VACU’s efforts come nearly four years after Hild’s now-defunct reverse mortgage company Live Well Financial was forced into bankruptcy and Hild was subsequently charged and convicted of fraud.
The lawsuit’s ultimate goal is to allow the Chesterfield-based lender to take possession of the real estate, likely through foreclosure, and then sell it off to help pay down the $6 million loan balance.
Live Well Financial bankruptcy trustee targets the Hilds in $110M lawsuit richmondbizsense.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from richmondbizsense.com Daily Mail and Mail on Sunday newspapers.