Dravin Posted June 5, 2011 Report Posted June 5, 2011 Bank of America Gets Pad Locked After Homeowner Forecloses On It | digtriad.comHonestly you'd think Bank of America simply would have paid the fees and costs, I guess not. It's rather poetic. Quote
RipplecutBuddha Posted June 5, 2011 Report Posted June 5, 2011 Something similar happened to my father regarding payments on the property he used for his business. The bank assumed he tossed out his financial records after seven years, but he kept them for twelve years. They tried taking him to court for missing an entire year of mortgage payments. He didn't even call his attorney. He just grabbed the annual box for that year's financial records, left it in care of the court, then went home. The case was dismissed the next day. Then my dad went to the local paper, told his story, and pulled his accounts from the bank and went with a local bank. After the month was out, the guilty bank lost nearly a third of it's balance sheet in accounts. The entire staff was changed out three months later. Quote
KrazyKay Posted June 5, 2011 Report Posted June 5, 2011 This is one thing I'm hoping my family never encounters. We paid cash for our house, never had a mortgage. But after seeing this, if a bank does try to foreclose on us, I know we will win the case. Quote
Blackmarch Posted June 6, 2011 Report Posted June 6, 2011 (edited) Sometimes its real fun to see karma in action. Ya some innocent people will probably be out of jobs for while, and I probably shouldn't be laughing, but still.... ROFLMAO Edited June 6, 2011 by Blackmarch Quote
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