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MADISON - ST. CLAIR RECORD

Friday, March 29, 2024

Fifth Third files suit over unpaid loan

A bank claims a couple owes it more than $60,000 for an unpaid loan.

Fifth Third Bank filed a lawsuit May 3 in Madison County Circuit Court against Robert D. and Linda S. Pyles.

Fifth Third claims it delivered a loan to the Pyles on May 5, 2004.

Since then, however, the Pyles have failed to make all loan payments on a timely basis, according to the complaint.

"The Defendants are in default and through the date stated on Plaintiff's Affidavit, a copy of which is marked Exhibit 'B,' attached hereto and incorporated as though more fully set forth herein, there is due and owing to Plaintiff the sum of $63,642.59," the suit states.

In addition to the money Fifth Third claims the Pyles owe it, it seeks attorney's fees of $350, pre-judgment interest, costs and other relief the court deems just.

Markoff and Krasny of Chicago will be representing the bank.

Madison County Circuit Court case number: 10-L-475.

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