Saturday, June 04, 2011

Homeowners Strike Back Against Bank of America

Via Raw Story: Maureen and Warren Nyerges paid for their house in cash. They never had a mortgage. Bank of America still tried to foreclose on their home. The couple fought Bank of America in court for a year and a half. The judge eventually dropped the case and ordered Bank of America to pay Nyerges' $2,534 legal fees. Bank of America didn't pay up. The Nyerges decided to take action.

The Nyerges' attorney, Todd Allen, showed up at the bank, along with moving trucks and deputies, demanding that they be allowed to seize property to pay off the debt the bank owed to the Nyerges.

"Having two Sheriff's deputies sitting across your desk, and a lawyer standing behind them, demanding whatever assets are in the bank can be intimidating," said Allen. "But, so is having your home foreclosed on when it wasn't right."

After an hour-long standoff, the bank cut the Nyerges a check. Allen called the turned-tables situation "sweet justice."

Maureen and Warren Nyerges should have never even had their house foreclosed on. The defunct law firm David J. Stern is under investigation for falsifying foreclosure documents. Rolling Stone reporter Matt Taibbi wrote about Florida's "rocket docket" court with judges that don't read foreclosure documents. How can there be any doubt that banks are illegally kicking people out of their homes.

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