Update Hearing!! BOA Can't Find His $7,000 CD — Judge Makes The Bank Pay $5,582

Previous Hearing Link :    • 1980 Certificate of Deposit Vanishes After...   In #CourtroomDrama, Paul Alley v. Bank of America returned to court over a decades-old certificate of deposit that Paul Alley claimed his mother purchased in 1980 and later transferred solely into his name. After multiple bank mergers, the family could no longer locate the CD through Bank of America. Bank of America representative Duane Dummler testified that the bank searched its merger records, archived records, and unclaimed-property records but could not find an account matching the names or account numbers provided. The bank maintained that no record showed the CD had transferred into Bank of America. Paul was seeking $7,000, while the bank pointed to documentation showing the last known balance was approximately $3,500 and argued there was no evidence establishing the full $7,000 amount. The judge questioned how the CD could disappear during the series of bank mergers and whether Bank of America had an obligation to account for liabilities it acquired from the previous banks. The judge ultimately ruled in Paul's favor. The court awarded $5,500, plus an $82 filing fee, for a total of $5,582. #CourtroomDrama #BankOfAmerica #BOA #BankDispute #CertificateOfDeposit #CDDispute #SmallClaimsCourt #BankingDispute #ConsumerDispute #CourtHearing #RealCourtCases #LegalAnalysis #CourtroomVideos #CivilCourt Disclaimer This video is presented for educational, documentary, and commentary purposes only. The information is based on statements, testimony, arguments, and the ruling presented during the court proceeding. The parties presented different positions regarding the certificate of deposit, the bank mergers, the available records, and the amount allegedly owed. The bank's inability to locate the account and the plaintiff's claims are presented as part of the court record. Titles and thumbnails may use condensed or editorialized language to highlight significant moments from the proceeding. This content is not legal advice.