A couple who claimed they were cheated out of a $93,000 loan reduction cannot sue the companies who bought their debt, finding the firms were neither parties nor successors in interest to a contract, the Delaware Court of Chancery has ruled.
Melissa and Charles J. Dalton Jr., of Middletown, accused LSF9 Master Participation Trust and Caliber Home Loans Inc. of breaching the contract and violating the duty of good faith and fair dealing for refusing to honor the 2015 agreement that laid out the terms for achieving the reduction on their $445,700 mortgage.
