Kapitus Servicing, Inc., as sub-servicing agent of Kapitus, LLC v. First Financial Bank, N.A.

── Kapitus Servicing, Inc., as sub-servicing agent of Kapitus, LLC v. First Financial Bank, N.A. ── Case No.: 23A-CT-02239 Court: Indiana Court of Appeals Date: July 29, 2024 Author: Judge Leanna Weissmann County of Origin: Vigo Category: Civil Decision: Affirmed Judge Mathias and Judge Tavitas concur In 2018, AAA, an electrical services company, was working on two main projects. When the projects were delayed, AAA suffered financial setbacks that caused it to default on $1.6 million in loans from First Financial. Trying to stay in business, AAA and its owner, George Petit, in his personal capacity, entered into a Forbearance Agreement with First Financial in January 2019.