In a modern-day version of David’s slingshot triumph over Goliath, an angry homeowner whose home was wrongfully foreclosed on by Bank of America gets revenge by foreclosing on the bank’s local branch.
The incident arose when the bank foreclosed on Warren and Maureen Nyerges of Golden Gate Estates in Naples. This surprised the Nyerges, since they had no mortgage–not with BofA or with anybody else. They had paid cash for their home in 2009!
Retired police officer Warren Nyerges and his wife, Maureen Collier, paid $165,000 cash for their 2,700 square foot home in the Golden Gate Estates subdivision, and never took a mortgage out on it. So imagine their surprise when, in February of 2010, Bank of America initiated foreclosure proceedings against them.
The Nyerges hired an attorney, Todd Allen, to defend them against the wrongful foreclosure, and the bank eventually abandoned the matter. But not before the Nyerges incurred $2,534 in attorney’s fees, which they requested informally from Bank of America multiple times before resorting to the courts.
In what must have seemed to observers like a scene out of a parallel universe, the court ordered the bank to pay the couple’s attorney’s fees and when they refused, the judge threatened to jail the local BofA branch manager for contempt of court.
After five months of phone calls and letter writing by Allen and the Nyerges to the bank insisting that the court order be obeyed, Allen took the next step in the legal collection process by doing what banks usually do to homeowners: They obtained an order of foreclosure against the bank!
Todd Allen had sheriff’s deputies march on over to the bank to seize belongings, including desks, computers, and filing cabinets. How did the bank respond? Watch below to find out why Allen is calling it “sweet justice.”
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