Demand Bank Compensate Woman Whose House was Wrongfully Repossessed

Target: Anthony S. Thorne, CEO/President of First National Bank of Wellston

Goal: Compensate woman who had her house wrongfully seized.

MacArthur, Ohio resident Katie Barnett recently had her house repossessed a bank while she was on vacation. First National Bank in Wellston, acting on delinquent payment, removed all her possessions from her house and changed her locks. However, it was not her house that was supposed to be foreclosed on, but a neighbor’s. And First National Bank, which Barnett does not belong to, refuses to pay her back for it.

ThinkProgress noted that Barnett, when she asked the bank president for $18,000 in compensation, was told “we’re not paying you retail here. That’s just the way it is.” Though the bank has stated it is discussing ways to solve the issue, no settlement has been offered.  The most shocking part of the situation is that the town police have also refused to take action on the matter.

Needless to say, this story is shocking. Without any question, what happened to Barnett was theft. Her property was wrongly seized from her, and those responsible have refused to return what they took or provide any compensation. The MacArthur police’s inaction on the matter openly shows a double standard whereby a powerful corporate actor can get away with an act that an average person would be arrested for.

What happened to Katie Barnett is a surreal tragedy that demands resolution. By signing this petition, you will demand First National Bank of Wellston do the right thing and compensate her fully for her losses.

PETITION LETTER:

Dear Mr. Thorne,

I am writing you regarding First National Bank’s wrongful seizure of Katie Barnett’s house. The MacArthur woman recently stated that after returning from vacation, she found her locks changed and possessions removed.  This occurred because First National wrongly identified her house with that of a bank customer whose house was to be foreclosed.

First National Bank’s reaction to what happened, however, is, quite frankly, shocking. Barnett has stated that when she approached you with a compensation estimate of $18,000 for her lost items, you told her “we’re not paying you retail here.” This is a blatant refusal to take any responsibility for what is a tragic loss of another’s possessions and home.

That is the issue here. We are not just talking about an error in judgment by the bank, but the wrongful loss of another person’s property. While First National Bank has stated that it is looking to resolve the matter, no fair compensation offer has emerged.

I ask you to pay Barnett compensation in full for her losses. No one deserves to find everything they have was wrongfully taken from them, and taking full responsibility will show that First National Bank of Wellston is committed to doing the right thing.

Sincerely,

[Your Name Here]

Photo Credit: JefferyTurner via Flickr

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2 Comments

  1. Hugh Wiegel says:

    You should pay double for her trouble and your bank’s incompetence.

  2. Billy Holifield Billy Holifield says:

    If this goes to court, I would do anything to be on the jury. The bank is guilty at the worst level and punitive damages would be in order. Before this is over the negative publicity alone will cost the bank dearly. Pay the woman now with a public apology or else.

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