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Monday, September 30, 2024

Elderly homeowner accuses financial institution of wrongful property sale

Law money 01

CHARLESTON — An elderly St. Albans man is suing a financial institution, alleging wrongful sale of a residential property.

Edward L. Henderson, 76. filed a complaint in Kanawha Circuit Court against Branch Banking and Trust Company, alleging the defendant wrongfully foreclosed his home and purchased it at an inadequate price.

According to the complaint, Henderson has lived 2308 Kanawha Terrace, St. Albans since 1986 and on and off before then. The suit says on March 8, as a result of the defendant's actions, Henderson suffered the loss of his protected property interest, emotional distress, annoyance and inconvenience. 

The plaintiff alleges Branch Banking and Trust failed to provide any assistance to save his home and purchased it for approximately $44,000, when in fact, the market value if his home was between $100,000 and $130,000.

Henderson seeks trial by jury, an order declaring the March 8,  trustee sale was wrongful and void, court costs, attorney fees and all other lawful and equitable relief. He is represented by attorneys Bren J. Pomponio and Daniel F. Hedges of Mountain State Justice Inc. in Charleston.

Kanawha Circuit Court case number 18-C-433

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