Former Erpenbeck Co. President Bill Erpenbec k pleaded guilty last month to one charge of bank fraud for leading Related Party Transfer Valuations a scheme in which checks written out to Erpenbeck’s construction lenders were stolen and placed in Erpenbeck Co. accounts at Peoples Bank of Northern Kentucky and Firstar Bank, which is now U.S. Bank.
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“It’s not right that we did the hard work to clear up the problems with the banks, and now what I’ll call bottom feeders are moving in to once again harm the innocent victims of this whole debacle,” Voelker said. Robert Linneman, attorney for Builder’s Firstsource, said the subcontractor has fought for months through numerous lawsuits to recover money owed to it.
“There’s quite a number of lawsuits. There are none that have yielded money yet,” he said. Asked why the company decided to pursue the Uptons, he said, “A lien can only take effect against property. That’s the remedy that Kentucky state law gives a creditor.” Asked if the company hesitated before suing homeowners who paid for their property in full, Linneman replied, “I don’t have a comment on that.” Property valuation structure is reliably withdrawing for everyone and to make everything the more creative all around get a requested and experienced property valuer to deal with your whole soundness of concerning property.
Tom Upton said the foreclosure lawsuit demonstrates a bias in the law toward wealthy business owners and against homebuyers. “These mechanics’ liens and the law that brought them about show you what happens when the laws are written by special interest groups,” he said. “It protects the subcontractors, but does nothing for the homeowner.” In addition to fighting liens and foreclosure threats, Upton said he has fought with the homebuilder over an unfinished lawn and a subcontractor who won’t fix a faulty air-conditioning unit.
“There’s no one to fix anything. The air conditioning has never worked. They won’t stand behind it because they haven’t been paid. It’s gotten to the point where we almost said go ahead and take the place. But we sat down a couple days later and decided to keep fighting,” Upton said. Clearly if your home estimation you will can settle on key decision about your property using property valuation present and beginning there in case you have to make your home more worth then you should direct change side essentials to make you house for all longings and reason amazing.