With an economy going sideways, CEOs ladling on lavish pay packages and far too many still unemployed, it’s rare that a smile just explodes across my face these days from something I hear in the news.
That is until I heard of Warren Nyerges. He’s a former sheriff’s deputy who had tussled when Bank of America had tried for foreclose on his Florida home. There was only one small problem, Nyerges had paid cash for the home and owned it outright.
After two months of harassment, Nyerges was dragged into court by BoA. When the judged heard about his ordeal, he ordered BoA to pay him $2,500.
After five months the bank hadn’t paid, so Nyerges turned the tables on the bank. One morning deputies entered the building and gave a familiar spiel, pay the money you owe or prepare to lose your possessions, according to the Naples Daily News. There was a delicious irony, the person who was being ordered to pay up or lose the furniture was the bank’s branch manager.
I told you this was good stuff.
This was all witnessed by local media, Nyerges attorney, deputies, a moving company and the court’s permission to seize bank assets. Todd Allen, Nyerges’ attorney summed it all up, “I’m either leaving the building with a whole bunch of furniture or a check.”
Don’t get me wrong, this shouldn’t have been a surprise to BoA. Nyerges had talked to company officials and had even sent a certified letter to the President of the Bank. All to no avail.
You probably won’t be surprised to learn that the Florida State Attorney General’s Office opened an inquiry into the bank’s foreclosure practices. But here is the icing on the cake, the bank blamed its local counsel that it had hired.
For his panache and cojones, I salute Warren Nyerges. Not only did he get BoA off his back, but he let them feel what it was like to be on the other side of such reprehensible behavior. If only they’d been able to realize it, something good could have actually come out of this for the community at large.
But Nyerges isn’t done yet. He wants the bank to pay his attorney’s fees. He said he’d be back with the moving truck. Stay tuned…
About the Author: Bob Rosner is a best-selling author and award-winning journalist. For free job and work advice, check out the award-winning workplace911.com. Check the revised edition of his Wall Street Journal best seller, “The Boss’s Survival Guide.” If you have a question for Bob, contact him via firstname.lastname@example.org.