Posted on 09/07/2012 7:25:00 AM PDT by Yashcheritsiy
The owners of a modest home near Twentynine Palms lost their cherished possessions after a bank mistakenly foreclosed their residence.
A crew broke into Alvin and Pat Tjosaas’ desert home and took everything after being directed by Wells Fargo to secure the structure.
The couple, however, didn’t have a mortgage on the home.
Alvin said the deputy sheriff said, “Good news, we know who took (your possessions)…Wells Fargo. Bad news, your stuff is all gone.”
All the married couple has now are three generations of memories.
Alvin, a retired mason, built the home with his father when he was a teenager.
“I know every inch, every rock…my mom mixed all the cement by hand,” he said.
(Excerpt) Read more at losangeles.cbslocal.com ...
/certain FReepers
</sarcasm>
Something tells me Wells Fargo is going to be paying them a very healthy settlement pretty soon...
Their vacation home wasn’t foreclosed. Contractors for the bank were given the right name and wrong address to ‘secure’ private property after a foreclosure was done on a nearby home.
The contractors trashed the family vacation spot, seizing that which might have some value, while destroying most of what was left. They didn’t think anything about the wrong name being next to the door. The property was taken, stored, and then disposed of over a few months period, before the home owners found out this happened.
The home owner is meeting with Wells Fargo and his lawyer today, and I’m still waiting for publication of this contractor, and exactly who gave the wrong address.
Wells has had a good crotch kicking due for several years.
Hope they get it good and hard.
This is a case for damages where my law school professor advised:
“Think of the biggest number you can. Then put two zeroes on the end of it.”
After my house was paid off I kept getting new demands for continued payments from new banks as the debt kept being sold.
This sounds like some of that “fundamental transformation” that Barry was telling us about.
What happened to the household goods, I didn’t see that in the story, can they not be returned? repairs made? Interior refurbished? plus a few 100k? whoever made the mistake shot anf fired?
One small detail though:
"The couple, however, didn’t have a mortgage on the home."
Seems we may have a valid claim of "reverse" theft-by-conversion soon to be going on here. Wells Fargo stands to be seriously humbled by this and the couple, susbstantially enriched.
FReegards!
I’ll neve feel sorry for a banker.
My hero, Dave Ramsey, has a saying that I have often repeated. “After an extensive study and years of research, it was found that 100% of foreclosures occur on homes with a mortgage.”
I guess I stand corrected....
Wells got the ball rolling on this.
They are liable.
Look for them to become the Democrat Poster Children for the “Use Eminient Domain to Stop Foreclosures” movement.
Wells Fargo is filthy.
Back when a tree fell on my house I called the insurance company to make a claim and discovered that Wells Fargo had been pocketing the money that I was paying through them for the insurance that was required for the mortgage.
A couple calls to my congressman over it were pretty effective and they paid for repairs plus the final couple of months of payments. However the mortgage continued to be sold down the line which was a hassle for another couple of years.
My friend almost had his house foreclosed by a company that did not have any claim to the mortgage. It took thousands of dollars an a few years to get it to stop. The collections people still call him, and he is considering filing a suit against them.
In which case they will sell the fake debt, and it will begin again.
I was thinking the same thing. This is not a civil matter. It's a criminal matter.
Before I even talked to the bank, I would have filed burglary, trespass, and vandalism charges against the contractors that stole everything.
Then, I would have filed conspiracy charges against the highest ranking officer in the bank.
THEN, we would talk.
But remember folks, people who talk about how bad the banks and banksters are are just a bunch of Ron Paul wackos...
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