Moral Low Ground

Economy

Bank of America Threatens Shantell Curtis with Foreclosure Over $1 Bank Error

Bank of America threatened to foreclose upon the former home of a Utah woman and her family over a $1 bank error, even though the house had been sold months earlier.

How is this possible?

According to the Huffington Post and KUTV, when Shantell Curtis’ accountant was preparing her taxes, he noticed that she still techincally owned the Vernal, Utah home that was sold last August. To make matters even worse, her credit report indicated that she was several months behind on her mortgage payments. To add insult to injury, it turns out Curtis’ predicament can be chalked up to a $1 coding error that delayed the title transfer on the property.

“They said, oh, it’s over one dollar,” Curtis told KUTV. But instead of correcting the mistake, Bank of America spent five months promising to fix the problem but doing nothing.

“They said that they had to keep reprocessing it and this has been game we’ve been playing ever since,” Curtis told KUTV. “They just say they need to reprocess papers.”

Curtis only saw progress after she contacted “Get Gephardt,” KUTV’s consumer advocate Matt Gephardt, who called Bank of America seeking a solution. Lo and behold, the bank fixed the coding error that led to the threats against Curtis. The bank also promised to remove the negative report from her credit rating, but that could take up to three months.


Tagged , , , , , , , , , , , ,

Related Posts

One Comment

  1. David LeForgeNovember 4, 2011 at 3:32 pmReply

    We have been dealing with the same issue with BofA except we never owed a dollar we owed 0.00 and they tried to sue us for foreclosure on a home we sold almost 2 years ago. I say good luck and stay away fromw certain lawyers.

Leave a reply

Your email address will not be published. Required fields are marked *

*

Douche Du Jour
  • GOP Congressman Robert Pittenger Says Charlotte Protesters ‘Hate White People Because They’re Successful’
  • Israel Nominates Col. Eyal Karim, Who Endorsed Rape of Non-Jews to ‘Boost Troop Morale,’ for Chief Military Rabbi
  • The Hateful 8: Anti-Gay Christian Leaders Praise Orlando Massacre
  • Koch Brother’s Youth Education Program Teaches ‘Sacrificing Lives for Profits’
  • Tracy Murphree, GOP Texas Sheriff Candidate, Threatens to Beat Transgender Women Unconscious
Archives