Saturday, June 04, 2011

Massachusetts Man Receives BofA Foreclosure Notice Accusing Him Of Stiffing Lender Out Of 'Zero Dollars & Zero Cents'

In Northampton, Massachusetts, WWLP-TV Channel 22 reports:
  • A man from Northampton got a letter from his bank stating his house would be foreclosed on if he didn't pay them a total of zero dollars and zero cents. Not wanting to lose his home, he called the 22News I-team to get some answers. We did some digging, and found out that a glitch in the bank's electronic system caused the error.(1)

For more, see 22News I-Team: $0 Foreclosure Notice (A bank error almost cost one man his home).

For Bank of America's foreclosure notice demanding the unpaid $0, see Notice of Intention to Foreclose.

(1) Reportedly, the consumer requested payment for expenses incurred fixing the matter and was told he would receive compensation. That never came, but the homeowner has noted that Bank of America has sent him a form letter requesting he sign up for their paid credit watch report service.