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Ohio bank repossess wrong house; owner wants $18K

By Associated Press

LAST UPDATED: 07:19 a.m. HST, Jul 27, 2013

MCARTHUR, Ohio » An Ohio bank says a bad GPS navigator is the reason it repossessed the wrong house — and threw out all the possessions inside.

Homeowner Katie Barnett says her McArthur home was wrongly repossessed while she was away with her family last month. When they returned to the house, the locks had been changed and many of their belongings were missing.

Barnett wants the First National Bank of Wellston to give her $18,000 for the lost items. She says the bank wants her to show receipts for everything that's missing.

First National CEO Anthony Thorne says the bank wants to compensate the family "fairly and equitably" but the items Barnett is claiming doesn't match up with what the bank's employees removed.

The bank says the house it meant to clean out was on the same street.

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cojef wrote:
Pay the woman! For God's sake, the Bank piddling over $18,000 bucks. Heirlooms are irreplaceable and a price cannot be placed on them.
on July 27,2013 | 08:05AM
Grimbold wrote:
The bank needed a GPS to find the house, because those derelics have no housenumbers posted!
on July 27,2013 | 08:17AM
tiki886 wrote:
In a previous article, (Obviously SA in picking up a mainland story "in the middle of the movie") there are street numbers that the bank employees had available for them to identify the correct house to foreclose upon but they ignored the address when they saw that the wrong house had an overgrown lawn and a generally abandoned look to it. These employees took it upon themselves to 2nd guess themselves and choose the wrong property on purpose based just on looks alone instead of relying on the actual address.
on July 27,2013 | 09:52AM
mikethenovice wrote:
All those foreclosed homes have the same number of 666.
on July 28,2013 | 06:59AM
mikethenovice wrote:
Only $18K? How about asking for the $18.6 million? Start from the top?
on July 28,2013 | 06:58AM
Forever_Grateful wrote:
OMG ... they want her to show receipts for items the STOLE - she should sue that bank for a heck of a lot more money that $18K just for invasion of privacy and punitive damages! It is such an errie feeling to come home and know that someone has been in your house and took your belongings. When it happened to me, I didn't sleep well for a long time. That poor lady!
on July 27,2013 | 08:45AM
sayer wrote:
I agree!
on July 28,2013 | 02:24AM
nodaddynotthebelt wrote:
This is outrageous! If it had been the other way around, the bank would be after every penny of the customer and tack on the fees and interest accumulated. The homeowner should be allowed not only the value of the valuables but also the cost of repurchasing all of the items as the price of everything has gone up. Further, the homeowner should be allowed to charge the cost of re-acquiring all the furnishings such as gas and time taken out of work as it will take time to do so. And then there is the cost of the suffering that this bank's action has caused. The excuse by the bank that it was a GPS mistake is not acceptable. They are legally required to use due diligence when locating the house and that means using other means besides a GPS marker. First National should be ashamed of itself. I hope that the homeowner acquires an attorney and sues the hell out of that bank. This is one of the situations where there should be a large lawsuit. That would teach businesses not to take people's rights so lightly and try using their big gun attorneys to try and rip off the people through heavy handed "my way or the highway" solutions.
on July 27,2013 | 08:59AM
residenttaxpayer wrote:
Sound like she a pretty good lawsuit and could take the bank to the cleaners for more $18,000 dollars...she should have a lawyer deal with the bank...maybe then the bank will take her seriously......
on July 27,2013 | 09:06AM
residenttaxpayer wrote:
Meant to say she has a pretty good lawsuit.....
on July 27,2013 | 09:09AM
RetiredWorking wrote:
In good faith and an apology, the bank should simply pay the $18k. They're bluffing and waiting for the homeowner to pursue the issue. The bad publicity alone is worth more than $18K, and so is the ensuing lawsuit.
on July 27,2013 | 09:18AM
sayer wrote:
It is absurd.
on July 28,2013 | 02:25AM
mcc wrote:
GREEDY, GREEDY banks at it again. If someone burglarizes me I do not have to prove my claims and show receipts. The banks are at fault. What about punitive damages?
on July 27,2013 | 09:28AM
tiki886 wrote:
Don't get carried away with the word "greed". There is no greed involved in this situation. I just wonder why there are no charges of theft, burglary and criminal trespass that has been filed against the bank? Any ambulance chasing lawyer should find this an easy case to litigate. The bank doesn’t even deny wrongfully repossessing Katie Barnett’s belongings.

In a previous article, it reported that Katie Barnett was in negotiations with the bank for compensation and the bank refused to pay her "retail" for the items taken and insisted that she produce receipts. She said she wasn't running a yard sale so to give her an offer which they haven't responded to her yet. Finally, she said to the bank, "I told him I don’t keep receipts around for everything I have just in case a bank comes by and steals my stuff. And if I did, where do you think it would be? With the stuff that you threw away,” she added.

on July 27,2013 | 10:02AM
Mypualani wrote:
tiki886 .Finally, she said to the bank, "I told him I don’t keep receipts around for everything I have just in case a bank comes by and steals my stuff. And if I did, where do you think it would be? With the stuff that you threw away,” she added. Thank you. this woman does not deserve to be treated as such, I would get the greediest lawywer
on July 27,2013 | 03:47PM
sayer wrote:
Banks like this are disgusting. Make me want to puke.
on July 28,2013 | 02:26AM
mikethenovice wrote:
Your money must be under the bed?
on July 28,2013 | 07:00AM
rytsuru wrote:
Banks are posting record profits and fueling the investment bankers and hedge fund managers who are making all the money. These "institutions" pay a fraction of a percent interest to customers to use the customer's money for investing and funding their own revenue flow, and continually raise their own executive salaries. Take a look at our largest banks and the buildings they put themselves in...sometimes I wonder what the electricity bill is to cool these banks with thirty foot high ceilings. If you make a mistake and become overdrawn look out for the fees! If a bank makes a mistake, it is basically YOUR fault. Time for the old mattress vault!
on July 27,2013 | 09:59AM
entrkn wrote:
If that bank can get a release for $18,000 and they are hesitating, they are truly inept and crazy... I'm pretty sure there is a growing line of sharp, ruthless, hungry lawyers all drooling to represent Ms Barnett, and they are thinking seven and eight figure lawsuits.
on July 27,2013 | 10:24AM
Mypualani wrote:
exactly okay now where are the LIE AW YERS at? this woman is only asking for 18,000 if was me they would be paying more for pain and suffering, the bank is at fault no matter how you look at it.
on July 27,2013 | 03:50PM
tasod wrote:
I think this is about the only time I hope a money hungry lawyer will help this lady. Besides replacing her items huge punitive fines are just.
on July 27,2013 | 12:18PM
mikethenovice wrote:
The bank also suffered when it lost.
on July 28,2013 | 07:01AM
deucedeuce223 wrote:
I wonder if she has her home mortgage with that same bank? If she does then they should payoff her debt to them and issue a very live public apology on TV to "show" they are taking corrective action and to "show" they are very sorry. If her mortgage is held by another bank she should have them get involved to sue First National Bank for damages and also to help the lady get reimbursement for her personal items. After all the mortgage holder is the actual property owner until the mortgage is paid off. If this woman's home does not have a mortgage then I sue the living daylights out of First National Bank for everything she can get. (receipts for proof... what a JOKE!!!!!!!!!!!!!!!)
on July 27,2013 | 01:07PM
Anonymous wrote:
Squabbling over $18,000? That bank had better be ecstatic that that's all they're asking for. Instead, they want to split hairs? I say sue them for a couple mil then!
on July 27,2013 | 01:29PM
stingray65 wrote:
I will have the Bank Officials head in the Chopping board...They were breaking and entering!! They practically rob the house!! Where is the police when you need them?
on July 27,2013 | 03:43PM
kailua000 wrote:
omg, really the bank doesnt think the employees walked away with valuables? Pay her, you owe her!
on July 27,2013 | 06:50PM
LittleEarl_01 wrote:
Ooops! It's almost like robosigning foreclosure paperwork, which the banks got caught doing. Pay the lady. First National Bank of Wellston I'm sure has insurance to cover the loss.
on July 28,2013 | 06:19AM
mikethenovice wrote:
$18,000 does sound high. Unless you have a drug lab, the average house only has $10,000 worth of depreciated stuff, including the cat food.
on July 28,2013 | 07:04AM
tiki886 wrote:
In a previous article the most valuable items were two automobile engines and parts worth about $9,000.
on July 28,2013 | 09:12AM
tiki886 wrote:
Here are the original two articles: July 22nd http://www.10tv.com/content/stories/2013/07/22/athens-county-woman-wants-possessions-back-after-bank-tried-to-repossess-wrong-house.html July 26th http://www.10tv.com/content/stories/2013/07/26/wellston-bank-issues-statement-about-home-it-wrongfully-foreclosed-upon-balks-at-paying-up.html
on July 28,2013 | 09:18AM
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