Wrongful Bank Lockouts & Seizures and Bank Owned Property
Thanks to the high number of bank foreclosures nationwide, more and more Americans are buying bank owned properties directly from banks. Buyers of bank owned property, though, need to be aware that they could be at risk of having their new home wrongfully seized by the very same bank that sold them the property just months before! Imagine the feeling of returning to your property one day to find the locks changed, the property "winterized" and even your personal belongings missing. That's what happened to one Michigan couple we represent.
Victims of wrongful bank lockouts and home seizures do have rights, though. If your home has been wrongfully seized by a bank, contact Phillips & Garcia for a comprehensive case evaluation.