Jesse Vaughn, of Vaughn, Leggett and Clements, said the law firm filed action recently to foreclose on a lien they filed in 2007 after the firm failed to receive payment from the Ingle House’s former owner, Clyde Runyon.
This newest action will impact the city of Resaca, which now owns the house.
The lien amount is about $18,000, according to Vaughn. Runyon hired the firm to help him fight the previous administration over right-of-way for Ingle Circle, the roadway in front of the house. Runyon won the case, making the road private, but the house was later foreclosed upon.
Yet the law firm was still owed money, presenting an “uncommon legal situation,” Vaughn said. “It got to be time for us that we had to do something … (Because of the foreclosure situation), our security in that property was the only way that we’d get paid.”
Payment for the foreclosure of the lien will fall to Bank of America, the institution that foreclosed on the house, and to the city of Resaca, Vaughn said.
“We’re not saying Resaca has done anything wrong,” he explained. He said the city’s title insurance will probably pay for the city’s portion of the lien.
The two defendants are required to pay the lien in court by March 7, Vaughn said. If that does not happen, a hearing will proceed March 10.
What a desperate joke.