In a dramatic legal confrontation, a Louisiana resident has filed a civil lawsuit against two major financial institutions, accusing them of trapping him in debt bondage and violating federal laws. Bryan Calhoun, the plaintiff, submitted his complaint to the United States District Court for the Middle District of Louisiana on October 29, 2024. The defendants named in this case are United Wholesale Mortgage, LLC and Regions Bank.
The heart of Calhoun's allegations lies in claims of breach of contract and unlawful debt practices. According to the court documents, Calhoun asserts that United Wholesale Mortgage (UWM) failed to honor an agreement that would have satisfied his mortgage debt. He alleges that despite making payments through money orders marked as "Payment in Full," UWM continued to transfer the alleged debt to Regions Bank. This transfer allegedly occurred after UWM had credited his account balance to zero, leading Calhoun to believe his obligations were settled.
Calhoun further contends that both UWM and Regions Bank engaged in manipulative practices designed to trap him in what he describes as "debt bondage." He argues that these actions violated specific federal statutes, including 22 U.S. Code § 7101 et seq., which addresses trafficking and debt bondage issues, and regulations under the Fair Credit Reporting Act (FCRA). "Defendants manipulate in a scheme of credit to induce plaintiff in debt bondage," Calhoun states in his complaint.
The plaintiff seeks multiple forms of relief from the court. He demands declaratory relief affirming his ownership of the property involved and requests $6,244.00 for actual damages incurred due to emotional distress and financial harm caused by UWM's actions. Additionally, Calhoun asks for recognition that his obligation was satisfied due to a breach of contract by the defendants and seeks reimbursement for payments made after this supposed satisfaction.
Representing himself pro se, Bryan Calhoun calls upon the court not only for monetary compensation but also for justice against what he perceives as oppressive financial practices. The case is presided over by Judge S.D.J.-R.L.B., with no attorney representation listed for either party at this stage. The case identification number is 3:24-cv-00896-SDJ-RLB.