A Naples, Florida Bank of America Branch received a surprising visit from 2 Sheriffs Deputies with a Foreclosure notice earlier this month, after the large bank was culpable in repaying 2 homeowners for legal costs after being found guilty of unlawfully foreclosing on their home.
The couple, who had got their home with cash, had received notice that Bank of America was proceeding with a foreclosure. On receiving the notice the couple immediately employed a defense lawyer who was able to get the case upended in court, and also a judgement against Bank of America for reimbursing the legal charges the couple sustained.
After 5 frustrating months of not getting repaid for the judgement, the irritated couple turned the tables on BOA, and foreclosed on their local Bank of America branch. Showing up with a Notice of foreclosure, two deputies, their foreclosure defense lawyer, and a moving truck, it was sort of plain that the couple meant business.
"This is sweet Justice." said their foreclosure defense lawyer, who had successfully navigated the complex requirements to file a foreclosure against the bank. The unexpecting Bank of America branch in Naples, was caught completely off guard and a local news crew from WINK was there to catch the responses from all parties on film.
The movers came prepared to remove all furniture and whatever assets they could find at the bank. The bank boss, caught completely by surprise, managed to get a check from the behemoth establishment within almost an hour. The homeowners were finally paid back, but not without a black eye on Bank of Americas slow moving beauracracy which has appeared to plague the mortgage industry in the wake of the real estate collapse.
Ironically, it seemed that Bank of America Foreclosure department was the one which needed the assistance!
The couple, who had got their home with cash, had received notice that Bank of America was proceeding with a foreclosure. On receiving the notice the couple immediately employed a defense lawyer who was able to get the case upended in court, and also a judgement against Bank of America for reimbursing the legal charges the couple sustained.
After 5 frustrating months of not getting repaid for the judgement, the irritated couple turned the tables on BOA, and foreclosed on their local Bank of America branch. Showing up with a Notice of foreclosure, two deputies, their foreclosure defense lawyer, and a moving truck, it was sort of plain that the couple meant business.
"This is sweet Justice." said their foreclosure defense lawyer, who had successfully navigated the complex requirements to file a foreclosure against the bank. The unexpecting Bank of America branch in Naples, was caught completely off guard and a local news crew from WINK was there to catch the responses from all parties on film.
The movers came prepared to remove all furniture and whatever assets they could find at the bank. The bank boss, caught completely by surprise, managed to get a check from the behemoth establishment within almost an hour. The homeowners were finally paid back, but not without a black eye on Bank of Americas slow moving beauracracy which has appeared to plague the mortgage industry in the wake of the real estate collapse.
Ironically, it seemed that Bank of America Foreclosure department was the one which needed the assistance!
About the Author:
Turtle Bay Land Company is a Hawaii Based Real Estate Investing company that specializes in helping homeowners avoid foreclosure. In business since 2002, they understand the correct way to help homeowners stop foreclosure, and have a proven track record for doing so.
No comments:
Post a Comment