Judge Orders Bank of America to pay Fannett Woman $300,000

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Judge Orders Bank of America to pay Fannett Woman $300,000

A Jefferson County judge ordered Bank of America to pay $300,000 to a Fannett woman after the company tried to foreclose on her home.

Attorney Wyatt Snider says his client Trudie Crutchfield had been fighting with her mortgage lender following Hurricane Rita.

At the time, Crutchfield's mortgage was handled through Country Wide. The company had allowed Crutchfield to miss several mortgage payments without penalty following the hurricane, but then attempted to charge her late fees.

Crutchfield was a lead plaintiff in a suit filed against the mortgage company in 2007. In 2008, a settlement was reached in which the company agreed to make up the loan without late fees and a reduced interest rate.

Crutchfield attempted several payments, but the company would not accept them. Bank of America then took over the loan and tried to foreclose on her home. The company also allowed the information to go on Crutchfield's credit report.

Snider says he filed three lawsuits on his client's behalf and Wednesday was allowed to present his evidence to 58th District Court Judge Bob Wortham, who ordered Bank of America to pay $300,000 in the next 30 days. If the company doesn't pay Crutchfield within 30 days, Wortham ordered the Bank of America to pay her an additional $300,000.

Wortham also ordered Bank of America to fix Crutchfield's credit within 90 days or pay another $300,000 penalty.

Snider says he considers the judgment a "huge victory" but expects Bank of America's attorney to appeal the decision before the 30 day period ends.

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