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Foreclosing Lender Screw Ups When Seizing Collateral Not Limited To Homes As Boat Repo Firm Twice Takes Wrong Vessel - Once With Owners On Board

By r morris

In Fort Lauderdale, Florida, the South Florida Sun Sentinel reports:A Fort Lauderdale company that claims to be the biggest boat repossession firm in the world has run into trouble for twice seizing the wrong vessel, once with the owners inside. Walter and Joann Dethier were in bed in their 40-foot Magnum sport cruiser, tied to a Key Largo marina, when they heard thumps as electric power lines

Full post as published by The Home Equity Theft Reporter on May 23, 2009 (boomark / email).