Ohio Bank Repossess Wrong House; Owner Wants $18K

Tecumsehsbones

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FYI, just got an email from the parties involved... "She has an attorney and is working with her to get this resolved."
She seems to be trying to avoid suing. Which is wise. As Voltaire said "I have gone to court twice in my life. The first time I lost, and it ruined me. The second time I won. And it ruined me."
 

karrie

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While it's all well and good to stand up for this one woman's rights, isn't it a bit odd that banks are capable of doing this in the first place? Doesn't that alarm the American people?
 

B00Mer

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While it's all well and good to stand up for this one woman's rights, isn't it a bit odd that banks are capable of doing this in the first place? Doesn't that alarm the American people?

Well there are plenty of stories of banks repossessing the wrong house.. what would you suggest be done??

Wells Fargo bank foreclosure agents clean out wrong house twice

Woman says Bank of America wrongly repossessed home - Pittsburgh Post-Gazette

"In Clawson, Mich., Nancy Cox returned home to find her possessions in the front yard, smashed with a sledgehammer, and a chalk drawing of a clown face on her garage with the tagline, "another job well done.

For Kenneth and Margaret Karpa in Pittsburgh, china and photos of their daughter were damaged. Missing belongings included a coin collection and the family cat.

In Kansas City, Allen Danforth discovered his elderly parents' furnishings -- tables, chairs, family heirlooms -- gone. Bank Contractors Break Into Occupied Homes, Terrify Residents, Lawsuits Say


Eighty-two-year-old Benito Santiago Sr returned to Tampa from vacation in 2009, and found his residence padlocked, and his life's possessions gone.

But as public records show, the home was not in foreclosure. http://www.dailymail.co.uk/news/arti...#ixzz2ZzxFZlV4

/////////////////////////////////

"Government of the people, by the people, for the people, shall not perish from the Earth." - Abraham Lincoln

It's now run by Big Government, for Big Corporations, paid by the people.

 

karrie

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Well there are plenty of stories of banks repossessing the wrong house.. what would you suggest be done??

I think the first step would be to compare the differences in the process between there, and everywhere else in the world, that face foreclosures all the time as well, without seeming to have these horror stories prevalent.
 

EagleSmack

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I think the first step would be to compare the differences in the process between there, and everywhere else in the world, that face foreclosures all the time as well, without seeming to have these horror stories prevalent.

That would mean banks would have to admit fault in the process.

Good luck.
 

karrie

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That would mean banks would have to admit fault in the process.

Good luck.

Well, I'm sure there are some banks out there that have good policies and go about foreclosures professionally, no? So then I suppose it becomes consumer pressure.
 

EagleSmack

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Well, I'm sure there are some banks out there that have good policies and go about foreclosures professionally, no? So then I suppose it becomes consumer pressure.

Absolutely. But the ones that don't aren't going to admit fault. As you pointed out, just look at the horror stories. It seems like once this process gets started they cannot stop them.

Off topic but Collection Agency horror stories are the same. Once you're on the list that you owe, they won't stop. Someone is going to pay.
 

SLM

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Well, I'm sure there are some banks out there that have good policies and go about foreclosures professionally, no? So then I suppose it becomes consumer pressure.

I find it very bizarre that for a supposedly consumer driven society, we consumers sure do seem to get taken to the cleaners quite a lot.

Absolutely. But the ones that don't aren't going to admit fault. As you pointed out, just look at the horror stories. It seems like once this process gets started they cannot stop them.

Is there not a consumer reporting agency with the government? I mean, there must be legislation that governs how these banks handle foreclosures as well as the companies that they employ to actually do the work.

Off topic but Collection Agency horror stories are the same. Once you're on the list that you owe, they won't stop. Someone is going to pay.
They are the worst, but then they usually purchase the receivable from whatever company the consumer was originally in debt to and frankly, they have nothing else to do all day except collect, collect, collect.
 

JLM

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Ohio Bank Repossess Wrong House; Owner Wants $18K

How many laws were broken. Ignorance is not an excuse.
Break & Enter
Theft.
Damage to private property
Personal mementos lost
Shame and embarrassment at being publicly shamed for not paying your bills. Get a lawyer. Just follow an ambulance. Stop and chat with the persons following.


Ohio Bank Repossess Wrong House; Owner Wants $18K | TIME.com

(MCARTHUR, Ohio) — An Ohio bank says a bad GPS navigator is the reason it repossessed the wrong house — and threw out all the possessions inside.

Homeowner Katie Barnett says her McArthur home was wrongly repossessed while she was away with her family last month. When they returned to the house, the locks had been changed and many of their belongings were missing.

Barnett wants the First National Bank of Wellston to give her $18,000 for the lost items. She says the bank wants her to show receipts for everything that’s missing.

First National CEO Anthony Thorne says the bank wants to compensate the family “fairly and equitably” but the items Barnett is claiming doesn’t match up with what the bank’s employees removed.

The bank says the house it meant to clean out was on the same street.

Sounds a little unprofessional to me!