 CoffeeTalk
Male, 40-49, Midwest US
 192 Posts
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Wednesday, February 08, 2012 6:20:49 PM
There are a lot of people here that don't pay attention to details.
1. This involves two issues, accepting cash payment and endorsing a check from an insurance company that has been written out to the bank and the guy. He needs them to endorse the check so he can cash (or deposit it).
2. The guy clearly didn't walk in with a video camera in a bank. He had a pocket sized camera that had video. Most phones have video and it's not illegal to carry one into a bank. He only started video when they refused his cash. He wasn't scoping out the bank and the bank manager seemed reluctant to explain why they couldn't accept cash.
3. As seen on the first video at :15 mark, he owes a total of $191,378.51 & his payment was due of $1,371.71 Someone mentioned that he probably owed $15,000 payment.
4. The cop naturally took the banks side but if they play mediator, shouldn't they have asked why his payment wasn't accepted. If it was against policy, they should have told the cops a |
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 OldOllie
Male, 50-59, Midwest US
8947 Posts
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Wednesday, February 08, 2012 8:01:44 AM
If they refuse payment of a debt with legal tender, the debt becomes null and void. |
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 MeGrendel
Male, 40-49, Southern US
2406 Posts
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Wednesday, February 08, 2012 7:38:08 AM
Neagle-"Bank of America has an agreement with Bank of America Home Loans to accept payments of its customers."
Yes, but they do not necessarily accept Collections payments for homes in forclosure, which would be a different devision than BoA Home Loans. In some cases, it may be a different company alltogether. |
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 CrakrJak
Male, 40-49, Midwest US
14459 Posts
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Wednesday, February 08, 2012 4:31:16 AM
Neagle: I would agree, smaller banks and credit unions are much more attentive to their customers needs. Chances are when you call them for customer service you'll actually get a live human being that can speak the English language too. |
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 Neagle
Male, 30-39, Western US
1405 Posts
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Wednesday, February 08, 2012 12:38:16 AM
Bank of America Home Loans which is a subsidiary of Bank of America. Bank of America has an agreement with Bank of America Home Loans to accept payments of its customers. It is a bad decision on the banks part not to accept the payment. The customer should have engaged the police officer differently and may have received a different outcome. If he gets the right judge who feels like teaching the bank a lesson by ordering the entire debt dismissed. Best thing you can do for your self, family and country is if you bank at a traditional bank, close your account and do business with a Co-Op or Credit Union.
 |
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mcboozerilla
Male, 30-39, Europe
649 Posts
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Wednesday, February 08, 2012 12:27:41 AM
The local branch isn't the division of BoA which handles mortgage payments, obviously, you idiots. This guy is just a poo-kicker. |
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bridog6996
Male, 18-29, Midwest US
563 Posts
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Tuesday, February 07, 2012 10:12:13 PM
The reason they're not accepting his payment is because:
A. He's being an obnoxious doucheface
B. In this day and age, you'd be a moron to trust anyone who walks into your business with a camera. Who knows what this guy's intentions are. Which leads me to
C. You can't photograph or film inside a bank. Any bank. |
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 SilverThread
Male, 30-39, Western US
3361 Posts
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Tuesday, February 07, 2012 9:11:12 PM
His offer of cash currency satisfies his legal obligation of debt and as such he is *not* required to provide another form of payment, B of A essentially just screwed themselves with this policy.
Awesome. |
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itri
Male, 30-39, Western US
15 Posts
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Tuesday, February 07, 2012 7:27:30 PM
This guy is an idiot. The reason they denied this guy, is because he was filming and TRYING to make a scene. I blame the 99%ers for this one. Go into any community bank with any sense and they should do the same thing. This was about basic security and nothing more! Again, this guy is an IDIOT! |
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Angilion
Male, 40-49, Europe
9677 Posts
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Tuesday, February 07, 2012 3:50:59 PM
If you buy $40 worth of gas and pay with a $50, they have to take it.
Only if they have already entered into a contract with you and have already provided you with the gas.
If you go into that gas station, pick up $40 worth of stuff (gas stations in the USA sell lots of other stuff, right?) and pay with a $50, they can refuse you. Legal tender is about debts, not purchases. |
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andybme
Male, 50-59, Western US
290 Posts
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Tuesday, February 07, 2012 6:08:23 AM
Looks like he's finding out the hard way that BofA SUCKS. Coulda asked lots of people and found that one out. |
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SoCal
Male, 18-29, Western US
618 Posts
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Tuesday, February 07, 2012 5:18:16 AM
Thats what he gets for dealing with B of A... his fault. |
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 avail9988
Male, 18-29, Australia
633 Posts
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Tuesday, February 07, 2012 1:33:59 AM
give that man the internet |
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 teknollag
Male, 18-29, Canada
164 Posts
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Tuesday, February 07, 2012 12:59:17 AM
A guy needs to know when to say, "sure, this is B.S., but is it really worth the effort to throw a tantrum instead of cooperating?". I'm sure it was a much larger inconvenience to do what he did than to just find an alternate method of payment. Unless, of course, he had something to hide.. |
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CrakrJak
Male, 40-49, Midwest US
14459 Posts
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Monday, February 06, 2012 11:56:30 PM
nettech: I'm not talking about walking into a convenience store and buying a pack of gum with a $50 bill. If you buy $40 worth of gas and pay with a $50, they have to take it.
Partial payments, of a monthly bill, do not have to be accepted by a lien holder, it's at their discretion. It's a myth that as long as you send in a little bit of money each month that they have to take it. |
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 Dead-Kittens
Male, 30-39, Canada
869 Posts
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Monday, February 06, 2012 11:29:03 PM
I wouldnt take that crap either lol. Vouchers for further economic debt bought at interest from the Bank of America themselves. Andrew Jackson shoulda just punched them in the nose. |
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 YANKmyDOODLE
Male, 30-39, Eastern US
684 Posts
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Monday, February 06, 2012 11:20:46 PM
@I-IS-BORED, he prob owes 15k total but the payment was only 1500 |
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nettech98
Male, 40-49, Eastern US
842 Posts
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Monday, February 06, 2012 11:15:22 PM
@Crakr: "Neither businesses, banks, or private citizens can refuse cash for payment, so long as it's payment in full, otherwise they are in breach of contract."
Angillon is correct. It only applies to DEBTS. A purchase is not a debt and your payment can be refused. And I don't know where you got the "payment in full" part. You can certainly make a partial payment of a debt in cash.
It's the same concept whereby businesses can refuse $50 or $100 bills. |
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 Edgarska19
Male, 18-29, Western US
1048 Posts
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Monday, February 06, 2012 10:41:44 PM
@CrakrJak
How funny, I always pay cash so it can't be traced back to me.
We must make different kinds of payments then. |
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 I-IS-BORED
Male, 18-29, Canada
2432 Posts
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Monday, February 06, 2012 9:33:55 PM
why did the 4th video say his payment was over $10,000 but the first says it's not even $1,500?... |
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CrakrJak
Male, 40-49, Midwest US
14459 Posts
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Monday, February 06, 2012 9:08:13 PM
Cajun: I wasn't defending this guy at all. I was making a point about cash payments.
Personally, I make all important payments by check so there is an undeniable paper trail. |
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 Ripper398
Male, 18-29, Western US
1315 Posts
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Monday, February 06, 2012 8:19:35 PM
Lt. Dangle is having a tough day, isn't he... |
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jamie76
Male, 30-39, Western US
2249 Posts
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Monday, February 06, 2012 7:53:04 PM
CrakrJak
never thought i would agree with your dumbass on anything but behold, there is something we do see eye to eye on. |
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jamie76
Male, 30-39, Western US
2249 Posts
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Monday, February 06, 2012 7:51:46 PM
I HATE BoA but i got a feeling this guy was simply not understanding a simple thing here, most bank branches do not accept mortgage payments.
they have separate offices for that. he could easily get a bank check for the amount and any claim dept would accept that..and legally HAS to accept it as it is endorsed funds. |
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 BlankTom
Male, 30-39, Eastern US
6541 Posts
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Monday, February 06, 2012 7:28:52 PM
basically they guy couldn't pay his mortgage and rather than trying to work with the bank, he decided to vilify them in order to remove all responsibility from himself. |
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