wow, I agree with whunter on that. No idea what'd cause the problems though.

Definetly power bleed the brakes afterwords, get all that cooked fluid out.
I'd suspect the rear wheel bearing grease too if it got that hot. Can you re-pack thoose or are they replace only?

Were they both like that, or just one side? It'd be really uncommon for both sides to seize at the same time........... I suspect the parking brake was unintentionally applied and left on for some time.

Good luck
~Nate

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95 Honda Shadow ACE 1100.
1999 Plymouth Neon Expresso. 2.4 swap, 10.5 to 1 comp, big cams. Autocross time attack vehicle!
2012 Escape, 'hunter" (5 sp 4cyl)