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."FYI, just got an email from the parties involved... "She has an attorney and is working with her to get this resolved."
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??
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.
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.
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.
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.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.
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.