Wednesday, June 08, 2011

Homeowners foreclose on bank that wrongfully foreclosed on them

Their attorney called it "sweet justice." I think I would agree. (Where I would tend to disagree: The bank's foreclosure caused a whole lot more pain to the wrongfully foreclosed homeowners than did the homeowners' [legally correct] foreclosure upon the bank.)

Warren and Maureen Nyerges bought a home with cash, but a year later, Bank of America tried to foreclose on them. The Nyerges had to take the bank to court to get them to stop the foreclosure, and in December 2010, the judge agreed: the bank had wrongfully tried to foreclose on the Nyerges' home. He ordered the bank to pay the couple $2,500 to cover their attorney's fees.

Months later, however, the bank had still not paid, despite repeated requests from the Nyerges. So, eventually, the Nyerges hired a lawyer who pursued a levy, and on Friday, June 3, the lawyer, Todd Allen, went to the local Bank of America branch with the sheriff, the media and a moving truck.

"I'm either leaving the building with a whole bunch of furniture, or a check or cash or something," said Allen.

Hat tip to Mike Adams and Neev M. Arnell of Natural News and Eyder Peralta of NPR News.

Most complete report is at Naples (FL) News.
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