NEW ORLEANS – Wells Fargo has filed a lawsuit over a piece of property after the death of their mortgage holder.
Wells Fargo Bank NA filed suit against Gloria Hawkins Ivory in the Orleans Parish Civil District Court on Dec. 10, 2013.
Wells Fargo claims that Ivory borrowed $300,000 on June 29, 2010 for a mortgage. In the terms of the mortgage, the plaintiff alleges that immediate repayment of the principal can be required in the event of the borrower’s death.
Wells Fargo claims that Ivory is deceased and her heirs are unknown and thus they are attempting to enforce the note and seize the property for resale in order to cover the remaining amount of the loan, $161,581.06, as well as taxes and hazard fees.
The plaintiff is represented by attorney Dean Morris of Monroe.
On Dec. 10, 2013 Judge Regina Bartholomew ordered that Wilson Bovelard be appointed to represent the succession of Ivory.
On Jan. 31, 2014, Wilson entered an affidavit of the results of his curator duties. He claims he was able to locate some of the surviving children of Ivory, including a Cassandra Ivory. She is listed as receiving a certified letter he sent her, but has not contacted him.
Case is assigned to Division H Judge Val Patrick Exnicios.
Case no. 2013-11651.
Death of mortgage holder prompts lawsuit
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