In a Twist, Homeowners Foreclose on Bank
That's how foreclosure defense attorney Todd Allen described the feeling of going to a Bank of America branch in Naples, Fla., to seize their assets.
Faced with a pair of sheriff's deputies locking down his building, the branch manager capitulated and handed over a check for $2,534. The sum was to cover Allen's fees from a case where he represented clients that the bank had tried to foreclose on -- despite the fact that they paid for their home in cash.
According to the News-Press in Fort Myers, Bank of America opened their case against Warren and Maureen Nyergers in February of 2010 and voluntarily dropped it two months later, but never coughed up for the couple's legal fees as ordered by a judge.
North Carolina's WFMY has the details on how justice was served:
For more on foreclosure and related topics, see these AOL Real Estate guides:
- How to Buy Foreclosures
- Spot Foreclosure Scammers Before They Spot You
- Foreclosure: What it Means for Renters
- Foreclosure Help: What a Housing Counselor Can Do
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
Get property tax help from our experts.