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MADISON - ST. CLAIR RECORD

Thursday, March 28, 2024

Commerce Bank tells Bank of Edwardsville to freeze Delaney assets

Commerce Bank has directed Bank of Edwardsville to freeze any assets of former St. Clair County clerk Bob Delaney.

Commerce Bank filed a citation to discover assets on Bank of Edwardsville in St. Clair County circuit court on Oct. 29, in pursuit of a judgment worth more than $90,000.

Commerce Bank sued Delaney and wife Janet in 2011, claiming they owed $59,342.97 on a promissory note.

Later that year the bank and the Delaneys filed a consent judgment of $80,101.78 in principal, interest and legal fees.

Last year the bank served a citation to discover assets on Bank of O’Fallon.

A checking account at Bank of O’Fallon showed a negative balance, however, and the Delaneys owed $22,075.84 on loans there, according to the lawsuit.

This June, Commerce Bank served a garnishment notice on the county.

The county would have started deducting $554.42 from Delaney’s pay every two weeks, but he resigned.

According to Commerce Bank’s citation on Bank of Edwardsville, the unsatisfied judgment has grown to $91,245.88.

The Delaneys also face foreclosure on their home at 48 Woodford Way in Collinsville.

JP Morgan Chase Bank sued them in August, claiming they hadn’t made a mortgage payment since April.

The bank calculated their debt at $215,856, with interest accruing at $27.35 a day.

 

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