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Bank wants Missouri Rep. Cleaver [D-MO] to pay $1.5 million on car wash loan
kansascity.com ^ | 4/6/12 | Steve Kraske and Dave Helling

Posted on 04/07/2012 12:46:12 PM PDT by Justaham

U.S. Rep. Emanuel Cleaver's car wash headache is raging once again. The bank that loaned the Kansas City congressman and his wife $1.3 million in 2002 to buy the Grandview Auto Wash at 12204 Blue Ridge Extension is now demanding payment of more than $1.5 million, after the Cleavers repeatedly fell behind on repaying the loan.

The suit, filed last week in Jackson County Circuit Court, said the demand for repayment came after three attempts to delay foreclosure. Bank of America also is seeking attorney’s fees and a receiver to protect collateral. “The Cleaver Company failed and refused, and continues to fail and refuse, to pay the outstanding obligations due and owing … under the note and other loan documents,” the lawsuit said.

(Excerpt) Read more at kansascity.com ...


TOPICS: Culture/Society; News/Current Events; US: Kansas
KEYWORDS: clairemccaskill; emmanuelcleaver; jacksoncounty; kansascity; missouri
If Spittlegate Cleaver can't manage his own personal business, what more of his district's business.
1 posted on 04/07/2012 12:46:19 PM PDT by Justaham
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To: Justaham

Shades of Breaking Bad - were more than cars getting washed there?


2 posted on 04/07/2012 12:51:47 PM PDT by NonValueAdded (Steyn: "If Greece has been knocking back the ouzo, we're face down in the vat.")
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To: Justaham

Black Democrat.. Bank wants load repaid...

What we got here is a clear case of racism.

3 posted on 04/07/2012 12:52:19 PM PDT by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: Justaham
The Rev. represents Kansas City, Missouri ... not Kansas.

It should also be noted that he is the former mayor of Kansas City and current chairman of the Congressional Black Caucus.

4 posted on 04/07/2012 12:56:47 PM PDT by Zakeet (Obozo is to competent as an Etch-A-Sketch is to art)
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To: Justaham

Rep Cleaver is D-MO he represents the 5th(?) District of Missouri which is basically kansas City.

Regards

alfa6 ;>}


5 posted on 04/07/2012 12:57:18 PM PDT by alfa6 (...Moderation is for monks RAH)
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To: Justaham

Takes a lot of car washes to pay that loan.


6 posted on 04/07/2012 1:02:42 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: WilliamofCarmichael

He probably only got the loan because he was a congress critter. I guarantee I couldn’t get a loan like that on a car wash.


7 posted on 04/07/2012 1:04:24 PM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Justaham

He’ll likely accuse the bank of spitting on him. /sarc


8 posted on 04/07/2012 1:10:03 PM PDT by orinoco (Orinoco)
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To: Justaham

http://www.youtube.com/watch?v=O_F2Kf17d6U


9 posted on 04/07/2012 1:10:39 PM PDT by Daveinyork
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To: driftdiver; WilliamofCarmichael

” He probably only got the loan because he was a congress critter. I guarantee I couldn’t get a loan like that on a car wash.”

Down payment : 0

Deferred payments = 1 year

Actual monthly payments made = 0

Conclusion : Racism


10 posted on 04/07/2012 1:30:00 PM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: driftdiver

On Google streetview the neighborhood looks kinda sketchy but I suppose that’s typical for Democrat neighborhoods. Car washes in bad neighborhoods are worth $1.2MM?


11 posted on 04/07/2012 1:35:07 PM PDT by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: NonValueAdded

Small Business Administration loan too. The stench is incredible.


12 posted on 04/07/2012 1:41:14 PM PDT by Jacquerie (No court will save us from ourselves.)
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To: NonValueAdded

Time to hire some babes in bikinis down at the Scrubba Dubba...


13 posted on 04/07/2012 1:57:48 PM PDT by gorush (History repeats itself because human nature is static)
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To: Admin Moderator

Correction to the title: Should be D-MO, not KS.

Cleaver fleeces the 5th congressional district in MO, including the greater Kansas City area.

The reason I know this, is I used to live in his district, and dutifully voted against him, and the drunk broad before him, and Alan Wheat before her.

I now live in Kevin Yoder’s district, across the state link in KS.


14 posted on 04/07/2012 2:03:07 PM PDT by MarkL (Do I really look like a guy with a plan?)
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To: gorush

He’ll need another loan for that, won’t he?

Think he’d have any problem getting one?

Hmm?


15 posted on 04/07/2012 2:07:24 PM PDT by MarineDad (Wherever mosques and JDAM's meet, civilization benefits)
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To: Justaham

They should garnish his wages to pay this debt.


16 posted on 04/07/2012 2:07:24 PM PDT by mac_truck ( Aide toi et dieu t aidera)
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To: Justaham

Damn! And just when Cleaver was getting his life turned around, too!


17 posted on 04/07/2012 2:15:23 PM PDT by YHAOS (you betcha!)
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To: Sooth2222

Cash business.

Do the math.


18 posted on 04/07/2012 2:43:41 PM PDT by Eldon Tyrell
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To: driftdiver

Got a loan for a car wash, took the bank to the cleaners.


19 posted on 04/07/2012 3:45:44 PM PDT by DPMD
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To: Justaham

The honorable Rev Cleaver. What a sham flam man. I wonder if his daughter on Chanel 41 KSHB will be assigned the story to report.

We need to defeat this liberal in 2012. Sadly others have tried and his inner city voters bring him back. The last challenger Jacob Terk was not even close.


20 posted on 04/07/2012 3:51:26 PM PDT by ncfool (OMG 2012)
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To: ncfool

“The honorable Rev Cleaver. What a sham flam man. “

While all of you who profess your beliefs here on FR are about it, you might want to go over that passage in the Bible about “many there are who grow near to Me with their lips, while their hearts they are far from Me.” Then let us all know how you want to deal with the “Black Reverends.” Talk about a religious scam! It should be offensive to any real Christian to think that these men are by any stretch of the imagination, “religious leaders!” Personally, I am hoping that all of them are handing out towels in the rest room in Hell when they leave us.
Also, I guess you can ask the Creator for slack for Hugo Chavez if you want, but me, I’m ready to put money in the poll on just how little time this worthless Marxist has left!


21 posted on 04/07/2012 4:29:33 PM PDT by vette6387
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To: MarineDad
He’ll need another loan for that, won’t he? Think he’d have any problem getting one?

If he does not get another loan, it's racism!!!!
22 posted on 04/07/2012 4:34:30 PM PDT by Justaham
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To: mac_truck

That’s racist.


23 posted on 04/07/2012 7:21:15 PM PDT by ncfool (OMG 2012)
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To: ncfool

ping


24 posted on 05/31/2012 8:01:47 PM PDT by ncfool (OMG 2012)
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