Bank of America stole this guy's Challenger!

[defiance]

Honestly not being facetious or sarcastic, this is nasty stuff...
http://www.telegram.com/article/20120621/NEWS/106219803/1116

[charger_fan_4ever]

 

WOW

[Todd Wilson]

Thats no surprise. That company does what they want when they want to do it.    I read an article a year ago or that B of A  foreclosed on a house  and the house was owned out right by the owners living there. Been paid off for years and the original mortgage wasnt even with B of A.   After a lot of court stuff they won and got things taken care of and B of A was supposed to pay them for all the legal bills.  They didnt...........and there was more court stuff. Finally they had a judgement and they still wouldnt pay and after more court stuff   the people and the sherrif went to the local B of A branch and was about to seize all property in the bank.   Several minutes later a check was written and all was well...............


Todd

[Old Moparz]

You know, if the poor banks didn't have so many of those overly strict regulations to deal with that put a huge burden on their overstressed & underpaid CEO's, minor oversights like this would probably never happen. I hope the winterizing contractor doesn't try to pass the added cost for the towing & storage of the Challenger onto the bank, the car's owner should have to pay that & also make a public apology to the bank, the winterizing contractor, the police department & the funeral home that buried his Mother last year.

[nh_mopar_fan]

I'm not defending the bank but it sounds like the contractor or someone working for the contractor saw the car and came back later and grabbed it.

But, the stonewalling is 100% on BofA.

[Old Moparz]

I'm not defending the bank but it sounds like the contractor or someone working for the contractor saw the car and came back later and grabbed it.

But, the stonewalling is 100% on BofA.

You're probably right about the contractor, there were a handful of dirtbags on Moparts several years back trying to figure out a way to "legally acquire" a car they came across. Some were joking, but some weren't & I think the thread got heated & locked. The car was in a garage somewhere in NJ if I recall, & they said the house was a rundown crackhouse or something. They were claiming that the car should be saved so it wasn't impounded & crushed.

You wouldn't believe the way the thread went with so many people saying things like, "Just bring a trailer & take the car, worry about papers later."

Or, "You can file a lien on it & get a title."

Or, "Use a place out of state like Broadway Title to get it in your name."

And, "Just rescue the poor car in case the owner can't."

(Like it was some kind of mistreated kid or pet.  )

There's an endless supply of scumbags out there so it won't surprise me if the contractor, or an employee of his, did it. I hope the guy who owned the car had insurance, had papers for it in his own name, not his mother's, & gets his car back.

[jobbless]

Creepy.

[charger_fan_4ever]

Best alarm is smith & wesson

[Rolling_Thunder]

Hmmm   I have B of A and have never had a problem...      still sucks for that guy

[myk]

Wasn't there a post about that Challenger being stolen on this board some time ago?  In any case, I can't see why B of A would need to hinder any efforts to find this car?  This could be even more bad press for them.  Additionally, I realize that it's common tendency to sit there and do nothing but shame on the neighbor for not even questioning the people towing the car away.  I saw someone doing that to my neighbor's car and I asked them to tell me what the f**k was going on; turns out it was a 'repo job...

[Robert96]

 Wow, I didn't know how lucky I was at the time but my 70 Super Bee was being stored in an old womans garage and she died. I showed up to take the car out for a drive one Saturday and there were a bunch of people standing around the house. I asked what was going on and they said Mrs. Riley died. They were there to clean out the house and they had no idea who owned the car. I said it was mine and had come to take it out for a drive. They said PROVE IT ! I quickly ran back home and got the title and stuff and ran back to show them. They finally agreed and I drove the Bee home. That could have become pretty ugly if I hadn't by chance stopped by that particular Saturday. Wow!

[Fred]

OMG!  A happy ending.  I don't even want to think of all the things that could have gone wrong.

[myk]

Wow, I didn't know how lucky I was at the time but my 70 Super Bee was being stored in an old womans garage and she died. I showed up to take the car out for a drive one Saturday and there were a bunch of people standing around the house. I asked what was going on and they said Mrs. Riley died. They were there to clean out the house and they had no idea who owned the car. I said it was mine and had come to take it out for a drive. They said PROVE IT ! I quickly ran back home and got the title and stuff and ran back to show them. They finally agreed and I drove the Bee home. That could have become pretty ugly if I hadn't by chance stopped by that particular Saturday. Wow!

WTF man?!  I don't know if I want to rent out a garage for parking anymore...

[Steve P.]

Same thing happened down here a few months ago with the same bank in pretty much the same story. Only it was a cousin and a boat.. The yard had 5 foot LOCKED chain link fence and the bank cut the lock. They even dragged the boat trailer on 3 wheels... Neighbors called the cops and before the cops got there the truck was gone with the boat. It turns out the people that owned the house were on vacation for a few weeks and the bank sent the clean out people to the correct numbered house, but it was AVENUE, not STREET... WRONG HOUSE..   

[Fred]

Wow, I didn't know how lucky I was at the time but my 70 Super Bee was being stored in an old womans garage and she died. I showed up to take the car out for a drive one Saturday and there were a bunch of people standing around the house. I asked what was going on and they said Mrs. Riley died. They were there to clean out the house and they had no idea who owned the car. I said it was mine and had come to take it out for a drive. They said PROVE IT ! I quickly ran back home and got the title and stuff and ran back to show them. They finally agreed and I drove the Bee home. That could have become pretty ugly if I hadn't by chance stopped by that particular Saturday. Wow!

WTF man?!  I don't know if I want to rent out a garage for parking anymore...

No, you better buy a house. And make sure it has a yard big enough to house a 10 car garage for future projects 

[LaOtto70Charger]

So they can send people out to steal property with no repercussions, but they give a man 1.5 million and he's a thief.  That makes sense.

[Cooter]

1. NEVER park your pride and joy at someone else's house...NEVER works out in your favor.


2. ALways make sure you live beside a cool, yet nosey as hell neighbor. This way, your sure to get a play by play of the days events whther something happened or not. You will know when the guy across the street takes a whizz.

[wingcar]

I will NEVER do business with Bank of America....had dealings with them in the past....they really don't care much about their customers no matter what they say................Been that way for years. 
(I closed an account with them and they still had it on their books as being opened...three years later....I made so many calls to clear up the issue that I lost count....finally got it taken care of......anyone that does business with them has to be crazy.....*just my two cents)

[Ghoste]

1. NEVER park your pride and joy at someone else's house...NEVER works out in your favor.

Words to live by. 

[defiance]

I will NEVER do business with Bank of America....had dealings with them in the past....they really don't care much about their customers no matter what they say................Been that way for years. 
(I closed an account with them and they still had it on their books as being opened...three years later....I made so many calls to clear up the issue that I lost count....finally got it taken care of......anyone that does business with them has to be crazy.....*just my two cents)

The unfortunate reality in the U.S. is that if you have a mortgage you may not have a choice.  Your lender can, at any time, with no approval from you, sell your loan to BoA.  Should that happen, the only way to get away from them is to pay it off or refi (with the associated thousands worth of fees)... and if you refi, the new lender can then turn around and sell to BoA.

[4cruzin]

I sell foreclosed homes for Bank of America and they actually are one of the better for following procedure.  I have to bet that it was the contractor who is to blame and not the bank.  There would also be a real estate agent involved who had reported the home vacant when it really was not.  If I go to a home and there is a car in the garage, that home is occupied and no initial services would happen.  The only one who can remove the stuff is the sheriff . . . at least here in Michigan.  All states do have their own rules when it comes to foreclosure procedure.    Sad story though . . . . 

[ACUDANUT]

1. NEVER park your pride and joy at someone else's house...NEVER works out in your favor.

Words to live by. 

Amen.

[mauve66]

linky no worky for me

[GOTWING]

a good friend of mine Mike was storing his late 80's mustang drag car at someones house behind their barn while he was going through a divorce, he even titled the car is a friends name to keep her mits away from it. He finally goes to retrieve it and it's gone! His buddy said that the people that picked it up said that Mike the owner sent them to pick it up for him, the car was gone for EIGHT months before Mike went to go and get it. He called the police, nothing ever came of the car being found.

[myk]

That settles it.  My car's staying right in front of my apartment.  I'd rather let it rust again or have it stolen out of my own driveway than to leave it's fate to some jerk-off that I don't even know and then find out about it weeks after the fact...

[68blue]

This sounds like local mob stuff as neither the cops or the bank are interested in helping solve the mystery. His only recourse now is to sue BOA for the info. The car is long gone.

[aussiemuscle]

the car is long gone.

my guess too. the contractors saw it and helped himself. i don't know why the bank is protecting them tho (maybe the bank is liable).?

[Brightyellow69rtse]

my dad showed me that in the paper over the weekend. boa is the worst damn company ever! their usually at the top of the top 100 most hated companies list.

[1BAD68]

Most likely the car is in storage/hiding right now.
The 'companies' banks hire to do the clean up of the houses are just local people usually doing this as a second income.
So chances are good if the guy were to get enough attention, maybe through the local news channel, someone may have a tip that would lead to the whereabouts of the car.

[1974dodgecharger]

Most likely the car is in storage/hiding right now.
The 'companies' banks hire to do the clean up of the houses are just local people usually doing this as a second income.
So chances are good if the guy were to get enough attention, maybe through the local news channel, someone may have a tip that would lead to the whereabouts of the car.

im gonna be a negative nanay and say a 'chally' in storage from some contractors.....

[Sendero]

The mortgage fraud issue runs very deep. Robo signing, by-passing county fees, advertising a mortgage as performing when it was not, MERS as a front company to major banks, banks claiming interest in a property during foreclosure when they have no interest, submitting fraudulent documents to the court in foreclosure cases.  The issue here is the big banks can commit fraud on a large scale to make hundreds of millions but a small community bank that did the same would be closed and its directors brought up on serious fraud charges. In contrast, the big banks simply negotiate a "fee" to pay the Federal government to stop further legal actions. The private party sees little to no justice. The end result is the "fee" is small compared to the ill-gotten gain so the banks continue the slime tactics with the government taking a small % of the ill gotten gain.


http://market-ticker.org/akcs-www?singlepost=2195085

[nh_mopar_fan]

FOUND!

http://www.unionleader.com/article/20120801/NEWS03/708019961

[myk]

F**k Bank of America...

[1974dodgecharger]

FOUND!

http://www.unionleader.com/article/20120801/NEWS03/708019961

FCK YEAH....figured it was those damn contractors.....stupid of them trying to register it thoughhahhahaha...

[Ghoste]

ANd it turns out the thief is devoted family man too.  Begged for bail so he could visit his daughter.

[TheGhost]

Dont think theyre the thieves.  Think they just bought the car from them.

[PocketThunder]

From the article:
"Dahrooge said it had been appraised at $85,000."

C'mon... 85 thousand dollars?   

[TheGhost]

Might be how much he had invested?

[young99]

I will NEVER do business with Bank of America....had dealings with them in the past....they really don't care much about their customers no matter what they say................Been that way for years.  
(I closed an account with them and they still had it on their books as being opened...three years later....I made so many calls to clear up the issue that I lost count....finally got it taken care of......anyone that does business with them has to be crazy.....*just my two cents)

The unfortunate reality in the U.S. is that if you have a mortgage you may not have a choice.  Your lender can, at any time, with no approval from you, sell your loan to BoA.  Should that happen, the only way to get away from them is to pay it off or refi (with the associated thousands worth of fees)... and if you refi, the new lender can then turn around and sell to BoA.

That is the truth. I had Countrywide mortgage during all the sweetheart deals they were giving to their management. I was actually being overcharged during the whole mess but that is a different story. My account was given to Bank of America when Countrywide went out.

I decided to get away from them and refinance directly with Wells Fargo, I have had zero issues since switching. There company has been around for quite some time and should be around for many years to come.

[1BAD68]

Most likely the car is in storage/hiding right now.
The 'companies' banks hire to do the clean up of the houses are just local people usually doing this as a second income.
So chances are good if the guy were to get enough attention, maybe through the local news channel, someone may have a tip that would lead to the whereabouts of the car.

[mauve66]

From the article:
"Dahrooge said it had been appraised at $85,000."

C'mon... 85 thousand dollars?   

that's what i thought, maybe back in 2005

[Brightyellow69rtse]

really glad he got it back. 85k isnt likly but its definarlt possible. i went to a shop some years ago that had a gtx they were doing for a customer. it looked like a very nice car but it didnt blow me away or anything. he said the owner had 80k into it. he said it was so rotted it shouldnt have been saved but he just wanted it done regardless.

[Mike DC]

    
Yeah, but the amount spent on a car is not the same thing as its value on the market.  That car didn't look like $85k even if they spent $850k on it. 

[472 R/T SE]

Besides that it's a '73 made into a '71.

Anyone ever try to sell one like that?  Most of the time they never get sold cause the person who spent all that money converting it don't want to lose so much.

[Ghoste]

Whether its worth 85000 or 8500 its clear it meant a lot to the guy and I'm glad to see he got it back.

[NHCharger]

Looks like BoA got shamed into paying for the repairs. They will turn this around and use it for a big marketing ploy on how they care for the little guy.


http://www.telegram.com/apps/pbcs.dll/article?AID=%2F20120803%2FNEWS%2F120809800%2F0%2FSPORTS04

[Ghoste]

And raise some small fee a cent or two and spread it out over everyone to recoup the costs.

[BIRD67]

I know this guy, wicked nice man. met him at the summer nationals in woer.

[ChgrSteve67]

In CA you can file a lien against a car and request ownership be transferred into your name if the owner does not claim the car. There are a bunch of other things you have to do with the DMV like have them sent registered letters to the last known address of the registered owner (DMV will not provide that info to the person submitting the lien).

The thrashing of the Challenger by these guys is just wrong as well as B of A not disclosing the information. I think they should have to pay for the damage done to the car since they knew back in March who it was that had access to the house and the property in it.

I'm glad the rightful owner got his car back.

[Mike DC]

 
The only recourse the owner is gonna have to recover the car's damage is the thieves themselves.  If I was a judge I wouldn't hold BoA liable for any of that. 

BoA deserves to be punished for the initial stonewalling.  (It'll never happen of course.)  But the bank really didn't have anything to do with stealing the car besides the thieves happening to find the car while they were on the job.  BoA was never laying claim to the car nor authorizing the guys to move it off the premises. 

[ChgrSteve67]

I think you will find that if one party takes action by hiring someone else to do the work the origional party is still responcible.

Just like if you paid someone to do something on your behalf and someone or something gets hurt/damaged you will still be responcible.

In this case B of A is going to hole the company they hired responcible and make them pay for the damages. Either that or B of A will not continue to do business with them or take it out of the money B of A owes them.

Personally if it was me if I didn't have a check for the damages in my hands within 30 days I would hire a lawyer and sue the people arested, the company paid to winterize the home and B of A and let the courts sort it out. I think there is plenty of blame to go around.

[Mike DC]

Yeah I know that BoA could be roped into a suit for the car damages.  But I doubt BoA would be writing anyone a check by the time the whole thing played out.  It's a lot easier to file that suit against BoA than to win it.  Regardless of their legal liability it is not their doing as a practical matter.  Legal liability usually only overrides practical truth when the little guy is being sued.

Bottom line, several steps later, if the thieves don't have enough liquid assets required to fix the car right now then I doubt the car owner will get it.  Just my guess for this particular case.



I suppose BoA might pay out this time just to look better in the press.  (In fact I think they would be stupid not to, the cost/benefit is so lopsided here.)  But I suspect they would get away without paying for this incident if they really didn't want to pay it.