My company, XXXX XXXX used loan servicers XXXX XXXX and XXXX XXXX at Residential First CapitalXXXX XXXX XXXX, CA for servicing a debtor.
We were successfully paid off by the debtor and the money ( {>= $1,000,000} ) was wired to Residential First Capital 's bank account.
Residential First Capital has refused to wire over XXXX 's cash unless I sign a waiver to release all claims that I may have against them for servicing the loan and I pay XXXX XXXX {$6000.00} in consulting fees. XXXX has no right to deduct any such fees from this money, but the bigger issue is that they are tying the handing over of my cash with this release of claims waiver. They are attempting to blackmail my company and hold it's cash XXXX unless I sign this waiver. They have made their demands via email ( see attached ).
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