A couple pays cash for their house and Bank of America tried to foreclose on them? How is that not theft.
But the couple did the next best thing when Bank of America refused to pay the couple's legal fees, they foreclosed on Bank of America.
From digtriad: 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.
http://www.digtriad.com/news/watercooler/article/178031/176/Florida-Homeowner-Forecloses-On-Bank-Of-America
The bank finally paid off their debt of attorney's fees only.
How come the homeowners just got attorney's fees and not punitive damages? How come Bank of America was not charged with attempted theft? If you or I did this, we would have been arrested for fraud and attempted theft.
Another reason why Bank of America is an evil corporation.
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