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Lenders sue borrowers over alleged outstanding loans

MADISON - ST. CLAIR RECORD

Friday, November 22, 2024

Lenders sue borrowers over alleged outstanding loans

Lawsuits
Contract 02

EDWARDSVILLE — A Madison County resident and her company are being sued for allegedly failing to make payments on a loan.

Mike Blemaster & Jumping Cactus Development LLC filed a complaint on Oct. 9 in Madison County Circuit Court against Rita L. Parcel and Parcel Properties of Illinois LLC.

According to the complaint, the plaintiff loaned approximately $164,000 to the defendants. The plaintiff claims the defendants failed to pay the amounts due under the note. They now owe $184,613, the complaint states. 

The plaintiffs request a trial by jury and seek judgment against the defendants. They are represented by William W. Asa of Mathis, Marifian & Richter in Edwardsville.

Madison County Circuit Court case number 18-L-1340

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