Woman loses everything after repo company


Recommended Posts

ILikeTobacco

Why do you need a court order?? That is just adding more paperwork and time. A contract serves the same purpose, you sign it knowing exactly what will happen if you do not keep up to payments.

 

I really don't see any problem in kicking people out when they know exactly what will happen. :/

The bank should be notifying the occupants before kicking them out. Even apartments here are required to give a few days notice to allow people to get their crap out. If they don't, it goes to a storage unit and you pay the fees for the moving and unit to get your stuff back. The bank made a paper screw up but something is fishy about this repo company selling peoples items that they don't even have a right to sell.

Link to post
Share on other sites
Growled

The bank should be notifying the occupants before kicking them out. Even apartments here are required to give a few days notice to allow people to get their crap out. If they don't, it goes to a storage unit and you pay the fees for the moving and unit to get your stuff back. The bank made a paper screw up but something is fishy about this repo company selling peoples items that they don't even have a right to sell.

I would be okay with that. As long as it's done halfway right.

Link to post
Share on other sites
adrynalyne

The bank should be notifying the occupants before kicking them out. Even apartments here are required to give a few days notice to allow people to get their crap out. If they don't, it goes to a storage unit and you pay the fees for the moving and unit to get your stuff back. The bank made a paper screw up but something is fishy about this repo company selling peoples items that they don't even have a right to sell.

Here, they don't call you (well I guess they do, trying to collect).  Their notice of repossession is a slip taped on your front door.

Link to post
Share on other sites
firey

I've often wondered if what they do is legal. Do they actually have a legal right to come on someone's property and snatch stuff that doesn't belong to them because a big company pays them to do so? It seems to me the proper way is through the legal system. 

The bank owns the house.  Therefore the bank is allowed to remove whatever they want.

It is the exact same premise as.. if you buy a house.  If the owner hasn't removed all of their belongings.. they are now yours to do with as you please.

Link to post
Share on other sites
adrynalyne

The bank owns the house.  Therefore the bank is allowed to remove whatever they want.

It is the exact same premise as.. if you buy a house.  If the owner hasn't removed all of their belongings.. they are now yours to do with as you please.

Remove maybe.  Dispose of?  No.

  • Like 2
Link to post
Share on other sites
+LogicalApex

I'm sure they will be suing the bank and winning handsomly. They deserve to sue them into the ground to remind the bank to think twice about its actions. This stuff is really getting to be rediculus.

 

I don't have a problem with that they do as long as they have the right address (the bank is at fault in this case).

 

People who finance cars, boats, TVs, etc. and stop paying for them are the real scumbags. At that point the repo men are just recovering stolen property.

Borrowers defaulting isn't a scumbag issue. People default for various reasons and the costs of bearing this risk is borne when they assume the obligation. At least for Real Estate the bank has a house and land it can sell that may net a profit or a lower loss than would be possible for unsecured debt obligations like credit cards.

 

There is nothing personal about it though. People generally pay their obligations and, for some, default is their only option.

 

Repo men/women do the most disgusting and bottom of the barrel jobs a human being could do. It makes me sick they get paid to ruin peoples lives.

I'm not sure I would agree with that. They do a job, but they aren't killing people or anything close to it. They are doing an undesirable job, sure, but they aren't ruining anyone's life (except in cases like this where they are in the wrong house!)

 

So sick of hearing these stories. Banks should not be allowed to toss out someone's belongings. Yes they own the house, but not everything in it. They should be able to remove the items but they don't own them. But of course our politicians would rather litigate the smallest of things before anything that could impact innocent people's lives.

 

This is not to mention the massive scale on which stories like this are occurring. All because of not enough regulation and accountability. Just makes me sick.

As long as they go through the courts and it is a valid foreclosure I'm not sure anyone could argue they have no right to do this. If you came to my home and left your coat in the closet for a month and it smelled funny so I decided to toss it you wouldn't have recourse against me. I'm allowed to do whatever I please with my property, and that includes disgarding things that I don't want on it. A REO foreclosure is owned by the bank and they are allowed to hire anyone they want to do whatever they want to whatever is on that property.

 

The former homeowner knew well before this occurs though (except in this case...) and they can, and should, take remedial steps if they care to keep their stuff from being considered abandonded. That would mean removing it from the home prior to repossesion of the place. If they do it orderly enough the bank will usually give them a kickback (cash for keys).

Link to post
Share on other sites
neufuse

Actually they don't ruin people's lives, people ruin their own lives b taking to much credit and not paying.

Of course in this case it's different.

Over here, the police have to be involved in any repossession anyway though, and it's not really done b private companies but by a special police/customs department. Ad it's not so easy that the bank can just say "go repossess at this address" it takes a lot of time and paperwork before the police are sent on a repossession job here.

That's how it is in Pennsylvania also, you have to have the Sheriff involved... the bank doesn't just go in and throw your stuff out... the Sheriff will give you notices to evict, after so many days then the bank can "empty" the house, and by this they mean put all the stuff on the curb, not hull it away to a dump, as it's not their property, they can only move it to public property (aka the curb of the yard) and of course this is now at a point that multiple people have been to the house to leave notices... which should validate the address as correct after multiple layers of people and validations...

Link to post
Share on other sites
chrisj1968

Yes, I would ensure they were liable for the replacement of each and every single item within my property?

 

Some are irreplaceable?  Then *I* will deem their value, not you, as it's your mistake.

+1

Link to post
Share on other sites
firey

Remove maybe.  Dispose of?  No.

That would come down to personal opinion.  If someone left stuff in a house I bought.. if I couldn't chuck it at garbage day I would head down to the dump.  

Link to post
Share on other sites
adrynalyne

That would come down to personal opinion.  If someone left stuff in a house I bought.. if I couldn't chuck it at garbage day I would head down to the dump.  

No, it comes down to  the law.  Opinion or not, it is not yours to dispose of unless the contract states otherwise.

 

Purchasing a house that has things in it is a little different than repossession.

 

With a purchase, your purchase contract would protect you (assuming your real estate agent isn't a half-wit).

Link to post
Share on other sites
MikeChipshop

Why do you need a court order?? That is just adding more paperwork and time. A contract serves the same purpose, you sign it knowing exactly what will happen if you do not keep up to payments.

 

I really don't see any problem in kicking people out when they know exactly what will happen. :/

A court order is still required because property is being removed.

All 'Repo men' in this country are working for and on behalf of the crown court.

Link to post
Share on other sites
ILikeTobacco

A court order is still required because property is being removed.

All 'Repo men' in this country are working for and on behalf of the crown court.

A bit different here. The bank has every right to evict you if you break the terms of the loan contract. However, such as this case, if it is a wrongful eviction, it is illegal. The fact that the repo people destroyed all her stuff without a chance for her to get it back adds to the problem.

 

No court orders are needed because the bank is the owner and it is the owners right to evict someone. However, as the person being evicted, you do have the right to also take them to court over it.

Link to post
Share on other sites
Lord Method Man

She needs to end up owning the bank when this is over.

Link to post
Share on other sites
+warwagon

About the Mixup of address, like they said in Armageddon "check recheck and then do it all over again"

Link to post
Share on other sites
greenwizard88

I've often wondered if what they do is legal. Do they actually have a legal right to come on someone's property and snatch stuff that doesn't belong to them because a big company pays them to do so? It seems to me the proper way is through the legal system. 

If you take out a mortgage for a house, you don't own the house until every penny is paid off. If you owe the bank as much as 1?, they have the right to kick you out of your house and repo everything. For a penny.

Link to post
Share on other sites
_dandy_

Repo men/women do the most disgusting and bottom of the barrel jobs a human being could do. It makes me sick they get paid to ruin peoples lives.

 

Gotta disagree with you here.  They're hardly different than movers.  They're not the ones who make the decision to "ruin people's lives".

 

It would take a sadist, however, to enjoy that job.

Link to post
Share on other sites
Growled

If you take out a mortgage for a house, you don't own the house until every penny is paid off. If you owe the bank as much as 1?, they have the right to kick you out of your house and repo everything. For a penny.

Yes, but they could just say you owe them something when you don't. They could be lying for all we know (although everyone knows that banks don't lie :D )

Link to post
Share on other sites
This topic is now closed to further replies.
  • Recently Browsing   0 members

    No registered users viewing this page.

  • Similar Content

    • By Hum
      It’s a tough time for teachers around the country, as school districts announce layoffs to counter budget cuts. But one district has a very unusual way of deciding which teachers to let go.
       
      Local news reports that 70 positions will have to be cut in Kanawha County, West Virginia, due to budget problems. How did they choose whom to axe for the 2017-2018 school year? They asked the teachers to draw numbers from a hat, and teachers aren’t happy about it.
       
      Rebecca Rhett, a local kindergarten teacher, told local news that 34 teachers were forced to draw a number from a hat, and teachers that drew 1-24 were guaranteed their job for the next school year. “If you drew number one through 24, you get to keep your job or a job,” Rhett said. “I was already crying before I went up because I was frustrated, so when I drew the 28 I just left”.
       
      Rhett says all of the teachers there had one thing in common, their start date with the school district. Every one of them started in August of 2016. “I looked around the room and it appeared most people were very young.” Rhett said “Probably right out of college or not too far out of college.”
       
      The school district says the decision was based on seniority, and that that is a part of the district code.
       
      more
    • By Hum
      Authorities in West Virginia say that two police officers were injured Thursday in a shootout with two suspects who were transporting the bodies of an elderly North Carolina couple.

      The two Lewisburg officers pulled over an SUV around 4 p.m. Thursday on a highway outside of the city, Lt. Michael Baylous of the West Virginia State Police said in a press release. The SUV had a North Carolina license plate that showed it had been stolen. During the stop, a truck pulled over in the area.

      As the officers were conducting the stop, the driver of the truck shot at them with a handgun, wounding both officers, Baylous said. One officer returned fire, wounding the suspect in the leg.

      Baylous said the driver of the SUV fled the scene and hid but later turned himself in without incident. The driver of the truck also fled and was eventually taken into custody by the Greenbrier County Sheriff's Department, he said.

      The suspects' identities have not yet been verified but they claim to be father and son, Baylous said.

      During a search, authorities found two recently deceased bodies under a mattress in the bed of the truck, according to the news release.

      State Police did not immediately identify the victims, but North Carolina's Granville County Sheriff Brindell B. Wilkins Jr. told Raleigh TV station WRAL that the bodies were those of Jerome Faulkner, 73, and his wife, Dora Faulkner, 62.

      more & video
    • By Hum
      Health officials have temporarily shut down a southern West Virginia pizza restaurant after a district manager was caught on surveillance video urinating into a sink.

      Local media reported that the Mingo County health department ordered the Pizza Hut in Kermit, about 85 miles southwest of Charleston, to shut down.

      Pizza Hut Corp. released a statement saying it was "embarrassed" by the manager's actions. The company says it has "zero tolerance" for violations of its operating standards. The employee was fired. His name was not released.

      The video shows the manager urinating in a sink in the kitchen.

      Pizza Hut says the incident occurred after business hours.

      City health official Brett Vance says the restaurant is closed until it is thoroughly cleaned and there are reassurances of safeguards in place.

      source
    • By Hum
      A Renoir painting finished in the 1800s, loaned to a museum, reported stolen in 1951, then bought at a flea market in 2010 has to be returned to the museum, a judge ruled Friday.

      The story -- and the painting -- date back to 1879, when impressionist Pierre-Auguste Renoir painted "Paysage Bords De Seine," or "Landscape on the Banks of the Seine," which was believed to be for his mistress.

      It was later purchased by the Paris art gallery Bernheim-Jeune. Then, in 1926, Herbert L. May, a Renoir collector, bought it from the Paris gallery. In 1937, May's ex-wife, Saidie May, loaned the painting to the Baltimore Museum of Art, which reported it stolen in 1951.

      Fast-forward nearly 60 years to a flea market in West Virginia, where a Virginia woman was attracted to a nondescript box holding the painting, along with items like a Paul Bunyan doll and a plastic cow. She paid $7 for the box.

      The woman took the painting to the Potomack Company, an Auction House in Alexandria, Virginia, to ask about its value.

      A Potomack Company specialist thought it might be an original, and further investigation by the National Gallery of Art in Washington and confirmation by a Renoir expert confirmed the hunch. The painting is valued between $75,000 and $100,000.

      The whereabouts of the painting during the six decades it was missing remain unknown.

      more
    • By Hum
      It was Batman to the rescue, really, when a cat became stuck in a house fire over the weekend in West Virginia.

      Batman and his partner, Captain America, were entertaining children and veterans at an American Legion event in Milton, W. Va., Saturday afternoon when a house near the event caught on fire.

      At the site of billowing smoke coming from the house, Batman and Captain America took off right into the fire, knocked down a door and broke a window to get into the home.  They made it just a few feet into the front room before they were forced to retreat due to the smoke, but not before Batman was able to pull a cat from the home to safety, even performing CPR on the animal to save its life.

      ?When that cat woke up, it immediately started swatting and hissing at me,? Batman, otherwise known as John Buckland, told The Herald-Dispatch.  ?It had a giant bat in its face, so I couldn?t blame it.?

      Buckland, who could not be reached today by ABCNews.com, is the founder of ?Heroes 4 Higher,? a West Virginia-based company that provides superhero characters to children?s events with a message that kids can, ?Be The Hero? to their community,? according to the company?s website.

      Before taking on the role of Batman, Buckland spent nearly a decade as a firefighter in both Georgia and Iraq, the latter while working for the Department of Defense.

      The house was deemed a total loss by fire officials but no one was injured in the blaze, according to the Herald-Dispatch.

      ?I was able to talk to the owner after she got to her house,? Buckland told the newspaper. ?She was glad we were able to rescue her cat, but she said there were two more in the house. I know it was a devastating feeling for her.?

      source & video