Worst bank in America. Their terms for Checking, Savings, and anything else are downright offensive.
I asked them once about opening an account just for shits and giggles,
Once they told me the terms, I laughed my way out of that pathetic institution.
I don't believe in God. Teach a man to be a good citizen and you have solved the problem of life.
-Andrew Carnegie
one of the major news/opinion folks on a major national new show would feature this story. I'm betting there are a lot of folks in many states who've been unjustly foreclosed on and have no idea they could pursue a 'Reverse Foreclosure' action against the bank.
That would give a lot of us some hope that there are ways we can oppose and strike back against the corpora-fascists and banksters, before they bribe Congress and SCOTUS to completely trash the entire leagl system!
"Egotism is the anesthetic that dulls the pain of Stupidity" - Frank Leahy
I've read all day. All week. A true stick-it-to-the-man David and Goliath tale. BofA bought my mortgage a few years ago, and I've been writing, calling, and emailing them about adjusting my loan under HAMP, only they won't play ball even using the rules on their own website.
I'm seriously considering a strategic default. They can have my deeply underwater condo.
Men are basically smart or dumb and lazy or ambitious. The dumb and ambitious ones are dangerous and I get rid of them. The dumb and lazy ones I give mundane duties. The smart ambitious ones I put on my staff. The smart and lazy ones I make my commanders.
Become a squatter in your own home- or contact your Attorney General about your problem.
NACA is working with most states Attorneys' General to re-fi people. A family member of mine in Washington State is currently squatting- waiting for NACA to come through. Her loan was with Bof A and they have lied repeatedly to get her to leave, even dangling the "cash for keys" bribe of $3000 under her nose.
They don't have the note- and can do nothing. But boy do they try.
First they ignore us..then they ridicule us..now they are feeding us chicken crap- sign my petition:
http://www.change.org/petitions/fda-stop-feed...
www.ickenittlepost.com
1) C&L comments don't support emoticons
2) There isn't a 'grinning from ear-to-ear' emoticon anyway.
Well done. America must be fed up with those who "rob you with a fountain pen."
"In theory theory and practice are alike. In practice they are very different."
The American Dream is a 30 minute animated film by Tad Lumpkin & Harold Uhl that shows you how you’ve been scammed by the most basic elements of our government system. All of us Americans strive for the American Dream, and this film shows you why your dream is getting farther and farther away.
"Great minds discuss ideas; average minds discuss events; small minds discuss people." ~ Eleanor Roosevelt
...cause this is just cool as hell!!
Who knew?
Fahrenheit or Celsius? :D
wishing there was a hell of a lot more stories about like this one in the MSM but ive a snowballs chance of .... oh bugger.
you know what i meant.
"After about an hour of being locked out of the bank, the bank manager handed the attorney a check for the legal fees."
Wrong. Why can't news reports get even simple details correct? The bank manager wasn't locked of of his office, the attorney was. See about one minute in.
Maybe they just don't know proper sentence structure.
I love this story.
The bankers responsible should have been deprived of their homes.
And the DoJ should be investigating BoA for fraud. Probably would fall under RICO statutes too.
Where is Snidely Whiplash twirling his moustache?
About time these "bankers" got some hard time, 5 years
minimum in a REAL prison and not some frat house with
barbed wire.
For the last part of the video?
The Lawyer was explaining something and the audio dropped out.
This is activism we can sink our teeth into! Go.For.It.America! Kick some ass! I'm lovin this!!!
BoA tried to foreclose on a house when it never wrote a loan for the house and had no title. It points back to the lack of proper documentation that was endemic during the feeding frenzy that caused this crisis. It probably started with a typo. They may have assumed that the nonexistent title was just one of thousands that got lost on a silicon chip. Bottom line is BoA made no effort to get it right, they are still arrogant punks who think they can do whatever they want, and they need to answer in court.
... think of Charlie Sheen.
Get your lemonade, watch the traitors hang.
Congress' TREASON have no boundaries, so does M$M's brainwashing/sidetracking.
Republicans for Voldemort.
Govenment does work, just not for YOU. Govenment work ONLY on the behalf of the Tycoons.
not to mention that the "Sheriff of Nottingham" DON'T settle debts - It's BENEATH him, it's a ONE-way-street.
The FEUDALISM is coming back !
P.S. On similar subject, I just wonder a question that nobody even thinks to ASK: Does the FED pay taxes ?
Get your lemonade, watch the traitors hang.
Congress' TREASON have no boundaries, so does M$M's brainwashing/sidetracking.
Republicans for Voldemort.
Govenment does work, just not for YOU. Govenment work ONLY on the behalf of the Tycoons.
Every once in a while there is a feel good story. Who knew?
far left loon >.<
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