Case in point: A Florida couple who paid cash for their home, and never took out a mortgage. Despite this, bank of America began foreclosure proceedings. The court found this ridiculous, and demanded that the bank pay the couples' legal fees.
Which the bank, being a sleazy bunch of creeps, didn't do.
Until, five months later, the couple's attorney showed up at the bank branch with some moving trucks. And some marshals. And a warrant, authorizing him to seize furniture, computers, filing cabinets and ... cash. From a bank.
Bank of America paid up within the hour.
Gawker has the story here. And we have learned a couple of important lessons: (1) hide your cash in the mattress; and (2) if you're in trouble with the Bank of America, call Todd Allen, attorney-at-law.