Homeowner forecloses on BofA.

[Rick]

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

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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

[ebake02]

Love it!

[Rick]

Love it!

Me too!

[verslibre]

THAT IS FUCKING AWESOME!!!!!!!!!!!!!!!!!!!!!!!!!!

Fuck you, BofA!

They don't give two shits about their customers. The fuckers even stuck me with a check fee once because they passed it through on the same day it was submitted.

EAT A BAG OF DICKS, BofA!!!!

[Rick]

THAT IS FUCKING AWESOME!!!!!!!!!!!!!!!!!!!!!!!!!!

Fuck you, BofA!

They don't give two shits about their customers. The fuckers even stuck me with a check fee once because they passed it through on the same day it was submitted.

EAT A BAG OF DICKS, BofA!!!!

I've been a BofA customer for years, and have never had a problem. They've always taken care of any discrepancies I ever had, so I have no complaint personally with them, but I've heard many horror stories, and this is MAJOR justice done for any and all of that.

[scarab]

in most other non-3rd world countries, if you sue and lose, you pay all legal fees.

not in america, land of sue anyone for anything.

[steveo777]

I'm sure glad I use my local credit union for all my banking needs. They don't charge ridiculous fees.
Everyone there knows me by name and can look up stuff on my account for me without me even
having my account number with me. My credit card as been 9.9% interest for 20 years, no annual
fee and free checking.

[Rick]

in most other non-3rd world countries, if you sue and lose, you pay all legal fees.

not in america, land of sue anyone for anything.

So, what happens if you sue a big conglomerate, and they win because their lawyers were better? Even if your case should have won. That happens every day. That would put any average Joe in financial ruin for the rest of their lives.

[Rick]

I'm sure glad I use my local credit union for all my banking needs. They don't charge ridiculous fees.
Everyone there knows me by name and can look up stuff on my account for me without me even
having my account number with me. My credit card as been 9.9% interest for 20 years, no annual
fee and free checking.

We have a Credit Union at work, the American Airlines Federal Employees Credit Union, and I use them for certain things, buying cars and such, but about 10 years ago, when AA laid many people off, that same credit union seized those peoples final paychecks to cover outstanding loans, even if they weren't delinquent. So I put no money in there, whatsoever. I'm sure the Credit Union needed that money more than those people without a job.