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UPDATE: Bank of America is suing a Nashville Chapter 13 Bankruptcy Trustee over Mortgage Payments

Here is an update on my previous blog about how Bank of America is suing a Nashville Chapter 13 Bankruptcy Trustee over mortgage payments. For background: in that blog, I discussed how which “Show me the Note” defense against foreclosure rarely works in Texas, a Nashville Chapter 13 Bankruptcy Trustee, Henry “Hank” Hildebrand uses it regularly to not pay mortgages in the Tennessee Bankruptcies he oversees. Bank of America was fed up with Hank's argument and sued him.

Now the update: A Nashville Business Journal article reports Bank of America settled with the debtors and dropped accusations that Hildebrand wasn't dispersing money appropriately. They quote Hildebrand as saying “They [Bank of America] decided they would dismiss the lawsuit, pay my attorney fees and they apologized.”

Are you at risk of foreclosure? Call 254-870-0150 or email me at [email protected] today for a free, no-obligation consultation with experienced staff. Let my family help yours!

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