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Homeowners turn the tables by foreclosing ON Bank of America
dailymail.co.uk ^ | 6-5-11

Posted on 06/05/2011 7:07:33 AM PDT by Justaham

southern Florida couple got sweet revenge when they foreclosed on Bank of America, instead of the other way around. The unusual turn of events started in Collier County months ago, when the mega-bank notified Maurenn Nyergers and her husband that their comfortable, relatively new home had gone into foreclosure.

Trouble is, the Nyergers say they they never owed the bank a cent, swearing instead that they had paid cash for their dwelling. A Collier County judge agreed with the couple, and ordered Bank of America to pay their legal expenses. But then, the Nyergers say they waited more than five months for a check.

The family's lawyer, Todd Allen, told CBS: 'They've ignored our calls, ignored our letters, legally this is the next step to get my clients compensated'.

So Mr Allen moved to seize the bank branch's assets.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Miscellaneous
KEYWORDS: housingbubble

1 posted on 06/05/2011 7:07:36 AM PDT by Justaham
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To: Justaham

HAHAHA sometimes revenge is sweet...


2 posted on 06/05/2011 7:09:50 AM PDT by jakerobins
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To: Justaham

BoA just got a million dollars of negative advertising. If I were a competitor....I’d toss up a 30-second ad and comment on the comical episode.


3 posted on 06/05/2011 7:10:35 AM PDT by pepsionice
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To: Justaham

Great story, thanks for posting!


4 posted on 06/05/2011 7:11:31 AM PDT by thethirddegree
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To: Justaham

I am SO GLAD I’m done with those BOA idiots/criminals! My local Credit Union ROCKS! :)


5 posted on 06/05/2011 7:14:24 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Diana in Wisconsin

BOA has roots that go all the way back to loan companies of dubious reputations that purchased banks, merged with larger banks, only to take them over and keep merging till it owned a majority of the stock in some of the most prestigious banking establishments.


6 posted on 06/05/2011 7:22:04 AM PDT by shadeaud (" If you can't beat them, arrange to have them beaten." -- George Carlin)
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To: shadeaud

Too big to fail? LOL! ;)


7 posted on 06/05/2011 7:24:46 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: shadeaud

One of those banks was the San Francisco Bank of America (where they picked up the name.) This old line bank was a pleasure to deal with and had branches on military posts around the world.


8 posted on 06/05/2011 7:38:48 AM PDT by Eric in the Ozarks (Eh ?)
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To: Justaham

Now that is one great lawyer!!


9 posted on 06/05/2011 8:48:44 AM PDT by presently no screen name
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To: Eric in the Ozarks

Nations Bank was once a real bank with professional account managers and a lobby in ENGLISH not Mexican / Spanish. That seems to be all they care about now.

Dropped b of a years ago. The final straw was when the teller commented on my account balance, “wish that were my account balance” he said. Cleared out the accounts by cashier’s checks that hour.


10 posted on 06/05/2011 9:11:13 AM PDT by Sequoyah101 (Half the people are below average.)
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