Mr Cooper Group Inc (COOP)

[LuckyPanda]

No, we may be allowing our assets to be stolen by sitting on our asses believing we are riding coattails. We know DB as trustee has gone through probate. As trustee, they just need to distribute the assets to the various ABS trusts. If WMI owned certain percentage of those trusts, and those trusts were not part of the bankruptcy due to safe harbor isolation, then there is a possibility that we need to file claims to go after them...or they might be considered abandoned after some time and end up going to the government.

What if the scenario is similar to someone dying without a will. If you are next of kin of the deceased, you will need to go file a claim to the estates assets otherwise it will be considered abandoned after some time and simply go to the state.


We may need to organize a go fund me page to gather some funds and hire an attorney to file a class action claim. It will ne awesome if we can retain Sussman's firm again.