Complaint, Stone v. Real Estate Equity Exchange (Bankr. D. Colo. Aug. 9, 2024)

This is an August 2024 adversary proceeding complaint and objection to a proof of claim brought by the debtor in bankruptcy against a home equity “investment” lender, filed in the bankruptcy court for the District of Colorado. The complaint alleges unconscionability, violation of the Colorado UDAP statute, violations of Colorado mortgage lending law, the Colorado Consumer Credit Code, and Colorado reverse mortgage requirements, and fraudulent notarization.  It also alleges seeks rejection of the executory contract and objection to the lender’s proof of claim.  The complaint was drafted by Alex Witteveld from Colorado Legal Services and Shennan Kavanagh from NCLC.