PITTSBURGH – A Texas financial company is seeking to recoup a loan it issued to a pair of Pennsylvania defendants in 2005, and cure what it argues was a perceived default on the parts of those defendants.
Collins Asset Group, LLC of Austin, Texas, filed suit in the Allegheny County Court of Common Pleas on Jan. 11 versus Ericke L. Evans of Greensburg and Carlona Evans of Pittsburgh.
On Feb. 3, 2005, the defendants executed a promissory note and loan, due to begin being paid on Aug. 15, 2006 and finalizing payment on Feb. 8, 2020, the suit says. The promissory note was subsequently assigned to the plaintiff on July 21, 2015 and it sent a notice of intent to accelerate and right to cure default within 30 days to the defendants on Sept. 28, 2015, the suit says.
But since the defendants allegedly did not cure the default, plaintiff accelerated all future principal due, as was its right, and there remains due and owing on the $38,654.49, plus additional fees and costs incurred in bringing the instant action forward, the suit says.
For breach of note, the plaintiff is seeking damages of $38,654.49, attorneys’ fees, costs and all such further relief as the Court may deem to be fair, just or equitable.
The plaintiff is represented by Demetrios H. Tsarouhis of Tsarouhis Law Group, in Allentown.
Allegheny County Court of Common Pleas case GD-18-000564
From the Pennsylvania Record: Reach Courts Reporter Nicholas Malfitano at email@example.com