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Bank of America in Florida Foreclosed On by Angry Homeowner. In Florida an angry homeowner whose home was wrongfully foreclosed on by Bank of America gets revenge by foreclosing on the bank’s local branch. In Georgia, in a different property dispute, a city court judge threatens to jail the local bofa branch manager for contempt of court.
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Homeowners Insurance Claim Settlement Process. If you have suffered damage to your home or personal belongings as the result of a natural disaster you likely have many unanswered questions about how the insurance settlement process works.
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Can You Beat Your Foreclosure With The Statute of Limitations? The Statute of Limitation on Foreclosures. Depending on the state you live in, the foreclosure process and your rights can vary significantly. One of the rights you have is the statute of limitations — that is, your lender must start the foreclosure within a certain time. If your lender fails to start the foreclosure in a timely manner, you can prevent the foreclosure from taking place.
Alex Pickett-More than 100 Florida homeowners claim bank of America fraudulently delayed or destroyed their applications to modify the terms of their mortgages to steal their homes and sell them at a profit.
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Foreclosure lawsuits have been filed in multiple states, alleging banks and third parties acted illegally when foreclosing on homes. In 2010, Bank of America suspended foreclosures across the US.