Nope, banks often sell foreclosed homes to companies they are associated with. Honestly, I don't see GoDaddy at any fault in this situation. The person should have kept their domain up to date, and GoDaddy gives plenty of warning it is going to expire. I just recently had a domain with them that I didn't want anymore because the company went out of business and GoDaddy sent me an email 6 months before it expired, 1 month before it expired, 2 weeks before, and 1 week before. So if it expires it is no ones fault but your own.
