Fla. Homeowner Forecloses on Bank of America

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Turnabout was fair play for a couple in Collier County, Fla., who recently decided to foreclose on Bank of America.
Five months ago, the bank filed foreclosure papers on the home of Warren and Maureen Nyerges, despite that fact that they had already paid for their home in full with cash.

The couple never even had a mortgage payment, according to according to CBS affiliate WINK-TV in Ft. Myers.

Following a court hearing, Bank of America was ordered to pay the couple's legal fees. The money never came, so the couple's attorney, Todd Allen, had the bank's assets seized.

"I instructed the deputy to go in and take desks, computers, copiers, and filing cabinets, including cash in the drawers," Allen said.

After being locked down for an hour, the bank manager wrote a check for the home-owners' legal fees.

"Having two aheriff's deputies sitting across your desk, and a lawyer standing behind them, demanding whatever assets are in the bank can be intimidating," Allen said.

"But, so is having your home foreclosed on when it wasn't right," he added.

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