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America's Dumbest Banks: Bank Repos Wrong House, Destroys Contents, Then...
Forbes.com ^ | July 27th 2013 | Rick Ungar

Posted on 07/30/2013 6:50:20 PM PDT by Mad Dawgg

Full title: "America's Dumbest Banks: Bank Repos Wrong House, Destroys Contents, Then Refuses To Pay Owner's Losses"

Katie Barnett, a 36 year old nurse from McArthur, Ohio, made the mistake of taking her family on a two week trip last month, never realizing when they left home that they would return to find the family residence ransacked, emptied and, for good measure, the locks to the doors changed.

A burglary? Or maybe, as the local police theorized, the work of squatters who had taken advantage of the open domicile to have a two-week vacation of their own?

It turns out, the home invasion was far more insidious than either the Barnett family or the local crime sleuths could imagine.

You see, the Barnett family had fallen victim to one of the most dangerous, dreaded and ethically challenged genres of home invaders in the nation—bankerus moronicus piggius.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; News/Current Events; US: Ohio
KEYWORDS: bankster
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Forbes weighs in on Dumb Banksters from Wellston Ohio.

The Money Quote:

“He told me that I would probably need receipts for everything that they took and they were not paying retail,” she said. “I told him I wasn’t running a yard sale and asking them to make me an offer. I told him I don’t keep receipts around for everything I have just in case a bank comes by and steals my stuff. And if I did, where do you think it would be? With the stuff that you threw away.”

BTW she has hired a lawyer now. Good for her I say!

1 posted on 07/30/2013 6:50:20 PM PDT by Mad Dawgg
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To: Mad Dawgg

I wonder what she will name her new bank? If this happened to me no bank could afford the trauma I suffered.


2 posted on 07/30/2013 6:53:22 PM PDT by Tammy8 (~Secure the border and deport all illegals- do it now! ~ Support our Troops!~)
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To: Tammy8
"I wonder what she will name her new bank? If this happened to me no bank could afford the trauma I suffered."

If it were me I would name it the "First National Bank of Tony Thorne USED to work here but now I own it!"

3 posted on 07/30/2013 6:55:37 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Mad Dawgg

One day an idiot bank is going to try foreclose on the wrong house (again) and the homeowner is going to defend his house...


4 posted on 07/30/2013 7:02:22 PM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: Mad Dawgg

She should told him everything was gold plated and diamond studded if she let him off easy.


5 posted on 07/30/2013 7:04:53 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Mad Dawgg

I heard Glenn Beck talking about this the other day. The bank released a statement saying it was ‘negotiating’ with the homeowner, gave her attitude and then according to Glenn was smearing her in the press.

I hope she hires a battalion of lawyers and destroys that bank.


6 posted on 07/30/2013 7:07:23 PM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: 2banana
One day an idiot bank is going to try foreclose on the wrong house (again) and the homeowner is going to defend his house...

Things would get interesting really quick.

7 posted on 07/30/2013 7:09:01 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: Mad Dawgg

Hire a lawyer? This is theft! Arrest them!


8 posted on 07/30/2013 7:10:23 PM PDT by Mamzelle
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To: Mad Dawgg

If the unit wasn’t faulty, then the coordinates were. Interestingly, the GPS coordinates were probably supplied by the US Census (an invasion of privacy I regard as probably unconstitutional; the Federal government has no business knowing where I am). Yes, I know they should have checked the address, but did the taxpayer know that we were picking up the liability for census data entry errors?


9 posted on 07/30/2013 7:11:16 PM PDT by Carry_Okie (The Slave Party: advancing indentured constituency for 150 years.)
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To: OneWingedShark; 2banana
"Things would get interesting really quick."

Well in Ohio it would be fairly cut and dried.

We have "Castle Doctrine" which states someone enters your property unbidden you can keep shooting till they stop twitching then call the Cops so they can bring the toe tag and body bag.

10 posted on 07/30/2013 7:14:25 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Mamzelle
"Hire a lawyer? This is theft! Arrest them!"

The Chief of Police in McArthur "Closed the Case" once he found out that the bank was responsible. And the Chief of Police in Wellston claims no jurisdiction.

11 posted on 07/30/2013 7:16:24 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Mad Dawgg

Vinton County Prosecutor Considers Charges After Home Was Wrongly Repossessed


12 posted on 07/30/2013 7:17:57 PM PDT by A. Morgan (Ayn Rand: "You can avoid reality, but you cannot avoid the consequences of avoiding reality.")
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To: Mad Dawgg

Foreclosure entries into property generally require some police presence. If I were that homeowner, I’d start with the Sheriff and then see about state police. There’d be a lot of satisfaction in seeing the bankers cuffed.


13 posted on 07/30/2013 7:21:17 PM PDT by Mamzelle
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To: Mamzelle

Absolutely. Press grand theft charges against every employee involved, drop charges for no less than $10M. They say “negotiate”, you walk out.


14 posted on 07/30/2013 7:21:50 PM PDT by ctdonath2 (Making good people helpless doesn't make bad people harmless.)
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To: A. Morgan
"Vinton County Prosecutor Considers Charges After Home Was Wrongly Repossessed"

Yeah that was ten days ago and still nothing about it locally.

Knowing the local situation which is the very definition of cronyism and corruption, nothing will happen.

15 posted on 07/30/2013 7:21:51 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Mad Dawgg

Man I hope that bank is stupid enough to take this to a jury, she’ll end up owning the bank!


16 posted on 07/30/2013 7:24:13 PM PDT by trapped_in_LA
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To: Mad Dawgg

http://www.10tv.com/content/stories/2013/07/30/mcarthur-vinton-county-prosecutor-considers-charges-after-home-was-wrongly-repossessed.html


17 posted on 07/30/2013 7:27:21 PM PDT by A. Morgan (Ayn Rand: "You can avoid reality, but you cannot avoid the consequences of avoiding reality.")
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To: Mad Dawgg

I hope they have some women on the bank board, cause this woman is gonna have someone by the b***s. She’s not running a yardsale. LOL Wellston better quit while ahead.


18 posted on 07/30/2013 7:29:02 PM PDT by healy61
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To: Mad Dawgg
Well in Ohio it would be fairly cut and dried.
We have "Castle Doctrine" which states someone enters your property unbidden you can keep shooting till they stop twitching then call the Cops so they can bring the toe tag and body bag.

Now imagine the bank-employees getting upset and calling the police, alleging that your home is their property.
There's a lot of ways that could go down.

19 posted on 07/30/2013 7:30:29 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: Carry_Okie

You type in the address and the GPS takes you close. My Tom Tom gets me usually within four or five houses.


20 posted on 07/30/2013 7:31:49 PM PDT by Sawdring
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