to turn the tables on too-big-to-fail American banks, and one homeowner
did just that.
In this all
too familiar tale, the homeowners paid for their home in cash and
had no mortgage. Bank of America, for whatever reason, had paperwork
showing that they did owe a mortgage and they subsequently foreclosed
on the home and seized it. After thousands of dollars spent and
the many headaches associated with going to court to clear their
names, the homeowners won a judgement against Bank of America.
attorney says that they repeatedly contacted Bank of America to
be paid the legal fees, but the bank ignored the requests.
As a result,
the homeowners were left with no choice but to come after the banks
assets. The showed up at Bank of America with their attorney, a
Sheriffs deputy, and a moving truck full prepared to
seize the banks furniture and cash in tellers drawers. According
to the attorney:
instructed the deputy to go in and take desks, computers, copiers,
filing cabinets, including cash in the drawers.
[bank manager] was visibly shaken having two sheriffs deputies
sitting across your desk and a lawyer standing up behind them
demanding whatever assets are in the bank it can be intimidating.
But so is having your home foreclosed on when it wasnt right.
a foreclosure defense attorney, this is sweet justice, because
this a symptom of a larger problem.
It seems like
this is the best option for anyone who has been foreclosed on, intimidated
by their banks and won a judgement against them. Send over the trucks,
the police and your attorney and take whats owed. Theyd
do the same thing to you.