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Bank gits rekt

 

After 6 months or so in court Bank of America refuse to settle on a wrongful foreclosure of a home they did not have any right to foreclose on. The judge grants an asset seizure warrant against the bank. Cops remove desks chairs computers and even ******* money from the tills.
Sweet goddamn ******* justice.
www.youtube.com/watch?v=fwj3QYcba5Y


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Views: 46646
Favorited: 171
Submitted: 08/16/2015
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106 comments displayed.
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+205
#12 - geraltofmeowia (08/16/2015) [-]
That homeowner deserves a reward
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0
#140 to #12 - anon (08/17/2015) [-]
as much as i like this story, a lot of the times it's the other way around. ppl that can't pay their debts get movers showing up at their door to foreclose their home. they then try to beat/fight the movers that are just doing their jobs. its a sad situation for everyone involved.
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+14
User avatar #49 to #13 - StickyTissueLoLz (08/17/2015) [-]
"200% Justice" works too
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+23
#120 to #49 - sonatadusk (08/17/2015) [-]
Best I can do.
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+1
#101 to #49 - rollfourexplain (08/17/2015) [-]
**rollfourexplain used "*roll 1, 0000-9999*"**
**rollfourexplain rolls 8,536**

I agree with you but something specific for the context is just that much better.
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+327
#1 - skelebones ONLINE (08/16/2015) [-]
how the **** did the bank not know their own ******* attorney went out of business?
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0
#146 to #1 - anon (08/17/2015) [-]
y u block me?
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+1
#149 to #146 - muhbigdongus [OP](08/17/2015) [-]
Yes i love when ppl ask this question as anon and dont list their username
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0
#153 to #149 - skelebones ONLINE (08/18/2015) [-]
AGREED. **** it pisses me off
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+28
#5 to #1 - anon (08/16/2015) [-]
They are so large, they loose the papers for mortgages.
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+106
#4 to #1 - muhbigdongus [OP](08/16/2015) [-]
its bank of america... theyre as retarded as all the banks in greece
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+23
User avatar #7 to #4 - Brass (08/16/2015) [-]
Agreed, growing up my parents had Bank of America for a few years, but they kept "accidentally" charging my parents for transactions they did not even commit. They would always retract the charge when I dad called, but when it was happening every month my parents said " **** 'em" and moved to Wachovia, but they were even worse about those putting in secret charges and taking out money secretly from my parents' account to pay for the fees.

Morale of the story always go with a credit union or local/regional bank, unless you travel a lot or have over a certain income. They are way friendlier and in my experience never try to screw you over monetarily.
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+10
#8 to #7 - drewjitsu (08/16/2015) [-]
Agreed. Wachovia tried to screw me so frequently I thought we were dating. Switched to a credit union and no more issues.
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+5
User avatar #48 to #7 - saltyfries (08/17/2015) [-]
I've been with a Credit Union since I started an account, they've been awesome, good customer service, AND if you have at least $100 in your savings, you can get dividends, it ain't much but it's something.
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+1
User avatar #51 to #7 - hoponthefeelstrain ONLINE (08/17/2015) [-]
my mom had citi bank for me, my 16th birthday present was a shopping spree in nyc, she got me my first debit card and she put 300 on it, but by the time I went to use it we owed them 60 because my mom had the account for 3-6 months and they were taking money out for various fees.
Go with a credit union if you can, I have money with them and they pay me interest for using them. Not much, just 6-18 cents a month.
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-6
#90 to #51 - skebaba (08/17/2015) [-]
Only in America. This would never happen in a first world country, since the government will take care of that not happening.
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0
User avatar #22 to #7 - Spitfirex (08/16/2015) [-]
never had a problem with PNC.
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0
#142 to #7 - Killasoup (08/17/2015) [-]
For all military or military affiliated peoples, you cannot beat USAA. They have helped us out so much it's not even funny. Upside down on my truck? Fixed. Can't meet your minimums due to losing your job? Fixed. Need affordable insurance that is actually accepted by doctors? Done.
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0
User avatar #103 to #4 - indalx (08/17/2015) [-]
Greek banks never forget to collect,i can guarantee you that
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+43
#85 to #1 - ainise (08/17/2015) [-]
We stayed in a house for 2 years without paying a dime because the bank forgot about us. Not even kidding. When the housing market crashed, ANYONE who simply hired a lawyer to show up for 20 minutes in court was ignored. Entirely. They had no interest in settling in court, lol.

Ultimately they lost all information on our house, and were one of three banks claiming to own our property. All three banks were...Bank of America. None of them produced proof. Was a fun time, lol.
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0
User avatar #139 to #85 - bigmanfifty (08/17/2015) [-]
Well... what happened next?

More information needed!
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+5
#141 to #139 - ainise (08/17/2015) [-]
We ended up selling back the house to the bank, as it had a mold issue and we have 2 sick people living with us. We used the money to pay for a new home.

It was a really, really strange turn of events. We came out of an upside down mortgage with over $20,000, because we had a damn good lawyer and they lost the paper work. That house had negative value when we let it go. But they were dealing with something like 2000 house foreclosures at the time, so they just rubber stamped it. Fun times.
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+78
#6 - bakinboy ONLINE (08/16/2015) [-]
ROCK HARD JUSTICE
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-14
#67 to #6 - kannonball (08/17/2015) [-]
Comment Picture
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+9
#78 to #76 - kannonball (08/17/2015) [-]
**kannonball used "*roll picture*"**
**kannonball rolled image** Hush you!
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+5
#80 to #78 - imashitbricks (08/17/2015) [-]
I'm assuming you posted some gif. But I'll never know thanks to the hide all feature.
I'm assuming you posted some gif. But I'll never know thanks to the hide all feature.
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-2
#81 to #80 - kannonball (08/17/2015) [-]
**kannonball used "*roll picture*"**
**kannonball rolled image** I'll keep it up...eventually...you'll succumb. To my love.
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0
User avatar #83 to #81 - butterduck (08/17/2015) [-]
Please stop. I don't know if you're actually trying or not.
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+1
#86 to #83 - kannonball (08/17/2015) [-]
**kannonball used "*roll picture*"**
**kannonball rolled image** I don't tell you what to do. You don't tell me.
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0
User avatar #87 to #86 - butterduck (08/17/2015) [-]
;adsf
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+1
#88 to #87 - kannonball (08/17/2015) [-]
**kannonball used "*roll picture*"**
**kannonball rolled image** ily
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0
User avatar #134 to #78 - thesteenge (08/17/2015) [-]
That's actually a pretty sweet roll
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0
#122 to #78 - imgood ONLINE (08/17/2015) [-]
U may be a troll but that roll is ******* legendary
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0
#145 to #122 - kannonball (08/17/2015) [-]
Thanks mayne.
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+6
#9 to #6 - anon (08/16/2015) [-]
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+99
#34 - lulzdealer ONLINE (08/16/2015) [-]
**** banks.

**** Indians too.

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-21
#65 to #34 - kannonball (08/17/2015) [-]
Comment Picture
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+6
User avatar #96 to #65 - assassindash (08/17/2015) [-]
This reminds me of a dream when I was a chipmunk in the woods....

It was.... An experience....
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+1
User avatar #135 to #34 - friedgreenpomatoes ONLINE (08/17/2015) [-]
Andrew Jackson, aka that one time we elected a literal supervillain. Twice.
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+2
#99 to #34 - anon (08/17/2015) [-]
As a civil engineer Indians really get under my ******* skin.

They are everywhere in this industry, and struggle to find jobs here in Australia because their accent is an absolute butchery of the English language and their qualifications are piss weak in the corporate world. Their Engineering degree = 6-12 months of work where they learn the basics and skim over very important details. Engineering degree at a Bachelors level in Australia = minimum 4 years of study + an original thesis.

The majority of Indians in our industry are what we call a scourge upon the world's collective movement toward improving our efficiency, problem solving and growth in the industry.

TL;DR I'm racist.
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+2
User avatar #133 to #99 - friedgreenpomatoes ONLINE (08/17/2015) [-]
I think you and lulzdealer are thinking of different kinds of Indians.
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0
User avatar #125 to #99 - TheBigGummyBear ONLINE (08/17/2015) [-]
I'm a civ student myself in Australia, I noticed most of my lecturers and tutors are Indian.

Are they really that bad?
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+6
#44 to #34 - satchamo (08/17/2015) [-]
you can go ahead and try but we've got casinos so we happy
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+27
#11 - AnomynousUser ONLINE (08/16/2015) [-]
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+1
User avatar #77 to #66 - dorfdorfdorf (08/17/2015) [-]
but why
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0
#79 to #77 - kannonball (08/17/2015) [-]
**kannonball used "*roll picture*"**
**kannonball rolled image** Keeping up the torment.
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0
User avatar #126 to #79 - doggydoodooo (08/17/2015) [-]
I dunno about other people (Actually, I do. Other ppl hate you), but I find you entertaining as fk.

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0
#144 to #126 - kannonball (08/17/2015) [-]
Its my job.
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+11
#45 - VongolaX (08/17/2015) [-]
**VongolaX used "*roll picture*"**
**VongolaX rolled image** shoulda seezed the atms
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+3
User avatar #43 - thatdrummerguy (08/17/2015) [-]
>collier county
holy **** some crazy **** happened back at home
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+1
User avatar #50 to #43 - scotlandhome (08/17/2015) [-]
Naples mentioned, swell with; old people, expensive everything, and Mexican gangbangers
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0
User avatar #55 to #50 - thatdrummerguy (08/17/2015) [-]
muh retirement community and wannabe gangsters from the Manor by Lely hs
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0
User avatar #59 to #55 - scotlandhome (08/17/2015) [-]
Nah, Was down at El Rincon on 41, thanksgiving day a few years ago. Saw some banger walk in, black eye. About 5 minutes later, slick Altima rolls up, two guys, both huge beaners. One was in all white, one in all black. The banger walks back out, starts arguing, leads to pushing. All three start reaching behind their backs, I'm about 10' away, inside, about to drop my fork n **** to duck and trying to get my dad away from the window. The owners runs out and starts counting twenties and probably handed the two in the Altima about $1000. They left. The next day the PD arrested like 20 people in some big ass parking lot brawl.
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+2
#119 - tehtrollface (08/17/2015) [-]
**tehtrollface used "*roll picture*"**
**tehtrollface rolled image** Get Shrekt.
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+2
#110 - alpako (08/17/2015) [-]
Bank of America got served
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0
#95 - akjunker (08/17/2015) [-]
Now, I am confused.. How did they pay for the house? Cash? If only they mentioned the method of payment, then I would understand this story better.
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+1
#98 to #95 - vividfiasco (08/17/2015) [-]
What I'm assuming is they paid for the entire house in cash, no need to mortage or borrow money from the bank.

Somewhere along the line, the bank ****** up and foreclosed on their home without any reason. So the homeowner counter sued for them to pay their legal fees for taking their **** up to court and winning. Bank doesn't reply back and so they lose their office **** .
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0
User avatar #105 to #98 - rejiewednamor ONLINE (08/17/2015) [-]
Idk man, they foreclosed the house so they had to have a morgage right?
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+1
#106 to #105 - vividfiasco (08/17/2015) [-]
That's where the bank ****** up there was no mortage and the owners sued the bank to pay for their legal fees for a case that shouldn't have happened in the first place.
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+2
User avatar #102 to #95 - grimsho (08/17/2015) [-]
It says they paid with cash like 5 times in the first minute of the video.
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-2
#63 - kannonball (08/17/2015) [-]
Comment Picture
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+1
#68 to #63 - muhbigdongus [OP](08/17/2015) [-]
not sure why youre spamming that... are you ok? or are you having an autism meltdown?
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-2
#69 to #68 - kannonball (08/17/2015) [-]
Meltdown
Meltdown
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+2
#70 to #69 - muhbigdongus [OP](08/17/2015) [-]
why? did someone steal your tendies?
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-2
#71 to #70 - kannonball (08/17/2015) [-]
Too hard
Too hard
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+1
#94 to #92 - kannonball (08/17/2015) [-]
I'LL NEVER LET GO!
I'LL NEVER LET GO!
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+2
User avatar #97 - alltimetens (08/17/2015) [-]
I'm all for banning big banks. Anyone who disagrees is either working for a big bank or an idiot.
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0
#148 to #97 - anon (08/17/2015) [-]
big banks fund big projects
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+1
#113 to #97 - darkplayer (08/17/2015) [-]
I'm going to have to disagree with you, what if your bank goes bankrupt? How do you propose a bankrupted, bank pay you back?
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+1
User avatar #121 to #97 - thelastamerican (08/17/2015) [-]
Good bait man. Good bait. Almost got me.
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User avatar #150 to #121 - alltimetens (08/17/2015) [-]
Banks are ruining people's lives. They are too big too fail. They are too big to exist.
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User avatar #151 to #150 - thelastamerican (08/18/2015) [-]
Oh **** , you're serious?
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User avatar #152 to #151 - alltimetens (08/18/2015) [-]
Again. You're either an idiot or you work for a bank. Which is it?
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0
User avatar #154 to #152 - thelastamerican (08/18/2015) [-]
I'm assuming you actually believe that too big to fail crap, so maybe you should be evaluating who the idiot really is.
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0
User avatar #155 to #154 - alltimetens (08/18/2015) [-]
You're clearly an idiot if you think JP Morgan Chase or any of the other 9 major banks, who already control 25 trillion dollars in assets, are gonna fail anytime soon.

You're naive.
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User avatar #156 to #155 - thelastamerican (08/19/2015) [-]
If they have so much money, how is it that they're in danger of failing?
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User avatar #157 to #156 - alltimetens (08/19/2015) [-]
That's the point. They have so much money that they are too big to fail.
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User avatar #158 to #157 - thelastamerican (08/19/2015) [-]
So you're mad at them for being successful then? Usually when people are talking about too big to fail they're talking about companies that are titanic and on the verge of collapsing. Like what happened with the car industry a couple years ago. Instead of letting the company fail the government stepped in and held it up.

What you're talking about is, "businesses that are so successful they won't fail." witch is a totally different thing than, "Too big to fail."
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0
User avatar #159 to #158 - alltimetens (08/19/2015) [-]
Yes. Because we all know that banks are honest.

When we say "too big to fail" it means that there is literally no competition/risk for that company. It means that the company has gotten so powerful and so wealthy that no matter what it does, it will never fail.
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0
User avatar #160 to #159 - thelastamerican (08/19/2015) [-]
I'm sorry, wait. You're mad because banks aren't honest? About what? When was the last time a bank lied to you?

You said yourself that there are 9 banks that are in charge of an assload of money. They are in competition with each other. Companies that have been powerful in the past are non-existent today, or shadows of their former size. Let's take for example, the Bell Telephone Company. The government stepped in and ended their monopoly of the telecom industry by splitting it into smaller companies that began competing with each other for customers. Let's look at Carnegie steel. It still exists, but it's nowhere nearly as prolific as it once was. EVERYTHING comes to an end eventually. Governments, people, companies, and yes, even banks.
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User avatar #161 to #160 - alltimetens (08/19/2015) [-]
No, they really aren't. The top 10 banks operate in different areas. They realize that it's more profitable to designate areas of service as opposed to direct competition.

Technology companies don't compare with banks. Technology changes and advances. There is no way to "advance" our current forms of banking. Banks have stayed largely the same for decades, if not, centuries.

There is no honesty in being a banker. You are not reaping what you are sowing. Please explain how JP Morgan Chase earns billions of dollars in profit.
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0
User avatar #162 to #161 - thelastamerican (08/19/2015) [-]
Well, they make money in one of several ways. When you store your physical money in their banks they take that money and they lend it to other people and expect those people to pay the money back AND a certain amount over what they lent them.

Another way that banks make money is to have savings accounts that are linked to mutual funds, and charging a fee for it. You get the stability of their mutual funds, and they get paid for having such a large network of investors.

Another way they make money is by having investments of their own. They take money that they make from lending your money, and the money from their mutual fund administration and they buy their own stocks. (Witch is what a mutual fund is by the way) With this money they do the same thing over and over and over again. Once you've been around for as long as these banks have you're making so many investments per hour that the money you make is absolutely staggering.

The way banks make money isn't a secret. You really shouldn't need me to explain it to you. Besides, you're the self proclaimed expert on the subject.
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0
User avatar #163 to #162 - alltimetens (08/19/2015) [-]
I know how banks make money. It was a rhetorical question.

Banks used to have standard interest rates that build off of the original borrowed amount. Nowadays, they have exponential interest rates. That's the problem.
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0
User avatar #164 to #163 - thelastamerican (08/19/2015) [-]
Are you talking about compound interest? That's a totally legitimate form of interest though. A CD is a compound interest account and it's the second most secure investment a person can make. Why would I bother with having a savings account that pays standard intrest of .1%, when I can have a CD that pays compound intrest at .5%? That makes no sense. Why bother with a CD that pays compound at 5% when I could have a low risk mutual fund that is compound at 6% average over the last 10 years?

Now, it looks like you want to make the argument that banks shouldn't be allowed to use compound interest when offering loans, and my question to you is "Why not?" I'm allowed to reap the benefits of compound interest for myself, but the bank isn't? How does that work?

Besides that, the government requires by law that a bank explain in no uncertain terms what kind of loan you're about to take out. That was covered for you way back in 1968 with the truth in lending act that required banks provide details of the loan when offering it. That means, they have to tell you weather the loan will be compounded annually, monthly, daily, or only once during the life of the loan. So, if you take out a loan for $10,000 they have to provide you with information pertaining to that loan. What you do with that information is up to you. No one forces you to take the loan.
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User avatar #165 to #164 - alltimetens (08/19/2015) [-]
Compound interest is nearly impossible to escape out of after a certain period of time. You don't understand that banks are becoming a necessity. No. They ARE a necessity.

In order to pay your bills, you NEED an account.

Simple interest is totally fair. The bank has to make money, I get it. But the money that banks make from compound interest is not only ridiculously high (it can actually be higher than the initial amount loaned) but it's fraudulent, because it's FREE money.

At the same time, if a bank decides to default on the amount that you deposited, who pays the up-to 100 thousand dollars in insurance?

WE do. Taxpayers are covering that money. Which means that we are insuring our own money whilst banks extort us.
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0
User avatar #166 to #165 - thelastamerican (08/20/2015) [-]
Wow. This is incredible. No one forces you to take out a loan, and no one forces you to agree to the terms of a loan. If the only loan terms you can get are terms where compound interest are being considered you might want to take a step back and consider weather or not you want that money to begin with.

In order to pay bills you don't NEED an account, you can still pay in cash if you really want to, and having an account and having a loan are two entirely different things. What's wrong with having an account?

Both kinds of interest are free money. They are terms that you agree to. Once again, no one forces you to agree to the terms of a loan that involves compound interest.

Another thing, that's not how federally insured money works. FDIC covers certain accounts, like savings, money market, CD, and so on and so on. Banks don't just randomly default on accounts, or people would stop using that bank. FDIC doesn't cover loans. It never has. If a bank makes a loan and you just don't pay them back they're out money. FDIC doesn't step in and pay it.

We do fund the FDIC program, and it insures up to 250,000 per account, (and sometimes more depending on what kind of account it is) and honestly, if you can provide 10 instances of banks defaulting on accounts for no reason in the last year I'll be amazed.
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+1
User avatar #167 to #166 - alltimetens (08/20/2015) [-]
You know what. As much as I hate banks. You make compelling arguments. I'll accept defeat here.
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0
User avatar #168 to #167 - thelastamerican (08/20/2015) [-]
Wow. I don't think I've ever had an argument end like this.
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+1
User avatar #138 - kommandantvideo (08/17/2015) [-]
"symptom of a larger problem"

capitalism would be that problem, sir.
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0
#147 to #138 - anon (08/17/2015) [-]
the ******* running BoA are the problem
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+1
#136 - perturabo (08/17/2015) [-]
**perturabo used "*roll picture*"**
**perturabo rolled image**
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+1
User avatar #132 - turbodoosh ONLINE (08/17/2015) [-]
Bank of America sucks balls. They did something similar with my brother as he was buying his first home, where on the day he was closing they ****** up his wife's info and refused to give out the money for the loan. Apparently they had another customer with the same name as her who owed about 20k that they never bothered to collect.
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0
#112 - xthexsamxmanx (08/17/2015) [-]
Anyone else notice the same car passing behind the reporter over and over again?
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0
#114 to #112 - darkplayer (08/17/2015) [-]
Not even close to the same car, color is off on the first car, and the last car has a strip under the side windows as where the middle car does not. Attention to detail homie.
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-1
#115 to #114 - xthexsamxmanx (08/17/2015) [-]
That's why no one else noticed it....
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+1
#116 to #115 - darkplayer (08/17/2015) [-]
Eggsactly.
Eggsactly.
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+1
#100 - ironsoul (08/17/2015) [-]
JUSTICE
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+1
User avatar #42 - bubbabrent (08/17/2015) [-]
Bank of America are crooks! Altura all the way
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0
#84 - butterduck (08/17/2015) [-]
**butterduck used "*roll picture*"**
**butterduck rolled image**
IknowexactlywhyIhavethisboner.gif
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0
#91 to #84 - keligus (08/17/2015) [-]
well rolled
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