Across the country, the biggest banks have been responsible for abuses against homeowners, often foreclosing on them in abusive ways and disregarding the human casualties of their policies.
Yet in one case in Collier County, Florida, a pair of sheriff’s deputies turned the tables on the mega-bank and struck a blow for beleaguered homeowners everywhere.
A Bank of America branch there had improperly been involved in a foreclosure lawsuit against a local couple, yet the bank was refusing to pay the couple’s legal fees when it was found to be in the wrong.
So two sherrif’s deputies and an attorney showed up at a Bank of America branch with some help — a local William C. Hoff moving crew. The deputies and attorney offered Bank of America a choice: Either the mega-bank pay the couple’s $2,534 legal fees, or they would foreclose on the branch and and seize all of its assets. Bank of America decided to pay. Watch a local news station’s report on the incident:
It should be noted that not only has Bank of America been involved in abusive practices against homeowners, but that it also is a major tax dodger that actually got away with paying nothing in corporate income taxes in 2009.