Regions Bank filed a lawsuit May 15 in the St. Clair County Circuit Court against R&J Sports Page Inn, Ralph Schneider and Janis L. Schneider claiming they have failed to repay it more than $100,000.
In its complaint, Regions Bank alleges it lent R&J money, which is secured by a mortgage for property at 2635 Old State Route 3 in East Carondelet. It lent the money April 11, 2001, according to the complaint. Since then, R&J has refused to make promised payments, the suit states. In addition, the Schneiders failed to repay the loan, the bank claims.
As a result of defendants’ failure to make the promised payment, under the note, the plaintiff has been injured in the amount of $116,805.29, plus accrued interest, attorney fees and costs, the complaint says.
In addition to the money it claims R&J owes it, Regions Bank seeks interest, attorney’s fees and costs. It is being represented by Dennis A. Dressler and David A. Wargula of Dressler Peters in Chicago.
St. Clair County Circuit Court case number 14-L-333.