Homeowner Forecloses on Bank of America – Ya, You Read it Right

Attorney Todd Allen in Collier County Florida gets my vote for Man of the Year for defending home owners against foreclosure.  Apparently Bank of America tried to foreclose on Maurenn Nyergers and her husband. However the homeowners claimed to have a valid defense. Their defense was, not only did they not owe any money on the home, but that they had paid cash for the house and didn’t even have a mortgage.

For some reason Bank of America still moved forward with the foreclosure and the case went to court.  The court sided with the homeowners and ordered Bank of America to pay the couples legal fees. After more than 5 months and no payment from Bank of America, Super Attorney Todd Allen decided to borrow a page from the bank’s own playbook and foreclose on them.

He rolls up to the bank with sheriff’s deputies and a moving truck and is going to start taking whatever isn’t nailed down.  After what is described as a pretty nerve racking hour for the bank manager, the bank cut the homeowners a check.

I am not familiar with any of Mr. Allen’s other work, so I am not endorsing him, but if you have a house that is getting foreclosed on around Collier County Florida, I would certainly see if I could have someone like Todd Allen on my side.



About Damon Day

As a Debt Coach and a Financial Advocate, I have saved my clients Millions of Dollars by exposing the debt relief scams that other consumers fall victim to. I work directly for my clients to create custom debt relief strategies based on their own unique circumstances. Consumers who speak with me first, come out far ahead of those who don't, every single time. Guaranteed. +Damon Day

21 Responses to “Homeowner Forecloses on Bank of America – Ya, You Read it Right”

Read below or add a comment...

  1. John (4 comments) says:

    Result of extremely weak leadership at the top of BoA

    • Damon (132 comments) says:

      Hey John,
      I am not sure why this happened, but it seems clear that B of A just blindly went after these people and then for whatever reason refused to pay. The incredible part of this story is that it appears that the couple never even had a mortgage with Bank of America to Foreclose on in the first place.

      It was not as if they claim to have paid off the mortgage and Bank of America disagreed. This was a colossal screw up on the banks part, and Kudos to Mr. Allen for bringing attention to it.

  2. Sonny (9 comments) says:

    For real, he actually pulls up to the bank branch and is about to haul away stuff? In that case, if I were him, the teller registers and the mini safes would be the first to get loaded into the truck. Or are those considered “nailed down”?

    • Damon (132 comments) says:

      Hey Sonny,

      Ya, that is what happened. He rolled up with some sheriff’s deputies, a court order and a moving crew. Basically says you have the right to cut me a check, or I have the right to start loading up :-). Classic.

  3. Quo (1 comments) says:

    Forclosing on a bank? That’s awesome. It’s about time someone takes action against these banks trolling for foreclosures. What a crazy story, thanks for sharing

    • Damon (132 comments) says:

      Hey Quo,

      You are welcome. It was a story that was much to interesting for me not to write about and share. Glad you enjoyed it.

  4. david (3 comments) says:

    Your video is not working for me. I am using chrome. But I think I watched this anyway it is funny, now they know what it feels like to be a homeowner.

    • Damon (132 comments) says:

      Hey David,

      Thank you for bringing that to my attention. It appears something happened with the embed code. I replaced it and it appears to be working now.

  5. Sire (5 comments) says:

    Hey Damon, what a great video. I would have loved to be a fly on the wall when those sheriffs and the lawyer were insisting on picking up their furniture and stuff. 😀

    How the hell could they go after these people when they paid cash for their home? Makes no sense unless they defaulted on some other loan.

    • Damon (132 comments) says:

      Hey Sire,

      Ya, I am thinking the poor branch manager was wondering what the heck to do. It was a major screw up for sure. Not sure how it could have happened myself.

  6. Dan (2 comments) says:

    You have to laugh! That’s probably the most idiotic act of a bank ever…

    I can’t believe that a bank would be stupid enough to take someone to court when they have no paperwork or any signed documentation to prove that there is a mortgage!

    • Damon (132 comments) says:

      Hey Dan,

      Ya, I have to agree. It is hard to believe they can screw things up that bad. It just goes to show you how much you have to be on your toes when dealing with financial matters. Mistakes happen all the time.

  7. Jordan (3 comments) says:

    Excellent piece! The banks seem to always get away with screwing the consumer and this housing debacle of the past decade has been a windfall for banks and a nightmare for homeowners. I wish he would have hauled away all of BofA’s furniture and goodies. Maybe then they would be more compassionate toward homeowners

    • Damon (132 comments) says:

      Hey Jordan,

      Ya, it was such an unusual story that I had to share it. I knew there would be a lot of consumers out there getting a little laugh.

      Thanks for taking the time to share your thoughts.

  8. Stephen Jack (1 comments) says:

    I remembered watching “the inside job”. I don’t know what banks are up to but it for sure that they want to steal every single penny and asset we have. Good to see that attorneys start taking banks down for the sake of common people

    • Damon (132 comments) says:

      Normally I say attorneys typically just make things worse, but in this case, it was a huge benefit to have one go to the mattresses for his client.

  9. Kevin (2 comments) says:

    It’s about time someone went after “the big guys”. Too often these guys screw the little guy saying it’s their “policy”. I’m glad someone had the guts to do it!

  10. karie (1 comments) says:

    Wow, I also vote for Attorney Allen as “man of the year”. Just hoping we can find more like him who would stand up and fight for what is right.

  11. Robert S. (1 comments) says:

    Something smells like Zander here. The video doesn’t load and there is ZERO explanation here in Damon’s comments of how the bank thought or decided they had a mortgage. This site seems more like an ad site for Damon with a one minute and 49 second video tale that I’m unable to view. Seriously.. how could truth be laid out in less than 2 minutes about this???

    • Damon (132 comments) says:

      Hello Robert,
      Sorry you had trouble loading the video. Seems to load up fine for me. I was simply reporting the story that was in the news. It never went into detail about how the bank made the error but the bank did admit that it was an error.