Consumer complaint received 2025-05-05 00:00:00
Product: Debt collection — Mortgage debt
Issue: Took or threatened to take negative or legal action — Seized or attempted to seize your property
Company: BANK OF AMERICA, NATIONAL ASSOCIATION
State: GA

Complaint narrative:
This is a complex situation for My Spouse and I! When 99 people inherit a single piece of real estate, it challenges involved : Who are the Heirs ' of our Property? The questions arise Why did these 99 Heirs not have to pay on the Mortgage when Heirs ' property arises when someone has concerns or complaint without a will ( intestate ) or their will doesn't clearly address the transfer of real estate, and the property passes down through multiple personal issues. Over time, this can lead to a large number of individuals holding a fractional interest in the land.

Key Characteristics and Challenges of this 99 Heirs : All under one XXXX XXXX XXXX XXXX XXXX XXXXXXXX Fractional Ownership : With 99 heirs, each person would own a very small fraction of the property. 
XXXX XXXX XXXX and XXXX XXXX XXXX are indebted to a Mortgage that Lack of Clear Title : It can be challenging to establish a clear and marketable title when so many individuals have their name in an ownership stake. This can hinder the ability to sell, mortgage, or develop the property.Yet Bank of America NA Forclosure of property on XX/XX/year> only singled out Myself and My Spouse with the Difficulty in Management and Maintenance : Getting 99 people with No Names to agree on how to manage and maintain the property ( e.g., paying for repairs, only the property taxes were paid under our mortgage clause ). This has lead to lack of knowledge and deterioration of the process where There were 13-15 Banks Association with this Property Address and ongoing all through the Big Government Bailout of the Banks, Yet We The People are still to TOW the BOW with All of Our Problems and Potential for Disputes : With so many owners, disagreements about the use, sale, or future of the property are highly likely. Resolving these disputes can be time-consuming and expensive, often requiring legal intervention.Yet there is Silence about this Vulnerability to Partition Actions actions of Forclosure on this One Family : Any one of the 99 heirs could have potentially filed a partition action in court. But nothing? This is a legal process where a judge can order the sale of the property and the division of the proceeds among the owners, even if some of the heirs object.But Nothing? This often results in the land being sold below market value. But Nothing?

Yet as Challenges rise up about, their shares it would be further divided among All own heirs, potentially leading to an even larger and more complex web of ownership in the future.

Although Communication and Tracking : Bank of America Simply could have been identifying and communicating with all 99 heirs and though it can be a significant logistical challenge, especially if they are geographically dispersed or if some ownership interests have passed down through multiple unrecorded transfers.But Nothing?

In summary, having 99 heirs on a single piece of real estate land creates a highly complex legal and practical situation with significant challenges related to Clear Title, But the decision-making of Bank of America and It's Sprawling Legal Army of Lawyers , managed to a Forclosure on One Single Family of the 99 Heirs.

It would require legal expertise to navigate the complexities of this type of ownership structure.But Guess what XXXX XXXX and His Team did it AND it Didn't Cost Him a Thing!?

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation