Live Well Financial forced into Chapter 7

An embattled local mortgage lender has been dealt another blow, as a group of its largest creditors were successful in their bid to push the company into bankruptcy.

Hild wants bank lawsuit tossed

The CEO of defunct local mortgage company Live Well Financial is fighting back against a multimillion-dollar lawsuit, arguing he’s not personally on the hook for debt his firm owes to a Michigan-based bank.

Updated: Creditors look to force Live Well Financial into bankruptcy

Three sizable creditors of collapsed local lender Live Well Financial are attempting to force the Chesterfield-based firm into bankruptcy liquidation as they seek to recoup more than $130 million. Flagstar Bank, Mirae Asset Securities, and Industrial and Commercial Bank of China Financial Services filed an involuntary bankruptcy petition against Live Well on Monday in Delaware… Read more »

Live Well Financial CEO sued for repayment of $80M in loans

A bank in Michigan is going after the head of a recently shuttered Chesterfield-based mortgage company, as it looks to recoup collateral on tens of millions of dollars’ worth of allegedly defaulted loans.

So long Union Bank & Trust, hello Atlantic Union Bank

“There are literally thousands of touch points,” a bank executive said of the nearly endless list of items that had to be changed out to make way for the new moniker. The changeover also includes a new name for the bank’s holding company and a new stock ticker symbol.