PropertyProf Blog

Editor: Stephen Clowney
Univ. of Arkansas, Fayetteville

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Tuesday, June 7, 2011

Homeowner Forecloses on Bank of America Branch

Revenge!

Five months ago, Bank of America filed foreclosure papers on the home of Maurenn Nyergers.  The trouble for Bank of America is that Nyergers never had a mortgage - she paid cash for her house. 

The case eventually went to court and Nyergers was able to prove she didn't owe Bank of America a dime. In fact, the judge ordered Bank of America to pay Nyergers' legal fees.

But then, Nyergers said she waited more than five months for a check. So the family's lawyer, Todd Allen, moved to seize the bank branch's assets.  Allen instructed sheriff's deputies and movers to remove desks, computers, copiers, filing cabinets and any cash in the teller's drawers.

According to sources, bank employees were locked out of the branch and the bank's manager appeared "visibly shaken" and "bewildered."  Yet, within the hour, a fairy tale ending;  The bank manager handed over a check to the lawyer for the legal fees.

Steve Clowney

http://lawprofessors.typepad.com/property/2011/06/homeowner-forecloses-on-bank-of-america-branch.html

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Comments

The video I think added an extra touch. Thanks for posting. I recently wrote an article about foreclosure settlements against the nations' five largest banks. I think you may find it relevant and interesting. http://sikoralaw.wordpress.com/2011/06/07/foreclosure-settlement-with-nations-largest-banks/

Posted by: Michael | Jun 10, 2011 10:06:07 AM

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