For years, Foreclosurepedia has been monitoring the National Field Network (NFN) bankruptcy. We were the only media outlet to file a Motion to Intervene after spearheading the first ever Involuntary Bankruptcy to be filed in the Mortgage Field Services Industry. We recently reported on the latest trustee taking over the multi-million dollar fiasco with millions of dollars being clawed back from NFN and the attorneys alike. What is most newsworthy, though, was the document we received while attending the International Association of Field Service Technicians (IAFST) Regional Summit here in Minot, North Dakota, yesterday. JBS Field Services granted us permission to republish below,
The interesting thing to note here is that while Crandell bilked nearly $1.5 Million dollars from Labor, the trustee is letting him off the hook for $15,000 to be paid out over the next six months. Generally speaking, the only time sweetheart deals like this are issued is when the recipients possess a great deal of information and are willing to come clean. In full disclosure, Foreclosurepedia reached out to the trustee and no answer was forthcoming at the time of publication.
