Replies to post #584771 on Mr Cooper Group Inc (COOP)

[austin01]

lodas or anyone, can something "under seal" be overturned by a court order and revealed openly?

[EscrowDollars]

Lodas....
So very true....

I TRULY appreciate your insight into the market as whole, you have helped me keep my powder dry as well as buy at certain times over the past couple of years...

To me it's a hilarious....

We have folks here (everyone knows who they are) that post everyday about a case that is heavily redacted and as you say "reeks of mystery, innuendo, redactions, and whatever.."

There isn't ONE PERSON here that has any idea what is going on... It's farcical that so many here have dug deep to defend their positions when NOTHING IS KNOWN ABOUT THE CASE AND WHAT WAS BOUGHT, NOT BOUGHT, HIDDEN, LOST, SOLD, GIVEN AWAY, ETC ETC...

YOU ARE 100% CORRECT...

HOW CAN ANY JUDGE MAKE AN ASSESSMENT AND A RULING ON Alice's case when so much is unknown, sealed, hidden, washed, rinsed and washed again...

They are either going to have to settle with Alice out of court to keep everything quite OR have the whole can of worms opened...

Maybe Alice is the smartest of everyone because she knows that by presenting an argument even if it has little legs that the powers that be will have to settle with her out of court to defend the fiasco and the theft... Think about it what's 2-3 million dollars to shut her up when according to many here there are billions returning...

We should all follow Alice's lead and file motions based on exactly the same premise as she is presenting...

IF THERE IS BILLIONS TO PROTECT THEN THESE SCUM BAGS WILL PAY US OUT OF COURT TO PROTECT THEMSELVES ABD THEIR EXPOSURE..

Jeffrey Epstien is the latest in powerful men that thought they would get away with it forever until they are finally caught.. Madoff etc etc.... THEY ALL THINK THEY ARE ABOVE THE LAW UNTIL IT CATCHES UP WITH THEM...

HEY ROSEN .... I KNOW U READ THIS MESSAGE BOARD...

DON'T THINK FOR ONE MINUTE YOUR IMMUNE FROM PROSECUTION IF THE TRUTH FINALLY COMES OUT..
YOU GUYS AT A&M YOU BETTER HAVE CROSEED YOUR T's and DOTTED ALL THE I's because there's every chance that you 2 will be in orange suits one day...

GO ALICE PLEASE PLEASE PLEASE DONT TAKE THEIR OPUT OF COURT SETTLEMENT - TAKE THESE GUYS TO COURT - OPEN THEM UP AND EXPOSE THEM FOR THE LIARS AND CHEATS THEY ALL ARE!!!

[boarddork]

This is Chapter 11. Not Chapter 7 liquidation. Know the difference, it will set your mind at ease.

WMI in Chapter 11 is like a garage sale - just liquidating some of your household assets to pay your credit cards off. Everything wasn't sold off or stolen or disappeared. You only see now what the debtor is required to show to exit Chapter 11 reorganization. The debtor has played perfect sleight of hand to kick creditors off the scent so that more remains for everyone later. But there is no reason anyone here after 10 years needs to still follow this old stale carrot that some continue to dangle here to keep you in line.

Chapter 7 is like an estate sale where someone died and everything must be sold or donated and the house removed of all its contents and sold at a loss to and pay off as many estate bills as can be covered. That is not the legacy of WMI/WMIH now trading as COOP.

WMI/WMIH never died in Chapter 7 and lives on baptized and reorganized thru Chapter 11 and still trades, now as COOP.

All assets do NOT have to be disclosed to the court in Chapter 11. Only enough to cover the liabilities you are seeking re-organization over.

Any assets not declared up for grabs in the Chapter 11, remain for the estate holders later. WMILT only has jurisdiction over the Chapter 11 declared and listed assets for liquidation necessary to exit Chapter 11. WMILT does not have jurisdiction over assets not put on the table by the debtors --- as they were allowed to exclude because this was NOT a Chapter 7 liquidation of everything. Again, Chapter 11 is like a garage sale, and the WMILT can only sell what was put in the front yard. Everything else inside our home is off limits to the neighbors.

WE never saw all the assets of WMI/WMIH now trading as COOP, because the debtor didn't have to disclose them in their Chapter 11 bankruptcy.

All I'm saying, When we clear this bankruptcy, then we shall find out what remains. What 'remains' is why this was a Chapter 11, not a Chapter 7 liquidation. SO, we know there is something of value just from the debtors choice of filing alone. And because of Chapter 11 we KNOW, the WMILT will never issue us LTIs or anything of significant value - only what they were created to liquidate and distribute, which is far far less than what is actually out there waiting for those who released. Once the WMILT is done, and the debtor finally discharged from its bankruptcy chains, then, we find out truly what and why the debtor chose to file for Chapter 11 re-org, and not a Chapter 7 iquidation where 'everything would be stolen'.

All I'm saying is there is an endless hen clucking and pecking here daily about things that aren't even relevant. Apples and Oranges.

Know and understand the difference between Chapter 11 and Chapter 7. When you truly understand this difference and what WMI and WMIIC both being in Chapter 11 really means..................then what AZ and RON have been saying for years makes perfect sense. Everyone else is just manipulating the masses.