Results 1 to 2 of 2
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02-20-2020, 03:23 AM #1
- Join Date
- Jan 2020
- Location
- Hollywood, FL
- Posts
- 10
default deal
Merchant was promised by new lender they would reconsolitdate existing positions and new lender would pay off all open position.
New lender ended up settling with the positions instead of paying them to satisfying free and clear.
New lender told merchant to stop making payments to their open positions.
Old lenders marked merchant as defaulted on the positions since it was settled at x amount instead of satisfied in full
anyone can get an offer on this file?
Please message me.
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02-20-2020, 11:01 AM #2
- Join Date
- Jun 2019
- Posts
- 194
seeing more and more of these stories. Its unfortunate. Don't waste time with it move onto other deals.
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