Law and Rights
Home owner forecloses on Bank - justice in Florida
From WFMY News, out of Collier County, Florida comes this report of true justice.
Seems Bank of America filed foreclosure papers on a home that was owned by a couple free and clear - no mortgage, no loan, no debt and certainly no bank mortgage.
You'd think the bank could figure that out when they got the court papers from homeowner Maurenn Nyergers' attorney, but no. the bank still went to court and the home owner's won.
More than that, the judge then ordered Bank of America to pay the legal fees of the homewoners, saying it was a wrongfully filed foreclosure. Five months later, the bank still hadn't paid up. So the couple's attorney did exactly what the bank threatened to do.
He executed on the bank - sending the sheriff out with a court order to seize the bank's assets - the desks, computers, copiers, filing cabinets and cash in the teller's drawers.
The attorney, Todd Allen, told CBS that the bank ignored his calls and letters. Naturally he had to take action so he did. You can see the tv news video by clicking here.
The sheriff padlocked the bank and after an hour or so, the bank manager handed over a check for the legal fees the bank owed.
Now, folks, that really is justice. Attorney Allen said that he often sees bank making errors because (in the rush to foreclose) they often don't investigate adequately and it makes for a long and costly fight for the innocent homeowner.
We seen and heard of more and more cases like this where banks and their collection lawyers make mistakes. For instance, one of our Ohio clients got foreclosure papers served on him for a house in Florida that he never heard of. He's never even been to Florida, let alone bought a house there. In spite of numerous letters and emails and phone calls, the bank and their foreclosure lawyers then dropped him out of the lawsuit only to serve him all over again a few months later. Now he has a claim pending back against the bank.
Big banks make mistakes when they rush their foreclosure papers thru and when their foreclosure lawyers have so many files to handle they can't keep them straight. Frankly, it is likely that only when the bank has to pay for their mistakes that they will learn to slow down before they mess up more people's lives.
Burdge Law Office
www.BurdgeLaw.com
Helping consumers protect themselves every day
-
Saab Plant Continues Shut Down; Parts Shortage; Millions Owed To Suppliers?
Saab's main assembly plant in Sweden remains shut down while parts suppliers line up with hand outstretched, wanting paid for parts deliveries. Saab officials say they have $200 million in the bank, according to The Detroit Bureau, but still are trying...
-
Is It Identity Theft Or Is It Bank Robbery --- And Whose Fault Is It?
We've talked before about identity theft and its dangers and lots of people have. There's even a terrific British Youtube about it and the puzzling question of whether it is really identity theft at all (or is it just electronic bank robbery?)....
-
Is It Identity Theft Or A Bank Robbery?
Okay, so you get a call from the bank saying your identity was stolen and they took the money out of your account. Is it identity theft, or is it really just a bank robbery? Of course, the bank says it's identity theft and it was your money that got...
-
Bank Ripoff Rivals Car Dealers
Car dealers aren't the only ones who try to rip off consumers. Today let's look at banks, First Premier Bank and their credit card program specifically. Their logo says "Financial Services From a Different Perspective" and boy is that ever true....
-
The Legal Challenge To Ecb Restrictions On Greek Bank Accounts ? And How You Can Help
Steve Peers Many EU citizens have watched with sympathy and concern as Greek citizens have been limited to withdrawing ?60 a day in the last two weeks. This restriction results from a restriction imposed by the European Central Bank (ECB) on the emergency...
Law and Rights