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Old 06-05-2011, 02:17 AM
 
Location: Tricity, PL
61,729 posts, read 87,147,355 times
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Indeed! This is great news. I hope that more homeowners will start to fight back.
Tables Turn: Deputies and movers show up at bank to seize property for homeowner
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Old 06-05-2011, 02:15 PM
 
Location: in a pond with the other human scum
2,361 posts, read 2,538,277 times
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Quote:
Originally Posted by gvillager View Post
If I were the couple and lawyer I wouldn't have just accepted the check. I would have followed through and removed all the furniture, computers, and cash and told the bank they need to submit a formal request to the judge to get their stuff back.
That sounds great, but it's not an option. Strictly speaking, the home owners weren't foreclosing on a mortgage, but executing on a judgment. When a judgment debtor doesn't pay a judgment, then (and as a rule, only then) the judgment creditor can send law enforcement people out there to, literally, execute the judgment, by starting to haul stuff away. Then when the judgment debtor comes up with the money, the execution stops.
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