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Arizona Foreclosure and Bankruptcy Lawyer appears on Fox News to discuss BofA failure to reinstate Clients loan.
 

We will be discussing our Client who reinstated her loan (with Bank of America) prior to the foreclosure trustee sale of her property.  The trustee informed my client they would be putting her sale on hold and if they did sell the proeprty they would announce Plaintiff had reinstated her loan.  The trustee was Recontrust (a subsidiary of Bank of America) and although Plaintiff was informed that the sale would be put on hold, it obviously was not.
A purchaser bought the property at auction for $198,000 then raced back to Plaintiff's house and coerced her into signing a purcahse and sale agreement for $250,000 alleging he was a "bona fide purcahser for value (or BFP as us lawyers call it).
Gets more interesting, Bank of America continues to send Plaintiff monthly statements indicating she is current, and Plaintiff continues to pay taxes and insurance.   Purchaser at auction starts eviction action.  Bank of America does nothing.
We file suit against Bank of America for $5,000,000 for fraud, wrongful foreclosure, and seeking to quiet title.
Main Points of Story (morals of the story if you will)
(1) The left hand DOES know what the right hand is doing.  Like a boxer, ... more

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