Drs. Bradley Foerster and Myria Petrou Ask Former Attorneys Michael Reynolds and Mark Evans About Bank of Ann Arbor’s $1.4 Million Sheriff’s-Sale Credit Bid, Possible Third-Party Agreements, and Unanswered Requests for Mortgage Records (2017–2026)
On October 12, 2026, Drs. Bradley Foerster and Myria Petrou renewed their request for answers from attorneys Michael Reynolds and Mark Evans, who represented Dr. Foerster and Dr. Petrou in the Bank of Ann Arbor foreclosure and related litigation through late 2017. Nearly nine years after the August 3, 2017 sheriff's sale of 1745 Brian Court and 620 and 630 Geddes Ridge Avenue, fundamental questions about the disposition of the sale proceeds remain unanswered.
Bank of Ann Arbor has not reconciled its approximately $1.4 million sheriff's-sale credit bid with the principal reduction and charge-off recorded in the Bank's own loan ledger, despite more than two years of requests. Dr. Foerster and Dr. Petrou also asked Mr. Reynolds and Mr. Evans for mortgage and encumbrance records that the FDIC indicated had been provided during litigation and discovery. Neither attorney has provided the records or a substantive response.
The unresolved accounting raises a further question. Before the sheriff's sale, attorney Jim Reach, representing Dr. Petrou's mother, Maria Petrou, claimed in a legal brief that Maria Petrou was owed approximately $1.4 million. Maria Petrou has denied knowing anything about or receiving any funds from the sale. Dr. Foerster and Dr. Petrou are seeking to determine whether a lien, financial obligation, or third-party payment arrangement could explain the Bank's accounting.
Dr. Foerster and Dr. Petrou asked Mr. Reynolds and Mr. Evans whether either attorney knew of, received, prepared, negotiated, or entered into an agreement on behalf of Dr. Foerster or Dr. Petrou concerning payment of the sheriff's-sale proceeds to a third party or satisfaction of another financial obligation. Neither Dr. Foerster nor Dr. Petrou knows of or authorized such an agreement.
The October 12 email also revisits Dr. Foerster's and Dr. Petrou's recollection that Mr. Evans advised Dr. Foerster and Dr. Petrou toward the end of 2017 that Bank of Ann Arbor could not be sued. Dr. Foerster and Dr. Petrou asked whether that advice reflected an agreement, settlement, or another legal consideration.
The disagreement over Bank of Ann Arbor's role was already documented in November 2017 correspondence between Dr. Foerster, Dr. Petrou, Mr. Reynolds, and Mr. Evans. Dr. Foerster and Dr. Petrou questioned why the Bank had not been added to the litigation and repeatedly asked the attorneys to continue representation through the February 2018 redemption deadline. The correspondence, including the attorneys' responses and eventual withdrawal, is reproduced in the June 22, 2026 post, Did the Legal Representation Adequately Protect the Home of Drs. Foerster and Petrou? The November 2017 Reynolds–Evans Correspondence .
The October 12 request follows earlier correspondence dated April 6, June 2, and December 15, 2025, seeking clarification of lien priority, the mortgage documentation reportedly provided during discovery, and the disposition of the sheriff's-sale proceeds. Those inquiries were directed at different times to Mr. Reynolds, Mr. Evans, attorney Edward Hood, and attorney Cyril Hall, without substantive responses documented in the correspondence presented here.
The October 12 email included the earlier correspondence and the Bank of Ann Arbor Documentary Chronology with eight supporting exhibits. Dr. Foerster and Dr. Petrou again requested the relevant records, offered to pay reasonable fees for copies of the former attorneys' files, and asked for an explanation if the attorneys were unable to respond.
The following two-page email reproduces the October 12 follow-up and the underlying June 2, 2025 request for Bank of Ann Arbor mortgage and encumbrance records. The correspondence asks whether either attorney knew of an agreement concerning third-party payments and seeks clarification of Mr. Evans's 2017 advice.
Dr. Petrou sought confirmation that no additional liens or encumbrances affecting the three properties had been disclosed beyond those recorded with the Washtenaw County Register of Deeds. The email also questioned the Bank's handling of lien priority and the sheriff's-sale proceeds. No substantive response from Mr. Hood, Mr. Reynolds, or Mr. Evans is documented.
Dr. Petrou raised the possibility that the sheriff's-sale proceeds had been applied toward a financial obligation unknown to Dr. Foerster and Dr. Petrou, including questions about possible University of Michigan involvement. No substantive response from Mr. Reynolds, Mr. Evans, or Mr. Hall is documented.
AAPD Case 17-3517 Documentary Chronology
← Previous
|
Return to AAPD Documentary Chronology
|
Next →
Selected Reporting
- Bradley Foerster Submits 140-Exhibit, 1,121-Page Documentary Chronology to FBI for Supervisory Review of the Investigation Involving Dr. Bradley Foerster, Dr. Myria Petrou, and Duaa Altaee
- From One FBI File to a Legislative Proposal: Peter and Maria Foerster Ask Senator Van Hollen's Office and Congressman Jamie Raskin to Consider a Uniform Administrative Framework for Federal Investigations
- Eva Feldman Documentary Chronology: 139 Exhibits on NIH R01NS082304, University Proceedings, and Federal Investigation — No Response Received
- Bradley Foerster and Myria Petrou Send Ann Arbor Officials Documentary Chronology on AAPD and Related Federal Investigations — No Response Received
- Timothy Lynch Documentary Chronology: 63 Exhibits on University of Michigan Office of General Counsel, University Investigations, and Law Enforcement — No Response Received
- Bradley Foerster and Myria Petrou Documentary Chronology: 8 Exhibits Document More Than Two Years of Efforts to Trace Bank of Ann Arbor's $1.4 Million Sheriff's Sale Credit Bid — No Response Received
Brad Foerster, MD PhD
Brad Foerster is a FOIA advocate documenting requests, transparency disputes, and accountability investigations involving public agencies, universities, police oversight, and Russia-Gate related inquiries. His work compiles original documents, timelines, and analysis of public records and institutional responses. Brad is also a board-certified radiologist, author of Town & Gown, and has published over 40 peer-reviewed articles. Brad lives in Potomac, Maryland with his family and is a member of the Montgomery County Medical Society and the Takoma Park U.S. & World History Book Club.