DEADBEAT: Bank wants Missouri Rep. Cleaver to pay $1.5 million on car wash loan.
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.
Actually repaying loans is for the little people. Duh.
UPDATE: Reader Charlie Gallo writes: “Notice it only takes to the eighth paragraph before they mention his party. Want to bet if he was a Republican, there would have been a (R) after the first mention, if not the headline.”