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The wife of a former Missouri State Representative has filed a lawsuit against Central Bank of Kansas City for alleged fraud.
January 14 -
Banks and debt collectors are taking over courtrooms to press consumers for payments. Local officials see these 'rocket dockets' as a way to cope with a deluge of collections suits. But their judicial appearance may also mislead debtors into believing they face offers they can't refuse.
February 11
Even legislators can run into trouble with creditors.
Rep. Emanuel Cleaver (D-Mo.) and his wife, Dianne, fell behind on loan payments to Bank of America (BAC). Now the Cleavers will have a portion of their wages garnished to go toward the $1.3 million they owe, according to a Jackson County court order issued Tuesday. The news was first reported by
The Cleavers initially borrowed $746,000 loan in 2002 to buy a car wash business in Grandview, Mo., according to court records and the City Star. They now owe almost twice that amount because of accrued interest, late fees, attorneys' fees, cost of collection and other reimbursable expenses, according to a
The House of Representatives and Dianne Cleaver's employer, Urban Neighborhood Initiative, first received orders to withhold portions of the Cleavers' salaries in July.
Rep. Cleaver's office did not immediately return a request for comment.