Monday, June 06, 2011

Foreclosing on Bank of America

A homeowner and her attorney showed up at Bank of America with movers and deputies in tow, ready to seize the bank's property! They were foreclosing on the bank for not paying court ordered fees, this after Bank of America made a mistake and tried to foreclose on a property they bought with cash.

A story about homeowners turning the tables on the bank spread like wildfire all over the Internet. Major news websites picked up the story, then it was posted and re-posted on hundreds of websites, blogs, Twitter accounts, and Facebook pages. Thousands leaving comments.

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

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