Nicolas Poorman, et al. v. Servbank, et al.

CourtDistrict Court, S.D. Ohio
DecidedMarch 11, 2026
Docket2:23-cv-03945
StatusUnknown

This text of Nicolas Poorman, et al. v. Servbank, et al. (Nicolas Poorman, et al. v. Servbank, et al.) is published on Counsel Stack Legal Research, covering District Court, S.D. Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Nicolas Poorman, et al. v. Servbank, et al., (S.D. Ohio 2026).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF OHIO EASTERN DIVISION

NICOLAS POORMAN, et al., Plaintiffs, v. Case Number 2:23-cv-3945 Judge Edmund A. Sargus, Jr. Magistrate Judge Elizabeth P. Deavers SERVBANK, et al., Defendants. OPINION AND ORDER This matter is before the Court on four Motions to Dismiss filed by Defendants: Servbank’s Motion to Dismiss Plaintiffs’ Second Amended Complaint (ECF No. 47), Linda Case’s Motion to Dismiss Plaintiffs’ Second Amended Complaint (ECF No. 53), The Money Source, Inc.’s (“TMS”) Motion to Dismiss Plaintiffs’ Second Amended Complaint (ECF No. 54), and Defendants Servbanc Holdco Inc. (“Holdco”) and Stavros Papastavrou’s Joint Motion to Dismiss Plaintiff’s Second Amended Complaint (ECF No. 55). These Motions are ripe for review. For the reasons stated below, all the Motions to Dismiss are GRANTED in part and DENIED in part. Additionally, the Court DENIES as moot Defendants’ Motion to Strike (ECF No. 63.) BACKGROUND Plaintiffs Nicolas and Kayla Poormans’ home in Circleville, Ohio is subject to a promissory note and mortgage. (Second Am. Compl. (“SAC”), ECF No. 38, ¶¶ 7, 17.) Servbank currently services the note, but it was previously serviced by TMS. (Id. ¶¶ 7, 10.) The claims in this case stem from a series of communications between Plaintiffs and TMS and Servbank that occurred between 2022 and 2024. (See id.) I. Factual Background Plaintiffs’ home was subject to a foreclosure proceeding in the Pickaway County Court of Common Pleas. (SAC, ¶ 23.) The communications at issue began in August 2022 when Plaintiffs submitted a loan modification application to TMS by email. (Id. ¶¶ 23–24.) Plaintiffs allege that TMS failed to provide timely written acknowledgment that their application was complete, as required by law, so they mailed TMS a notice of error (“NOE”). (Id. ¶ 30.) Around the same

time, Plaintiffs also sent TMS two requests for information (“RFI”), seeking specific information regarding their loan modification application. (Id. ¶¶ 25–28.) According to Plaintiffs, TMS failed to timely acknowledge and respond to the NOE and RFIs. (Id. ¶¶ 29, 36–37.) Additionally, they allege that TMS’s untimely response to the NOE contained false information regarding the date that the loan modification application was received and an alleged response that TMS sent to Plaintiffs. (Id. ¶¶ 33–35.) In October 2022, Plaintiffs received a loan modification offer that contained a trial payment plan, which they completed in the following months. (Id. ¶¶ 41–42.) On February 13, 2023, Plaintiffs received permanent loan modification documents from TMS. (Id. ¶ 59.) They executed and returned the documents to TMS on March 2, 2023. (Id.) The next day, Plaintiffs

received a letter stating that TMS is being “rebranded” to Servbank effective April 1, 2023, and that many aspects of the loan servicing would remain the same. (Id. ¶¶ 44, 47.) On March 31, 2023, Plaintiffs attempted to make a payment in accordance with the loan modification, but TMS refused payment and stated that the loan modification had been cancelled. (Id. ¶ 60.) According to TMS, it was cancelled because executed loan modification documents were sent one day late. (Id. ¶ 62.) Believing their loan modification was wrongfully terminated, Plaintiffs sent TMS a second NOE. (Id. ¶ 63.) Because TMS allegedly failed to timely acknowledge and respond to the second NOE, Plaintiffs sent a third NOE, which TMS also allegedly failed to timely acknowledge and respond to. (Id. ¶¶ 71–74, 96–97.) On May 30, 2023, Plaintiffs received two responses to their second NOE—an acknowledgement and a substantive response. (Id. ¶¶ 76–77, 85.) Because of the dates and information in the letters, Plaintiffs allege that the letters contained either false or misleading information about the date the second NOE was received and TMS and Servbank being separate companies. (Id. ¶ 81–82,

88–89, 92.) Plaintiffs submitted a second loan modification application on May 30, 2023, and received a permanent loan modification offer on June 7, 2023. (Id. ¶¶ 95, 98.) According to the accompanying letter, Plaintiffs were to execute and return the documents to Servbank within 14 days after receiving them. (Id. ¶ 101.) Plaintiffs returned the executed documents 14 days later, on June 21, 2023. (Id. ¶ 103.) Two days later, Servbank mailed Plaintiffs a notice stating their loan was past due and in default. (Id. ¶ 108.) On June 28, 2023, Plaintiffs sent a third RFI inquiring whether the loan modification documents were finalized. (Id. ¶ 103.) They allege that Servbank failed to timely acknowledge and respond to the third RFI, and that the eventual, untimely response contained false information. (Id. ¶¶ 106, 111, 116.)

Plaintiffs attempted to make a payment on June 30, 2023, per the modified loan payment plan, but Servbank rejected the payment. (Id. ¶ 109.) A Servbank employee informed them that their loan modification plan was cancelled because their modification documents were sent late. (Id. ¶ 117.) According to the employee, the executed documents were due 14 days after they were mailed, not 14 days after they were received. (Id.) Because of this, Plaintiffs sent a third NOE, which they allege Servbank failed to timely acknowledge or respond to. (Id. ¶¶ 119–21, 125, 127.) They also assert that the untimely responses contained false or inaccurate information. (Id. ¶¶ 124, 129.) Plaintiffs mailed a fourth NOE because of the untimely responses to the third NOE. (Id. ¶ 130.) They allege that Servbank failed to timely acknowledge and respond to the fourth NOE. (Id. ¶¶ 132–33.) Plaintiffs submitted a third loan modification application and fifth RFI in December 2023. (Id. ¶¶ 136, 138.) Servbank timely responded to these communications (Id. ¶¶ 137, 141– 42.) In February 2024, Plaintiffs received, executed, and returned the new loan modification

documents. (Id. ¶¶ 143, 145.) The third loan modification offer contained different terms than the first two loan modification offers. (Id. ¶ 144.) On March 11, 2024, Plaintiffs sent a fifth RFI requesting the fully executed loan modification documents. (Id. ¶ 146.) Servbank timely acknowledged this request, and Plaintiffs subsequently received the fully executed loan modification paperwork. (Id. ¶¶ 148–50.) In total, Plaintiffs allege that Defendants failed to timely acknowledge and/or respond to four NOEs (Id. ¶¶ 184–85); two RFIs (Id. ¶¶ 176–77); and two loan modification applications. (Id. ¶¶ 195–200). They also allege that at least nine of Defendants’ communications contained false, misleading, or deceptive information. (Id. ¶ 205.) II. Procedural History

Plaintiffs filed this lawsuit in November 2023. (ECF No. 1.) Their first complaint brought five claims against Servbank: three for violations of the Real Estate Settlement Procedures Act (“RESPA”), 12 U.S.C. §§ 2601 et seq., intentional fraudulent misrepresentation, and negligent misrepresentation. (Id.) Servbank filed a motion to dismiss one of the RESPA claims and the negligent misrepresentation claim. (ECF No. 17.) The Court denied the motion to dismiss and permitted Plaintiffs to amend their complaint to correct a typographical error. (ECF No. 26.) Plaintiffs subsequently filed the First Amended Complaint. (ECF No. 34.) While conducting discovery, Plaintiffs learned that Servbank asserts to be a separate entity from TMS. (ECF No. 27, PageID 945–46.) Due to this new information, Plaintiffs sought leave to file a Second Amended Complaint to add new parties and claims. (Id. PageID 950–51.) The Court granted leave. (ECF No. 37.) The Second Amended Complaint brings claims against Servbank and four other defendants: (1) TMS; (2) Holdco, which Plaintiffs allege is the parent company of TMS and Servbank; (2) Stavros Papastavrou, who Plaintiffs allege is the owner of

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Nicolas Poorman, et al. v. Servbank, et al., Counsel Stack Legal Research, https://law.counselstack.com/opinion/nicolas-poorman-et-al-v-servbank-et-al-ohsd-2026.