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Home / Opinion Digests / Lender’s fee for filing proof of claim significantly reduced (access required)

Lender’s fee for filing proof of claim significantly reduced (access required)

Where a lender sought to recover $650 for filing a proof of claim, but provided no details about which employee performed the work, the tasks performed or the hours expended, the fee was reduced to $300. Background In 2017, the debtors borrowed $137,365 from Movement Mortgage LLC. This loan was memorialized in a promissory note and was ...