home forecloses on bank

Seriously.

Warren and Maureen Nyerges know how difficult it can be to get Bank of America’s attention. When the lending giant mistakenly attempted to foreclose on the couple’s cash-purchased Golden Gate Estates home in 2010, they spent weeks on the phone and in court before the case was dismissed. A judge ordered the bank to pay $2,500 in attorney fees for the couple’s troubles. Yet after five months and even more phone calls, neither the bank nor its local counsel had paid.

Friday morning, the couple opted for a different tactic. Media in tow, their attorney arrived outside a Davis Boulevard branch of the bank with deputies, a moving company and the court’s permission to seize branch assets.

“I’m either leaving the building with a whole bunch of furniture, or a check or cash or something,” the attorney, Todd Allen, vowed.

It was a scene that turned the foreclosure crisis on its head, if briefly. Collier County sheriff’s deputies entered the bank shortly after 9 am, located the bank manager and presented him with a court writ and a familiar choice: Pay the money or prepare to lose possessions.

A Sheriff’s Office spokeswoman said the agency typically gives a debtor an hour to pay, after which deputies will begin taking possessions.

via Naples News.

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