A retired Florida attempted foreclosure on a Bank of America office by pulling a moving truck up to the bank’s building and threatening to take furniture and other items. Purposefully creating a scene at a strip mall in Naples, the couple hoped to acquire money owed to them after the banking giant wrongfully attempted to foreclose on their home.
Bank of America’s False Foreclosure
Maureen Collier and her retired police officer husband, Sgt. Warren Nyerges, found themselves in the predicament many Americans have experienced in recent years when Bank of America filed for foreclosure against them on Feb. 16, 2010. The only problem was this couple wasn’t like the millions who had fallen behind on payments and defaulted on their mortgage loans.
Instead, they had paid for their $165,000 home in cash in 2009–no mortgage attached. Yet, the bank, along with the David J. Stern law firm, were convinced the couple not only had taken out a mortgage loan, but were behind on payments.
After BofA foreclosed, the couple was forced to hire an attorney and fight the bank. They ultimately won the case, leaving the bank to pay $2,534 in attorney fees, court ordered. However, the branch failed to pay. This is when Collier and Nyerges decided to take matters into their own hands.
Couple Attempts Foreclosure on BofA
On Friday, June 3, the couple, their lawyer, a moving company and two sheriff’s deputies visited the bank with an ultimatum: Either pay the money owed to the couple or the equivalent amount in furniture would be taken and sold at public auction.
The bank attempted to negotiate for an hour. In the end, Bank of America decided to cut the couple a check for $5,772.88 in order to satisfy the original debt plus other fees related to the collection.
The couple noted in a News-Press story that they felt this step was necessary after the problems they’d encountered with the bank.
The bank, on the other hand, said the law firm it worked with was to blame for the delay in payment, stating that it was supposed to pay the couple but went out of business.
Finally the tables have turned. It’s time these banks are made to pay for their sleezy business tactics.
Good for them. BofA seems to be above the law. So it is nice to see the law used against them.
About time someone puts BOA in their place! This should show some people how bad that bank is managed. Great job!
[...] furnitureThe News-PressTables turned: Bank pays up in mistaken foreclosure caseNaples Daily NewsFlorida Couple Threatens to Foreclose on BofA OfficeGo Banking RatesThe Atlantic -TIME -CBS Newsall 348 news [...]
Hip, hip hooray for this couple AND TURDS TO B OF A AND ALL OF THE OTHER UNETHICAL BANKS OUT THERE.
Bank of America (not so American) should have paid this couple $165,000 plus $35,000 in attorney fees… I would have liked to seen a $50,000,000 award!
It’s very rare to listen to a story that I actually enjoy, and I enjoyed this story. It’s nice to see someone fight back against an evil corporation and win. It’s time to take America back – and to do that, we must take out the trash. Corporate greed has destroyed our nation from the inside out – but the power to change that rests with the individual American. Buy local. Bank local.
I’m guessing I will be foreclosed on as well by Bank of America. I went through all the qualifying for a loan modification and as I was about to sign the final paperwork I noticed they had sent me a gentlemans paperwork from Florida. When I called Bank of America they kept putting me off saying someone would get back with me. And I would get new paperwork sent to me. I never received new paperwork or a phone call explaining what happened. Now they say they can’t help me and I have never heard anything else.
In reply to #8, The one thing they don’t want is making this public like getting interviewed by a newspaper OR buy space in the paper to tell your story and let the public know AND ask any others who have similar experiences to contact you and maybe do a class action. I suggest getting a mail box address I am not a lawyer but I know that this sort of thing has worked before, many times. GOOD LUCK!!!!
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[...] the lead of Patrick Rodgers, a Florida couple threatened to foreclose on Bank of America when the bank also refused to pay up for attorney [...]