A Madisonville woman sued Bank of
America on Thursday for pocketing court fees from foreclosure cases that she
says belong to homeowners.
Kathleen Collins accused the bank of
fraud, breach of contract, unjust enrichment and other violations in a
class-action lawsuit filed in Hamilton County Common Pleas Court.
Collins’ attorney, Robert Newman,
said the bank’s practice of keeping the fees could impact thousands of
homeowners who should have been reimbursed money when their cases were
resolved.
“It’s just not fair for Bank of
America to be doing this,” Newman said.
A spokesman for the bank declined
comment.
The lawsuit’s accusations revolve
around court fees, typically about $550, which the bank is required to pay when
filing a foreclosure action. Depending on the length and outcome of the
litigation, a portion of those fees often is reimbursed to the bank when the
case is over.
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