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.