Mountain Sage

Basically, the borrower in this situation, bought the house in 2001 with Wells Fargo holding the mortgage. She later refinanced with Mortgage World Bankers.  When she fell into arrears a Chapter 13 bankruptcy was filed.  A claim to the debt was filed by PHH. PHH was asked to modify the loan but didn’t respond to [...]

I remember the story about Wal-Mart collecting $72,820.30 in life insurance on an employee, Karen Armatrout, who died of cancer while working at Wal-Mart.  At the time, I didn’t think to look deeper to see if this was a common practice among big corporations.
A Texas attorney, Michael D. Myers, sued Wal-Mart over the Karen Armatrout [...]