Skip to comments.Bank wants Missouri Rep. Cleaver [D-MO] to pay $1.5 million on car wash loan
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 attorneys 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 ...
Shades of Breaking Bad - were more than cars getting washed there?
Black Democrat.. Bank wants load repaid...
What we got here is a clear case of racism.
It should also be noted that he is the former mayor of Kansas City and current chairman of the Congressional Black Caucus.
Rep Cleaver is D-MO he represents the 5th(?) District of Missouri which is basically kansas City.
Takes a lot of car washes to pay that loan.
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.
He’ll likely accuse the bank of spitting on him. /sarc
” He probably only got the loan because he was a congress critter. I guarantee I couldnt get a loan like that on a car wash.”
Down payment : 0
Deferred payments = 1 year
Actual monthly payments made = 0
Conclusion : Racism
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?
Small Business Administration loan too. The stench is incredible.
Time to hire some babes in bikinis down at the Scrubba Dubba...
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.
He’ll need another loan for that, won’t he?
Think he’d have any problem getting one?
They should garnish his wages to pay this debt.
Damn! And just when Cleaver was getting his life turned around, too!
Do the math.
Got a loan for a car wash, took the bank to the cleaners.
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.