In a delicious twist of irony, a homeowner in Florida foreclosed on a bank. A quick summary of events indicates that the homeowner had his home wrongfully foreclosed upon by Bank of America. This resulted in a lawsuit that Bank of America eventually lost resulting in the Judge awarding attorneys’ fees against Bank of America. The bank failed to pay the homeowners for the attorneys’ fees they incurred. The judgment allowed the homeowner to collect the attorneys’ fees by locking up a bank branch and then selling the property inside of the branch. As you can imagine, this resulted in a quick payment by Bank of America of the attorneys’ fees owed and some much needed vindication for homeowners.
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Thank you for reading this article by Tempe, Arizona bankruptcy attorney Glenn Roethler. The views in this article do not represent the views of the other members of Greeves, Price & Roethler, PLC.