TRAVERS v. STATE COLLECTION SERVICE, INC., 16-cv-01848-RFB-PAL. (2017)
Court: District Court, D. Nevada
Number: infdco20170504e75
Visitors: 17
Filed: May 02, 2017
Latest Update: May 02, 2017
Summary: STATUS REPORT ON NOTICE OF SETTLEMENT PEGGY A. LEEN , Magistrate Judge . On or about 3/01/2017, LYNN D. TRAVERS (the "Plaintiff") and WELLS FARGO HOME MORTGAGE (the "Defendant" or "WELLS FARGO")(hereinafter collectively the "Settling Parties") settled their respective disputes in this matter. Pursuant to the Court's Order entered on March 7, 2017, the Settling Parties were to file dismissal paperwork by May 2, 2017 or provide a status report outlining what is impeding settlement and full r
Summary: STATUS REPORT ON NOTICE OF SETTLEMENT PEGGY A. LEEN , Magistrate Judge . On or about 3/01/2017, LYNN D. TRAVERS (the "Plaintiff") and WELLS FARGO HOME MORTGAGE (the "Defendant" or "WELLS FARGO")(hereinafter collectively the "Settling Parties") settled their respective disputes in this matter. Pursuant to the Court's Order entered on March 7, 2017, the Settling Parties were to file dismissal paperwork by May 2, 2017 or provide a status report outlining what is impeding settlement and full re..
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STATUS REPORT ON NOTICE OF SETTLEMENT
PEGGY A. LEEN, Magistrate Judge.
On or about 3/01/2017, LYNN D. TRAVERS (the "Plaintiff") and WELLS FARGO HOME MORTGAGE (the "Defendant" or "WELLS FARGO")(hereinafter collectively the "Settling Parties") settled their respective disputes in this matter.
Pursuant to the Court's Order entered on March 7, 2017, the Settling Parties were to file dismissal paperwork by May 2, 2017 or provide a status report outlining what is impeding settlement and full resolution in this matter. See Doc. No. 46.
While dismissal paperwork has not yet been filed, the Settling Parties have negotiated the final terms of a proposed settlement agreement and the settlement terms are being executed.
The specific delays in filing dismissal paperwork resulted from a natural time delay in finalizing agreeable credit reporting data to be reported on the Plaintiff's credit report. The Settling Parties both had to consult with their clients to finalize the data which was agreeable to be published by the Defendant. Accordingly, additional time was required to finalize settlement and fulfill the Settling Parties' settlement obligations.
The Settling Parties expect to have all outstanding settlement issues resolved within thirty (30) days.
IT IS SO ORDERED.
Source: Leagle
